ArcelorMittal to close down Saldanha plant in South Africa, 1000 employees affected

(G.N.S) Dt. 12 Johannesburg The world’s largest steelmaker ArcelorMittal has also remained untouched by the slowdown in the global steel market. The company’s South Africa-based entity said it would close its Saldanha plant due to heavy financial losses. This may cause the plant’s nearly 1,000 employees to lose their jobs. In the steel sector,