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Reuters reports that the National Union of Metalworkers of SA (Numsa) says it will go on strike at ArcelorMittal SA (Amsa) on Thursday to protest job cuts that have impacted 107 workers.
The union also indicated in a statement that on Thursday it would picket the company's Vanderbijlpark head office. "Numsa has issued a strike notice to the company and it begins on Thursday the 14th of November," the union confirmed. Numsa added that its members "have been provoked into striking" following the conclusion of a job cutting process. Amsa reported a loss of R1.11 billion in the six months to 30 June, which widened from another loss of R448 million in the same period last year, amid difficult trading conditions in local and regional markets. The steelmaker said in July it had decided against shutting its steel plant in KwaZulu-Natal, opting instead to explore a plan to make it viable. Amsa had announced plans to close the plant in November 2023.
- Read the full original of the report in the above regard at Fin24
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