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Steelmakers’ plans jeopardize South Africa’s infrastructure development

In January, ArcelorMittal South Africa announced a plan to close its long products production facilities

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ArcelorMittal South Africa refused to close the production of long products

The company focused on developing a business viability plan

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South Africa imposes safeguard duty on imports of hot-rolled steel

The rate of duty will be 9%, it is implemented for 200 days for all countries except developing countries