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South African labour union to strike at ArcelorMittal over task cuts

South Africa's metal workers' union said it will go on strike at ArcelorMittal South Africa Ltd. on Thursday to object job cuts that have impacted 107. employees.

The National Union of Metalworkers of South Africa (NUMSA). stated in a statement it would picket the business's Vanderbijlpark. head workplace, south of Johannesburg, on Thursday.

NUMSA has actually issued a strike notice to the company and it. begins on Thursday the 14th of November, it stated.

The union stated its members have actually been provoked into. striking following the conclusion of a task cutting process.

ArcelorMittal was not instantly offered for comment.

Africa's most significant steel manufacturer, majority-owned by. Luxembourg-based ArcelorMittal SA, was rocked by a. two-week wage strike in May 2022, which intensified the effect of. facilities problems and weak steel need on the business's. earnings.

ArcelorMittal South Africa reported a loss of 1.11 billion. rand ($ 61.63 million) in the 6 months to June 30, which. broadened from another loss of 448 million rand in the very same period. in 2015, amid challenging trading conditions in regional and. regional markets.

The steelmaker said in July it chose against shutting its. steel plant in the KwaZulu-Natal province, opting to check out a. strategy to make it practical. ArcelorMittal had actually announced plans to. close the plant in November 2023.

(source: Reuters)