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Amsa signals long steel shutdown risk as support falls short

  • ArcelorMittal South Africa (Amsa) is at risk of shutting down its long steel business by 30 September 2025 if no viable solution is found to address structural impediments affecting the division.
  • Limited progress has been made in resolving these impediments, with high imports and Transnet's poor rail performance posing challenges for Amsa.
  • Amsa postponed the closure of its long steel business after securing financial support but stated that further assistance is needed for continued operations beyond the deferral period.
  • Trading conditions remain challenging for Amsa, with lower sales volumes, decreased prices, and various industry challenges prompting calls for government support.

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