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PETER BRUCE: Propping up Amsa Was a Hopeless Cause in a World Awash with Steel

Summary by Business Live
The company will close the long-steel works at Newcastle after receiving about R2bn state funding

2 Articles

Business LiveBusiness Live
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PETER BRUCE: Propping up Amsa was a hopeless cause in a world awash with steel

The company will close the long-steel works at Newcastle after receiving about R2bn state funding

·Johannesburg, South Africa
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BizNews.comBizNews.com
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ArcelorMittal gives update on possible closure of Long Steel Business as deferral deadline looms

Newcastle blast furnace placed on care and maintenance as talks with stakeholders fail to secure long-term solution.

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  • 100% of the sources lean Right
100% Right

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BizNews.com broke the news in on Tuesday, September 2, 2025.
Sources are mostly out of (0)
Stories disproportionately reported by the Left or the Right

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