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AMSA considering large-scale restructuring, jobs to be lost

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While the full extent of the Covid-19 pandemic still remains uncertain as the economy slowly reopens within government’s risk-adjusted approach to easing lockdown restrictions, JSE-listed steel producer ArcelorMittal South Africa (AMSA) has advised that it is considering a large-scale restructuring. A number of jobs may be impacted, but the exact number would be subject to a formal consultation process.

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