Industry News

ArcelorMittal South Africa to suspend work for 3 weeks due to equipment failure

Views : 239
Update time : 2020-08-27 21:07:13
ArcelorMittal South Africa, the largest steel manufacturer in Africa, stated that it has issued force majeure notices to its customers due to plant equipment failures.

The blast furnace in its Newcastle plant was impacted by thermal damage and needed to be shut down. In this case, ArcelorMittal can't continue to perform production and delivery work.

According to preliminary estimates, the necessary repairs should be carried out within a week. However, it was obvious that at least three weeks of the shutdown will be required.
Related News
Read More >>
What Tariffs, Steel Prices Mean for E&S Construction Insurance in California What Tariffs, Steel Prices Mean for E&S Construction Insurance in California
Apr .25.2025
What Tariffs, Steel Prices Mean for E&S Construction Insurance in California
Nickel Price Update: Q1 2025 in Review Nickel Price Update: Q1 2025 in Review
Apr .25.2025
Nickel Price Update: Q1 2025 in Review
Higher steel prices benefiting Region steel mills Higher steel prices benefiting Region steel mills
Apr .25.2025
Higher steel prices benefiting Region steel mills
Vale's net profit drops 17% on lower iron ore prices Vale's net profit drops 17% on lower iron ore prices
Apr .25.2025
Vale's net profit drops 17% on lower iron ore prices