You are here

ArcelorMittal South Africa issues force majeure, cuts salaries

[JOHANNESBURG] ArcelorMittal South Africa has issued force majeure notices to customers and suppliers "where appropriate" as a nationwide three-week lockdown impacts Africa's biggest steel producer.

Triggering a force majeure clause in contracts allows certain terms of an otherwise...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes