ArcelorMittal Plant Review May End Hard South African LessonBy
ArcelorMittal unit studying future of plant on west coast
High power costs in winter make the operation unviable
The future of a steel plant built in an ambitious partnership between South Africa’s government and industry is in doubt after the local unit of ArcelorMittal said it is reviewing the viability of the Saldanha mill -- commissioned for $1 billion in 1997.
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