Fire halts ArcelorMittal production

Comment on this story


ArcelorMittal

REUTERS

A logo of ArcelorMittal steel group.

Vanderbijlpark - A fire has caused extensive damage at ArcelorMittal's steel-making plant in Vanderbiljpark, forcing it to shut down, the company said on Monday.

ArcelorMittal SA CEO Nonkululeko Nyembezi-Heita said all employees were evacuated unharmed during the fire on Saturday.

“A comprehensive assessment is underway, but it is too early to quantify the exact production shortfall and economic impact,” she said.

The company would not be in a position to completely fulfil its orders and force majeure (a contractual provision removing liability for unavoidable catastrophes) would be issued to the customers and suppliers affected.

“The company will work with customers to assess their requirements and make every effort to source their needs from various ArcelorMittal Group plants,” said Nyembezi-Heita. - Sapa


sign up
 
 

Comment Guidelines



  1. Please read our comment guidelines.
  2. Login and register, if you haven’ t already.
  3. Write your comment in the block below and click (Post As)
  4. Has a comment offended you? Hover your mouse over the comment and wait until a small triangle appears on the right-hand side. Click triangle () and select "Flag as inappropriate". Our moderators will take action if need be.

     

Join us on

IOL-Social networks IOL-Social networks IOL-Social networks IOL-Social networks