ArcelorMittal suspends job cuts

File picture: Stephane Mahe, Reuters

File picture: Stephane Mahe, Reuters

Published Aug 4, 2015

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Johannesburg - ArcelorMittal's South African unit temporarily withdrew a notice on job cuts at its Vereeniging steel mill, trade union Solidarity said on Tuesday.

The steelmaker, which had said it could shed as many as 600 jobs, said it first wants to consult with trade unions before starting with the formal retrenchment process, Solidarity said in a statement.

The company did not immediately confirm the plan to delay the job cuts.

REUTERS

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