RONNIE SIPHIKA: How Amsa fell behind a fast-changing SA
Company’s response to Eskom’s surging tariffs has been more lament than innovation
30 April 2025 - 05:00
At the Vanderbijlpark plant, where molten steel once flowed like blood through the arteries of SA’s industrial ambition, silence now looms heavier than the furnaces that sit cold. Once a symbol of national pride and engineering might, ArcelorMittal SA (Amsa) is today a struggling remnant of the country’s post-industrial dream.
The story of Amsa’s decline is not simply one of bad luck, nor just another victim of SA’s rolling blackouts and rising costs. It is a story of a company — and a culture — that failed to adapt, trapped in a fading legacy while the world moved on...
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