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ArcelorMittal to operate with 100% workforce, but not at full capacity yet

VAAL TRIANGLE - ArcelorMittal South Africa (AMSA) says it will be able to operate with 100% of its workforce at the start of Level 3 in the risk-adjusted approach to the easing of the nationwide lockdown. However, the company said it will only fully restart operations as the demand for steel becomes visible in the orderbook. AMSA CEO, Kobus Verster, says the health and safety of their employees remains a priority. He said they used the lockdown period to ensure that the necessary measures are in place, according to national health protocols and World Health Organization (WHO) guidelines, to safeguard employees as they return to work. Verster said since returning to work on 4 May, the company has restarted dispatches and most rolling mills are operational again as the focus has been on meeting existing orders. Available finished-stock and work-in-progress are sufficient to support the delivery of confirmed orders to the end of June. Beyond that, fresh liquid steel will be produced to service demand. At Level 3, more of AMSA’s customers are expected to reopen which should result in an increase in demand. However, Verster said the harsh reality is that no industry has remained untouched by the pandemic and it is likely that it will be many months, if not years before the economy starts to revive and the demand for steel begins to grow again.

PHOTO: (Supplied)


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