South African Metal Workers Strike Against Job Cuts

The National Union of Metalworkers of South Africa is set to strike at ArcelorMittal South Africa to protest job cuts affecting 107 workers. This follows a challenging period for the company, which reported a significant financial loss amid tough market conditions and infrastructure issues.

The National Union of Metalworkers of South Africa (NUMSA) announced a strike at ArcelorMittal South Africa, starting Thursday. This action follows job cuts that have impacted 107 workers at the steel company.

NUMSA has issued a strike notice, claiming their members have been forced into striking after a job cutting process was finalized. Protests will occur at the company's Vanderbijlpark head office.

ArcelorMittal South Africa, a major player in the steel industry, faced a challenging financial period, reporting a 1.11 billion rand loss in the first half of the year, alongside previous strikes and weak steel demand.

(With inputs from agencies.)