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ArcelorMittal takeover could make SA pay twice for its steel

Source: Daily Maverick · 2026-11-12T11:46:34.000Z · Business

ArcelorMittal takeover could make SA pay twice for its steel

The proposed IDC takeover of ArcelorMittal South Africa risks adding another loss-making business to the state’s portfolio. Before committing billions of rand in public money, the government must explain who will pay the price of another bailout.

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Read the original report at Daily Maverick

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