The National Union of Metalworkers of SA has called for ArcelorMittal SA to be nationalised. Numsa feels that the fight over iron ore prices between ArcelorMittal and Kumba Iron Ore provides reason enough to nationalise the steel maker. The union has made no allusion to the fact that in its previous incarnation, as Iscor, ArcelorMittal was in fact partially owned by the government. Read more: Times Live
While we have your attention...
An increasingly rare commodity, quality independent journalism costs money, though not nearly as much as its absence can cost global community. No country can live and prosper without truth - that's why it matters.
Every Daily Maverick article and every Scorpio exposé are our contribution to this unshakeable mission. It is by far the most effective investment into South Africa's future.
Join our mission to become a Maverick Insider. Together we can Defend Truth.
"Men are good in one way, but bad in many" ~ Aristotle