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ArcelorMittal SA ordered to stop ops

Oct 24 2012 10:06 Reuters

Company Data

ARCELORMITTAL SOUTH AFRICA LIMITED [JSE:ACL]

Last traded 37.38
Change 0.88
% Change 0.02
Cumulative volume 252648
Market cap 16.66bn

Last Updated: 17/04/2014 at 04:26. Prices are delayed by 15 minutes. Source: McGregor BFA

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Johannesburg - ArcelorMittal SA [JSE:ACL], a unit of the world’s top steelmaker, said on Wednesday it has received a notice from local government to cease operation at some units at its Vanderbijlpark plant on environmental concerns.

“The Gauteng Department of Agriculture and Rural Development alleges that these units do not comply with certain conditions of the air emission licence for the Vanderbijlpark plant,” the company said in a statement.

 
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