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ArcelorMittal takeover could make SA pay twice for its steel

Newseze Wire·Thu, Nov 12, 11:46 AMWire: Daily Maverick
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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…

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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… The story falls into Newseze's world desk and is being actively tracked by our editorial team. Calm framing, primary-source references, and respectful tone — every Newseze story is scored for drama and conspiracy before it reaches you. Worth knowing: Newseze refreshes its newsroom every hour and flags fast-moving local and breaking news as it develops. Watch this page for updates. Reporting: Daily Maverick.

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