The FF Plus welcomes the announcement of ArcelorMittal South Africa (AMSA) to place its retrenchments at its Vereeniging plant on hold for now and to consult with the most important role-players before further steps are considered,” Adv. Anton Alberts, the FF Plus’ parliamentary spokesperson on Trade and Industry says.
AMSA provisionally withdrew its Section 189A retrenchment notice on Tuesday and undertook to negotiate with all parties concerned, which includes trade unions.
Adv. Alberts says the FF Plus has already undertaken to place the matter under the microscope in the parliamentary portfolio committee on Trade and Industry to prevent the loss of job opportunities in the interest of South Africa’s fragile economy.
He said that such job-losses would potentially destroy the economy in the Vaal-Triangle and lead to great social tragedy.
“The FF Plus has proposed that the feasibility of raising import duties on steel is investigated due to the fact that cheap steel from China is currently being dumped in South Africa.
It should however only be a temporary measure and should be done to give the industry room to restore its economic model while job-losses are curbed. The FF Plus has heard that there is presently an investigation underway in this regard and will monitor the process,” Adv. Alberts says.
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