ArcelorMittal declares force majeure, but there is good news

ArcelorMittal declares force majeure, but there is good news

Estimated reading time: 2 minutes

ArcelorMittal South Africa (AMSA) declared force majeure on Wednesday, 14 July 2021, due to the civil unrest in KwaZulu-Natal and Gauteng.

With widespread attacks, vandalism and destruction, the KwaZulu-Natal rail corridor to and from Newcastle was also affected, impacting the transport of material in and out of AMSA by both road and rail.

As anarchy reigned over the past week, AMSA explained that its ability to fulfil its contractual/delivery obligations was affected by factors beyond the company’s reasonable control. This, the steel giant pointed out, constituted a force majeure event. As such, the steel giant issued a notice of force majeure to its customers.

This is not the first time AMSA has declared force majeure. One of these occasions was in August 2020, after a blast furnace breakdown at the Newcastle Works site. 

Playing an integral role throughout the Northern KwaZulu-Natal community, the force majeure announcement came as an unwanted piece of news for those working with the entity. However, the Newcastillian – Online News has positive news to report on the matter. According to AMSA, the force majeure was lifted on Tuesday, 20 July 2021, as a sense of calm descended on the country. This will see business resume as usual.

What are your thoughts on the situation? Share your views in the comment section below.

RELATED NEWS

Leave a Reply

Your email address will not be published. Required fields are marked *

SHARE THIS ARTICLE

Facebook
LinkedIn
X
WhatsApp
Email
Print
Reddit
Telegram

At Newcastillian News, we value the voice of our community and encourage open dialogue. However, it is crucial to maintain a respectful and constructive environment. We remind everyone that using fake or anonymous identities does not shield you from being identified and held accountable for your comments.

To foster a positive community atmosphere, we strictly prohibit any form of racism, sexism, homophobia, or any other discriminatory remarks. Similarly, malicious personal attacks and the use of offensive language are not tolerated and will be promptly removed.

It is also important to note that remarks targeting individuals or companies must be factual and free from unfounded accusations. Comments that involve defamation, false information, or reveal confidential details can lead to legal consequences for the commenter. We reserve the right to remove such comments without prior notice to ensure our community standards are upheld.

Please note that while we encourage diverse opinions and lively debates, Newcastillian News does not intervene in comment disputes. Moderating such interactions is unfeasible and often leads to further complications.

It’s important to remember that the commenter could face legal consequences if a comment infringes on someone else’s rights. Let’s all strive to contribute positively and remember that in this small community, respect and decency are paramount.

Read our TERMS, CONDITIONS AND USER RULES for further information.

Sponsored Content

FOLLOW US