Auto Added by WPeMatico
Company says it has done nothing wrong and will approach the high court to have the warrant set aside.
Talks fell apart late last year when ArcelorMittal didn’t accept an offer of about R8.5bn, which would have included repayment of R7bn in debt to the parent company.
‘I cannot understand the purpose of adding more and more capacity in a country where we do not have any growth in steel demand’ – South African Iron and Steel Institute secretary-general Charles Dednam.
But Eskom warns other consumers will pay for it.