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LAKSHMI MITTAL

Billionaire Watch

Billionaire Mittal’s troubles jeopardize South Africa’s $257 billion Infrastructure boom

ArcelorMittal, the world’s largest steel producer led by Indian billionaire Lakshmi Mittal, has announced the imminent closure of its long-steel plants in Vereeniging and Newcastle, South Africa.

Deborah Dan-Awoh · Jan 21, 2025 3 min