ArcelorMittal offers to sell company to Government for $1

The Steel Workers Union (SWUTT) is not accepting ArcelorMittal’s claims that it was incurring losses since 2009, which subsequently led to the company being forced to close its Point Lisas plant on Friday.

The union has labelled the company’s move as a “strategic” way to wash its hands of its obligations to workers.

Only on Thursday, workers celebrated having won at the Industrial Court, in a case against the company for laying them off twice between December 2015 and February this year.