Official source
Source domain: pmg.org.za
Collected on 17 June 2026
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Alternatives for Newcastle and Vereeniging operations aligned to global technological developments
The engagements include alternatives for the Newcastle and Vereeniging operations aligned to global technological developments, including the future of long steel production in mini mills powered by Electric Arc Furnaces often with renewable energy.
the aforementioned engagements include alternatives for the Newcastle and Vereeniging operations aligned to global technological developments.
Places
KwaZulu-Natal, Newcastle Local Municipality
Reference
https://pmg.org.za/committee-question/35363/
Amounts
R 8 500 000 000
Opening Date
5 January 2026
Assessment of projects in other sectors to mitigate economic impact on affected towns
The dtic and IDC are considering and assessing various projects in other sectors to mitigate the economic impact of the plant closures on the affected towns.
Additionally, the dtic and IDC are considering and assessing various projects in other sectors to mitigate the economic impact of the plant closures on the affected towns.
Process for interested parties to take over parts of the AMSA business (including Newcastle and Vereeniging mills)
The dtic and the IDC are administering a process to identify interested parties willing to take over parts of the AMSA business, including the Newcastle and Vereeniging mills, to avoid full decommissioning and secure the future of long steel production in South Africa.
the dtic and the IDC are administering a process of interested partied, willing to take over parts of the AMSA business including Newcastle and Vereeniging mills.
Steel roadmap formulation with industry and labour
The dtic, together with industry and labour, is working towards formulating a steel roadmap to guide how South Africa will revive, reshape and grow the steel industry over the next decade and beyond.
the dtic together with industry and labour are working towards the formulation of a steel roadmap that will inform how South Africa will revive, reshape and grow the steel industry over the next decade and beyond.