The sad demise of ArcelorMittal’s Saldanha plant

It’s difficult not to sympathise with trade and industry minister Ebrahim Patel on the matter of the winding down of ArcelorMittal SA's steel plant in Saldanha.

Even when the global economy is obsessed with talk of artificial intelligence and the fourth industrial revolution, the reality is that most large economies continue to have some reliance on old-fashioned stuff like steel.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

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