# ArcelorMittal takeover could make SA pay twice for its steel

The proposed IDC takeover of ArcelorMittal South Africa risks adding another loss-making business to the state’s portfolio. Before committing billions of rand in public money, the government must expl…

| Field | Value |
|---|---|
| Publisher | Daily Maverick |
| Published | 2026-11-12T11:46:34.000Z |
| Section | World |
| Language | en |
| Publisher's article | https://www.dailymaverick.co.za/opinionista/2026-11-12-arcelormittal-takeover-could-make-sa-pay-twice-for-its-steel/ |
| Publishers covering this event | 1 |

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