ARCELORMITAL Director General in South Africa will resign in 2014

ArcelorMittal South Africa announced the resignation of the general director of Mrs. Nonkululeko Nymbezi-Heita since February 18 next year. It has been at the steering wheel of production over the past six years and has achieved significant success.

The South African unit based on Luxembourg of a steel group, along with its mother's company, is fighting the problems of weak and unstable world and domestic markets, weighed down by the consequences of the financial crisis since the end of 2008.

There were no special reasons for such a decision by Mrs. Nyembezi-heita. Her successor will be declared in the prescribed manner, as the company's message says. The manual during the transition period will be carried out in the prescribed manner.

Nyembezi-Heita was appointed head of Arcelormittal in South Africa in March 2008 and led the company in difficult conditions of frequent clashes with the company supplier Kumba. As a result, both parties reached a new agreement on transactions last month, preventing increase in costs for steel production. But in South Africa, where economic growth is slow, the prospects of metallurgy are not so rosy.

Mistress Nyembezi-Heita led the company in an acute difficult period for the construction sector of South Africa, which experienced a quick and deep decline after the World Cup in 2010. The construction has the largest part of steel consumption in South Africa. The chairman of the MPCO Makwana thanked Nyembezi-heita for her "huge contribution" during an "exceptionally difficult period", not only for the company, but of the steel industry as a whole.