WAGE negotiations between African steel producer ArcelorMittal South Africa (Amsa) and the National Union of Metalworkers of South Africa (NUMSA) have reached a deadlock.
This comes after NUMSA served the steel producer with a 48-hour notice to strike on May 9.
“We have been engaging in wage talks under the auspices of the Metals and Engineering Industries Bargaining Council (MEIBC) since March and we have deadlocked with the employer,” said NUMSA in a statement.
The steel producer confirmed that it tabled a final wage increase offer of 5% across the board on all remuneration elements and a 2% cash-back equivalent from gross payments
However, NUMSA has rejected the company’s offer of a 5% increase and said it was planning an ‘indefinite strike’ from Wednesday.
Numsa said it rejected the offer from management as ArcelorMittal SA made a profit of more than R37 million in 2020.
NUMSA, which initially demanded a
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