Definitions
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Etymologies
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Examples
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Ispat is a brand name associated with the Indian steel company LNM Group, which recently become Iscor's controlling shareholder.
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She said the investigation found that Iscor's prices were comparable to prices of competing products available locally, as well as to prices charged in other countries 'domestic markets.
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Ispat is a brand name associated with the Indian steel company LNM Group, which has become Iscor's controlling shareholder.
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Harmony and DRD also took issue with Iscor's policy to grant additional rebates or discounts, in instances of import threats or of substitute product threats.
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Iscor's corporate affairs executive Phaldie Kalam said the declaration of the dispute was simply a tactical action "since discussions were still underway and at a very sensitive stage".
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The National Union of Metalworkers of SA (Numsa) has declared a dispute with Iscor's steel division following a stalemate during wage negotiations, the union said on Tuesday.
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The two jointly represent about 5000 of Iscor's 13,000 workers.
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Numsa instead accepted a once-off ex-gratia payment of R750 per employee for "hardships" it claimed its members had suffered as a result of Iscor's restructuring.
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The union, which has made hyperbolic statements in the past, said Iscor's steel division would retrench the workers over the next three months.
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Numsa, however, said it was conversely vindicated by Iscor's move because it showed that the strike had heavily impacted on the company's production levels.
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