Picture: Itumeleng English Sioc is a subsidiary of Kumba Iron Ore, one of the world's biggest producers of iron ore, which said yesterday it was losing 120 000 tons of the finished product daily because of the strike which started on Wednesday last week. "ArcelorMittal SA's Saldanha plant will be negatively affected if the above [action] continues for more than one and a half weeks as it has stockpiles to continue its operation for a limited period," the statement read.