South African officials are working to prevent the closure of some steel mills operated by the local unit of ArcelorMittal SA this month, Trade Minister Parks Tau said, adding he is hopeful about ...

Need at least a year to source alternative steel supplies. Shuttering the steel mills could result in plant closures and job ...

Around 3,500 jobs will be affected after weak economic conditions, high costs and Chinese steel imports weighed on the ...

The effect of this latest development will reverberate throughout the economy and the continent, impacting the auto, motor, ...

Government is embarking on the largest ever review of steel tariffs just as ArcelorMittal SA (Amsa) announced the closure of ...

ArcelorMittal South Africa Ltd. will close its business making long-steel products, after months of consultations with the ...

SEIFSA estimates that the closing of the ArcelorMittal long-steel works will lead to a staggering 293 754 direct and indirect ...

ArcelorMittal (NYSE:MT) said Monday it will wind down its long-steel products business in South Africa, following losses brought on by weak economic conditions, high logistic and energy costs ...

Multinational ArcelorMittal on Monday announced that it would close two South African steel manufacturing sites and a rail production plant, affecting some 3,500 jobs.

Weak domestic markets for long steel products have led MT's South Africa division to wind down its Longs business.

ArcelorMittal MT1.04%increase; green up pointing triangle South Africa is to wind down its long-steel products business affecting around 3,500 jobs, after weak economic conditions, high costs and ...