Carmakers in South Africa are imploring the local unit of ArcelorMittal SA and the country’s trade minister to work together to delay the planned closure of steel mills this month. Associations ...

ArcelorMittal to wind down Longs Business, affecting 3,500 jobs. ArcelorMittal South Africa forecasts significant loss in earnings for 2024. Get Real-Time News and Alerts for Your Portfolio ...

ArcelorMittal South Africa expects its losses to have widened last year. Stripping out one-time items, its loss per share will range from 4.06 rand to 4.41 rand compared with 1.70 rand a year ...

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Yekepa — At the epicentre of ArcelorMittal Liberia's mining operations, atop Tokadeh, Gangra and Yueliton Mountains where busy men, women and machines extract iron ore, one man has for several ...

Johannesburg, Jan 6 (PTI) ArcelorMittal South Africa Limited (AMSA), the local subsidiary of Indian-born British steel magnate Lakshmi Mittal, will cease operations at its long steel plants in the ...

ArcelorMittal South Africa’s announcement this week that it will shut its loss-making long steel operations in Newcastle and Vereeniging is another death knell for the country’s plans of reviv ...

The ArcelorMittal closures mark a turning point that we, cannot ignore. The knock-on effects threaten localisation, jobs, and the broader industrial economy, demanding immediate intervention.

The Newcastle Business Chamber and the Association of South African Chambers has said that potential 3 500 job from ArcelorMittal South Africa’s (Amsa) winding down the Longs Business will have ...

The closure of ArcelorMittal's operations in Newcastle and Vereeniging, leading to the loss of 3,500 jobs, has sparked strong reactions from political parties. The company’s decision to wind ...

ArcelorMittal is poised for recovery in 2025, driven by improved steel prices, a European market rebound, and strategic M&A activities. Despite 2024 challenges, MT's strong cash position, lower ...