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 ...
Around 3,500 jobs will be affected after weak economic conditions, high costs and Chinese steel imports weighed on the ...
Need at least a year to source alternative steel supplies. Shuttering the steel mills could result in plant closures and job ...
Steel production at the facility is set to halt by the end of January 2025, with the closure of remaining operations planned ...
ArcelorMittal South Africa Ltd. will close its business making long-steel products, after months of consultations with the ...
The effect of this latest development will reverberate throughout the economy and the continent, impacting the auto, motor, ...
Although ArcelorMittal has decided to close its long steel business, SEIFSA and government still want to save it to protect ...
Government is embarking on the largest ever review of steel tariffs just as ArcelorMittal SA (Amsa) announced the closure of ...
Weak domestic markets for long steel products have led MT's South Africa division to wind down its Longs business.
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.
Networth Investments’ offer to buyout a controlling stake in beleaguered ArcelorMittal South Africa (AMSA) from its parent ...
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 ...