Around 3,500 jobs will be affected after weak economic conditions, high costs and Chinese steel imports weighed on the ...
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 ...
Steel production at the facility is set to halt by the end of January 2025, with the closure of remaining operations planned ...
SEIFSA estimates that the closing of the ArcelorMittal long-steel works will lead to a staggering 293 754 direct and indirect ...
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 ...
ArcelorMittal to close long-steel business in South Africa, citing losses from economic conditions, high costs and Chinese ...
Although ArcelorMittal has decided to close its long steel business, SEIFSA and government still want to save it to protect ...
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 ...
For South Africa’s economy, ArcelorMittal’s decision means that there will be fewer players in the country producing long-steel products such as fencing material, rods and bars that are used ...
The effect of this latest development will reverberate throughout the economy and the continent, impacting the auto, motor, ...