Steel producer ArcelorMittal South Africa's shares fell more than 15% on Monday after the company said it would proceed with ...

Steel production at the facility is set to halt by the end of January 2025, with the closure of remaining operations planned ...

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

ArcelorMittal to close long-steel business in South Africa, citing losses from economic conditions, high costs and Chinese ...

ArcelorMittal South Africa, a unit of steel manufacturing company ArcelorMittal (NYSE:MT) has made a major restructuring ...

Networth Investments’ offer to buyout a controlling stake in beleaguered ArcelorMittal South Africa (AMSA) from its parent ...

ArcelorMittal South Africa's (Amsa) decision to mothball its long-steel operations at Newcastle Works, Vereeniging Works, and ...

Although ArcelorMittal has decided to close its long steel business, SEIFSA and government still want to save it to protect ...

ArcelorMittal South Africa expects its losses to have widened last year. Stripping out one-time items, its loss per share ...

Shunmugam added that many employees of Amsa considered Newcastle their home, and relocating to another town would be a ...

The first economic week of the year did not bring any good news for South Africa, with ArcelorMittal closing down.

Steel producer ArcelorMittal South Africa Ltd announced on Monday that it is shutting down its loss-making long steel busi ...