Weak domestic markets for long steel products have led MT's South Africa division to wind down its Longs business.
Steel production at the facility is set to halt by the end of January 2025, with the closure of remaining operations planned ...
Steel producer ArcelorMittal South Africa's shares fell more than 15% on Monday after the company said it would proceed with ...
Around 3,500 jobs will be affected after weak economic conditions, high costs and Chinese steel imports weighed on the ...
ArcelorMittal to close long-steel business in South Africa, citing losses from economic conditions, high costs and Chinese ...
Networth Investments’ offer to buyout a controlling stake in beleaguered ArcelorMittal South Africa (AMSA) from its parent ...
Newcastle Business Chamber and the Association of South African Chambers say job losses devastating to economy.
ArcelorMittal South Africa, a unit of steel manufacturing company ArcelorMittal (NYSE:MT) has made a major restructuring ...
Steel producer ArcelorMittal South Africa Ltd announced on Monday that it is shutting down its loss-making long steel busi ...
Johannesburg, Jan 6 (PTI) ArcelorMittal South Africa Limited (AMSA), the local subsidiary of Indian-born British steel ...
The company said steel production will likely cease by the end of the month and it has yet to determine the final number of ...
The start of 2025 has cast a shadow over Newcastle as ArcelorMittal South Africa’s decision to wind down its Longs Business.