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ArcelorMittal MT-2.14%decrease; red down 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 ...
The South African unit of the world's No.2 steelmaker ArcelorMittal (MT.LU), opens new tab announced the plan on Nov. 28, blaming weak demand and persistent infrastructure problems in Africa's ...
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ArcelorMittal reverses plan to close South Africa plant but sees wider half-year lossAlthough its long steel operations were stable during the six months to June 30, ArcelorMittal said it expects its losses will widen to a headline loss of 0.96-1.04 rand/share for the half-year ...
The announced closure of ArcelorMittal South Africa (AMSA), long steel production from the Newcastle blast furnace could significantly impact the South African automotive sector, a cornerstone of ...
ArcelorMittal South Africa Ltd., Africa’s biggest steelmaker, will cut prices by as much as 13 percent next month, the company said in a letter to clients. “We are seeing some flattening out ...
Significant control over ArcelorMittal South Africa by public companies implies that the general public has more power to influence management and governance-related decisions The largest ...
ArcelorMittal South Africa (AMSA), which is in dire financial straits, has welcomed the International Trade Administration Commission of South Africa’s (ITAC) review of the steel industry tariff ...
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ArcelorMittal South Africa to Wind Down Long-Steel Products BusinessArcelorMittal South Africa is to wind down its long-steel products business affecting around 3,500 jobs, after weak economic conditions, high costs and Chinese steel imports weighed on the company.
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