Only government assistance can save ArcelorMittal, South Africa’s largest steel producer. Anything less could be catastrophic ...

Shares in steel producer ArcelorMittal South Africa opened 2% weaker on the Johannesburg Stock Exchange on Tuesday after U.S.

South Africa’s steel industry once supplied over 80% of its own stainless steel hollowware, but that number has dropped to ...

ArcelorMittal South Africa has delayed the closure of its long-steel plant operations by a month pending talks with the ...

Seele added that if local supply continues to decline or ceases altogether, manufacturers will be forced to import steel, ...

ArcelorMittal SA said it’s up to South Africa to keep crucial steel mills open and questioned the government’s industrial ...

Amsa had planned to shutter its longs division at the end of this month, but this has been delayed by a month as talks ...

Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 8.0% growth forecast ...

This significant downturn signals a crisis in the South African steel market, which is grappling with the bleakest ...

South Africa’s rand weakened early on Tuesday as traders gauged the effects of U.S. President Donald Trump’s tariffs on steel ...

ArcelorMittal South Africa has delayed the winding down of its Longs Business again, but it needs a lasting solution.

ArcelorMittal SA said it’s up to South Africa to keep crucial steel mills open and questioned the government’s industrial policy. The company’s South African unit has negotiated with state ...