Only government assistance can save ArcelorMittal, South Africa’s largest steel producer. Anything less could be catastrophic ...
Shares in steel producer ArcelorMittal South Africa traded 2% weaker on the Johannesburg Stock Exchange early on Tuesday ...
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 ...
ArcelorMittal South Africa said on Thursday it will delay the closure of its long-steel plant operations by a month, as the ...
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 ...
ArcelorMittal South Africa Ltd (OTCMKTS:AMSIY – Get Free Report)’s share price fell 23.2% during mid-day trading on Wednesday . The stock traded as low as $0.13 and last traded at $0.13. 800 shares ...
South Africa’s rand weakened early on Tuesday as traders gauged the effects of U.S. President Donald Trump’s tariffs on steel ...
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 ...