Only government assistance can save ArcelorMittal, South Africa’s largest steel producer. Anything less could be catastrophic ...
South Africa’s steel industry once supplied over 80% of its own stainless steel hollowware, but that number has dropped to ...
The South African government has not invested enough for renewable energy to contribute to long-term economic growth.
Were you told that gold mining in southern Africa started after 1852? Or that the export of iron, steel, copper and gold ...
One of Baffinland’s major investors could be ready to announce some financial hardship. The Daily Investor reported on Feb. 3 ...
South Africa’s rand weakened early on Tuesday as traders gauged the effects of U.S. President Donald Trump’s tariffs on steel ...
Shares in steel producer ArcelorMittal South Africa traded 2% weaker on the Johannesburg Stock Exchange early on Tuesday ...
The company said it believes demand for steel will improve this year after fewer impairment charges and other exceptional ...
Amsa had planned to shutter its longs division at the end of this month, but this has been delayed by a month as talks ...
Steel producer ArcelorMittal South Africa (AMSA) has postponed the wind down of its longs business by a month to allow talks ...
ArcelorMittal South Africa postponed its long-steel plant closure for a month to engage in government discussions aimed at saving the business. The company cites increased orders and negotiations on ...
ArcelorMittal SA’s South African unit said it is considering a rights issue to recapitalize the cash-strapped business, ...