NUMSA to picket IDC offices over looming job losses at ArcelorMittal
The National Union of Metalworkers of South Africa (NUMSA) will be picketing at the offices of the Industrial Development ...
businesstech.co.za1d
Dark clouds gather over South Africa’s most important industry
One of South Africa’s most important sectors is facing mounting challenges that threaten its stability, growth, and ability ...
ArcelorMittal South Africa long-steel closure delayed pending talks
ArcelorMittal South Africa has delayed the closure of its long-steel plant operations by a month pending talks with the ...
biznews.com1d
🔒 FT: South Africa fights to save its apartheid-era steel mills
SA’s steel industry faces a major crisis as ArcelorMittal SA plans to shut key plants, threatening thousands of jobs.
ArcelorMittal South Africa delays long-steel plant closure amid government talks
ArcelorMittal South Africa said on Thursday it will delay the closure of its long-steel plant operations by a month, as the ...
ArcelorMittal Hands South Africa Responsibility for Mill Rescue
ArcelorMittal SA said it’s up to South Africa to keep crucial steel mills open and questioned the government’s industrial ...
ArcelorMittal South Africa faces R5.1bn loss amid longs division closure talks
Amsa had planned to shutter its longs division at the end of this month, but this has been delayed by a month as talks ...
The Citizen6d
Concern about SA steel industry: Trump’s tariffs and ArcelorMittal closure looming
South Africa’s steel industry once supplied over 80% of its own stainless steel hollowware, but that number has dropped to ...
ArcelorMittal South Africa shares down 2% after Trump steel tariffs
Shares in steel producer ArcelorMittal South Africa traded 2% weaker on the Johannesburg Stock Exchange early on Tuesday ...
ArcelorMittal South Africa Full Year 2024 Earnings: Misses Expectations
Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 8.0% growth forecast ...
ArcelorMittal SA swings to R5.1bn headline loss as steel industry faces unprecedented challenges
This significant downturn signals a crisis in the South African steel market, which is grappling with the bleakest ...
Bloomberg L.P.12d
ArcelorMittal Hands South Africa Responsibility for Mill Rescue
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 ...