government and industry sources have confirmed that negotiations are advancing regarding a significant R1 billion rescue package for ArcelorMittal South Africa (AMSA). This initiative, which ...

The possible closure of ArcelorMittal South Africa’s long steel plant in Newcastle is a stark reminder of the challenges facing the local and global steel industries amidst weak international ...

In this article, National Association of Automotive Component and Allied Manufacturers (NAACAM) CEO Renai Moothilal writes that ArcelorMittal South Africa's (AMSA's) decision to halt long steel ...

Carmakers in South Africa are imploring the local unit of ArcelorMittal SA and the country’s trade minister to work together to delay the planned closure of steel mills this month. Associations ...

This follows rounds of frantic SA Government meetings in south Africa with stakeholders in the SA steel industry and even a recent meeting between President Cyril Ramaphosa and ArcelorMittal SA ...

A R1 billion government bailout is being considered to save ArcelorMittal South Africa (AMSA). The news that AMSA was closing its Longs Steel mills in Vereeniging and Newcastle sent the town into ...

But really bad investments should be rare. So take a moment to sympathize with the long term shareholders of ArcelorMittal South Africa Limited (JSE:ACL), who have seen the share price tank a massive ...

ArcelorMittal South Africa Ltd. on Jan. 6 said it would close facilities that produce so-called long-steel products in the towns of Newcastle and Vereeniging and a rail-fabrication facility in ...

The Department of Trade, Industry and Competition (the DTIC) intends to find a working solution for ArcelorMittal South Africa’s long steel business following a closure notice, with 100,000 jobs ...

ArcelorMittal (‘the Company’) today announces the publication of its fourth quarter and full year 2024 sell-side analyst consensus figures. The consensus figures are based on analysts ...