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This significant downturn signals a crisis in the South African steel market, which is grappling with the bleakest ...
In 2013, the Department of Trade, Industry and Competition (DTIC) acknowledged AMSA’s dominance in South Africa’s steel market. At that time, AMSA’s pricing strategies based on import parity ...
By Nelson Banya (Reuters) -ArcelorMittal South Africa has delayed the closure of its long-steel plant operations by a month ...
ArcelorMittal South Africa has delayed the winding down of its Longs Business again, but it needs a lasting solution.
with the closure of steel producer ArcelorMittal South Africa's Vereeniging and Newcastle plants threatening localisation, jobs and the broader industrial economy, says industry organisation ...
President Cyril Ramaphosa met Lakshmi Mittal at Davos over ArcelorMittal’s plans to close country’s two largest mills ...
Saying South Africa's steel industry is facing its "greatest sustained challenge," since the 2008 financial crisis, ArcelorMittal (MT) said it is "at a point where any further delay could affect ...
Industry challenges, including a surge in cheap steel imports from China and declining ... The closure underscores broader struggles within South Africa’s manufacturing sector, raising concerns ...
SEIFSA estimates that the closing of the ArcelorMittal long-steel works will lead to a staggering 293 754 direct and indirect job losses.
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