Some ArcelorMittal South Africa businesses are still facing challenges, as negotiations failed to prevent the closure of long steel operations, which are loss-making for the company. Among the main ...

(Reuters) -South Africa's Assmang is weighing the closure of its Beeshoek iron ore mine after failing to secure a contract to supply its sole customer, the ailing steel producer ArcelorMittal South ...

ArcelorMittal (MT) +3.6% pre-market Thursday after its South African unit said it was in advanced talks with state-owned Industrial Development Corporation that could lead to the potential acquisition ...

South Africa's Industrial Development Corp. is working with financial advisors on a possible ~8.5 billion rand ($491 million) offer for control of ArcelorMittal’s (NYSE:MT) business in the country, ...

ArcelorMittal (‘the company’ or ‘the group’) today announces the appointment of Everton Negresiolo as CEO of its South American Long Products and mining business and a member of the group management ...

The 140 meter tall stacks and 70 meter tall Coke Ovens at Arcelor Mittal Newcastle. [Photo by Viresh Mahabeer / CC BY-SA 4.0] ArcelorMittal South Africa (AMSA), one of the continent’s largest steel ...

Regulator says it does not dictate electricity charges Steelmaker must re-apply for favourable terms with Eskom ArcelorMittal closing down plants partly due to high power costs Sept 5 (Reuters) - ...

The world's second-largest steelmaker, ArcelorMittal, announced Tuesday it would shutter part of its steel business in South Africa, which one union said would result in the loss of around 4,000 jobs.

South Africa is losing market share in neighboring countries because of a lack of support for local manufacturing, ceramics manufacturer and retailer Italtile Ltd. said. “An onerous regulatory ...