Surging electricity and transport costs, cheap imports, and state subsidies for competitors threaten the steel producer’s ...

ArcelorMittal South Africa's chairman highlights the dire state of the domestic steel industry, calling for urgent government ...

South Africa’s automotive sector is under siege due to United States tariffs, an uncertain future in AGOA, and demands for ...

(Reuters) -ArcelorMittal South Africa will defer the closure of its loss-making long steel plants to August 31 after getting a 1.683 billion rand ($91.50 million) injection from the state-owned ...

the chief executive officer of ArcelorMittal South Africa Ltd. that’s known as Amsa, told reporters Tuesday. “They want to look a bit under the bonnet.” ...

Government bailout delays /closure of key steel mills by six months3,500 jobs saved as ArcelorMittal /suspends retrenchment plansSA pledges action o ...

ArcelorMittal South Africa has received a R1.7 billion bailout from the state-owned Industrial Development Corporation ...

ArcelorMittal (NYSE:MT) said Monday it will defer the closure of its loss-making South African long steel plants by at least six months to August 31 after obtaining a 1.683B rand (~$91.5M ...

JOHANNESBURG, Oct. 18, 2022 /PRNewswire/ -- Sasol and ArcelorMittal South Africa have announced a partnership to develop carbon capture technology to produce sustainable fuels and chemicals ...

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The decision by ArcelorMittal South Africa (Amsa) to wind down its long steel business in the face of cut-price imports from China has blown a R1.1 billion hole in its balance sheet, contributing ...