ArcelorMittal South Africa last year shut a steel mill, citing competition from so-called mini-mills that use scrap metal as ...
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's (MT) exclusive talks with South Africa’s biggest development finance institution regarding its potential sale of its local steel operation have ended without a deal, leaving the ...
Steelmaker ArcelorMittal's talks to sell its South African unit to state-owned Industrial Development Corporation have stalled over valuation differences, Bloomberg News reported on Thursday, citing ...
The government, working through the state’s trade department and the IDC, also wants ArcelorMittal South Africa, known as ...
ArcelorMittal SA’s talks to sell its local unit to South Africa’s state-owned Industrial Development Corp. are being held up by differences over the entity’s valuation, according to people familiar ...
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Steel sector struggles amid policy tensions
The trade regulator says South Africa’s steel industry needs stronger demand rather than growing policy battles.
ArcelorMittal denies recruitment claims in Newcastle and urges the public to verify information through official channels ...
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) - ...
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