News

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 ...
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 ...
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 Industrial ...
ArcelorMittal South Africa (Amsa) will defer the closure of its loss-making Long Steel plant to August 31 after getting a R1.68 billion injection from the state-owned Industrial Development ...
South Africa’s automotive sector is under siege due to United States tariffs, an uncertain future in AGOA, and demands for ...
ArcelorMittal South Africa has announced that it will delay the closure of the long-steel plants in its loss-making state until August 31, after receiving a $191.50-million injection from the ...
ArcelorMittal South Africa has received a R1.7 billion bailout from the state-owned Industrial Development Corporation ...
Industry organisation the Electric Steel Producers of South Africa says a financial bailout of the long steel operations of troubled steelmaker ArcelorMittal South Africa (AMSA) will further distort ...
the chief executive officer of ArcelorMittal South Africa that’s known as Amsa, told reporters Tuesday. “They want to look a bit under the bonnet.” Read: IDC weighs taking control of ...