ArcelorMittal MT-1.50 % decrease; red down pointing triangle South Africa is to wind down its long-steel products business affecting around 3,500 jobs, after weak economic conditions, high costs ...

ArcelorMittal South Africa reported a wider 5.1 billion headline loss in 2024, from 1.89 billion rand the year before. ($1=18.4996 rand) (Reporting by Nelson Banya; Editing by David Evans and ...

ArcelorMittal (NYSE:MT) said Monday it will wind down its long-steel products business in South Africa, following losses brought on by weak economic conditions, high logistic and energy costs, and ...

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, a unit of steel manufacturing company ArcelorMittal (NYSE:MT) has made a major restructuring decision to wind down its Longs Business, having significant consequences ...

Comes at a time when the logistics operator is undergoing major reforms to allow private operators access to ports and rail.

ArcelorMittal South Africa Full Year 2024 ResultsKey Financial Results. Revenue: R38.6b (down 7.3% from FY 2023). Net loss: R5.84b (loss widened by 49% from FY 2023). R5.24 loss per share (further ...

Exploring the paradox of South Africa's Price Preference System, this article examines how well-intentioned policies have led ...

The White House hosted an “African leaders” summit of sorts this week. But only five countries from the continent of more ...

A potential deadlock over pay increases for South Africa’s automotive sector workers risks shutting down an industry that ...

ArcelorMittal South Africa Ltd. ArcelorMittal South Africa Ltd ARCXF. Stock PINX Rating as of Jun 20, 2025. Download PDF. Summary; Chart; News; Price vs Fair Value; Sustainability; Trailing Returns; ...