ArcelorMittal (SA) has made a final decision on mothballing its long-steel operations at its Newcastle Works, Vereeniging Works, and the rail and structural subsidiary, AMRAS. The announcement ...

JOHANNESBURG, Jan 6 (Reuters) - Steel producer ArcelorMittal South Africa's (ACLJ.J), opens new tab shares fell more than 15% on Monday after the company said it would proceed with the closure of ...

Although ArcelorMittal has decided to close its long steel business, SEIFSA and government still want to save it to protect jobs and the industry. There are concerns that ArcelorMittal’s ...

Carmakers in South Africa are imploring the local unit of ArcelorMittal SA and the country’s trade minister to work together to delay the planned closure of steel mills this month. Associations ...

ArcelorMittal South Africa Ltd. on Jan. 6 said it would close facilities that produce so-called long-steel products in the towns of Newcastle and Vereeniging and a rail-fabrication facility in ...

(Bloomberg) -- Billionaire-backed ArcelorMittal SA’s plans to shut down a century-old steel mill in South Africa are holding President Cyril Ramaphosa’s dream of fostering a $257 billion ...

Johannesburg, Jan 6 (PTI) ArcelorMittal South Africa Limited (AMSA), the local subsidiary of Indian-born British steel magnate Lakshmi Mittal, will cease operations at its long steel plants in the ...

SEIFSA estimates that the closing of the ArcelorMittal long-steel works will lead to a staggering 293 754 direct and indirect job losses. ArcelorMittal South Africa will wind down its long-steel ...