Solidarity welcomes the announcement that ArcelorMittal South Africa (AMSA) decided to defer the planned closure of its long ...

The Industrial Development Corporation (IDC) is seeking to increase its stake in primary steel producer ArcelorMittal South Africa (Amsa), after injecting a R1.683bn to delay the wind down of Amsa's ...

Steel group ArcelorMittal South Africa (AMSA) has confirmed that the Industrial Development Corporation (IDC) is considering ...

This also means that ArcelorMittal will not shed 3 500 jobs anymore and that downstream jobs will also be saved.

ArcelorMittal South Africa secures a R1.68bn loan, delaying steel mill closures and saving 3,500 jobs. The government pledges ...

TORONTO, ON / ACCESS Newswire / April 1, 2025 / Black Iron Inc. ("Black Iron" or the "Company") is please to announce the appointment of Stephen Woodhead as Chief Financial Officer of the Company, ...

The chief of ArcelorMittal SA’s South African unit said its second-biggest shareholder, the Industrial Development Corp., is ...

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

The closure of ArcelorMittal SA's long steel plants in Vereeniging and Newcastle has been halted for at least six months, with a R1.9 billion loan and another R400 million salary package from the ...

(Bloomberg) -- ArcelorMittal SA’s South African unit will postpone the planned closure of two key steel mills by six months after a local state development-finance institution agreed to provide a ...

ArcelorMittal South Africa will defer the closure of its loss-making long steel plants to August 31 after getting a 1.683 ...

ArcelorMittal South Africa secures a six-month deferral for its Long Steel Business, promising job retention and urging ...