(Reuters) -ArcelorMittal South Africa will defer the closure of its loss-making long steel plants to August 31 after getting ...
Neasa has condemned ArcelorMittal's R1. 68 billion bailout, labelling it a mere delay of the inevitable closure of its Long ...
The chief of ArcelorMittal SA’s South African unit said its second-biggest shareholder, the Industrial Development Corp., is ...
ArcelorMittal South Africa has postponed the planned closure of its long steel operations to August 31, following a $91.5 ...
ArcelorMittal South Africa announces a six-month deferral of the wind down of its Long Steel Business, bringing hope to the Newcastle community and preserving thousands of jobs ...
ArcelorMittal South Africa secures a R1.68bn loan, delaying steel mill closures and saving 3,500 jobs. The government pledges ...
This also means that ArcelorMittal will not shed 3 500 jobs anymore and that downstream jobs will also be saved.
Facing financial turmoil, ArcelorMittal South Africa hopes the ITAC's tariff review will provide crucial support for the ...
A South African state development-finance institution is considering taking a majority stake in the local unit of ...
ArcelorMittal South Africa has postponed the closure of its struggling long steel plants to August 31 following a 1.683 ...
The South African Government plans to allocate R500m ($27.6m) to cover steelworker salaries for six to eight months.
ArcelorMittal South Africa has received a R1.7 billion bailout from the state-owned Industrial Development Corporation ...