Monday brought more bad news from ArcelorMittal SA (Amsa) just as it starts the process of shutting down its Newcastle and Vereeniging steel plants, which have been hit by low-cost imports from China.

JOHANNESBURG - ArcelorMittal is pushing forward with shutting down its long-steel plants. This is despite government discussions about a R1 billion rescue package. The company blames the shutdown ...

JOHANNESBURG - AracelorMittal is pushing forward with shutting down its long-steel plants. This is despite government discussions of a R1-billion rescue package. The company blames the shutdown on ...