This also means that ArcelorMittal will not shed 3 500 jobs anymore and that downstream jobs will also be saved. The Industrial Development Corporation of SA (IDC) saved ArcelorMittal’s long ...

The Industrial Development Corporation (IDC) wants to increase its stake in primary steel producer ArcelorMittal SA (Amsa), after injecting R1.683bn to delay the wind-down of Amsa's long-steel ...

ArcelorMittal’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 R1.683 billion ...

In a major move, one of India’s telecom giants, Bharti Airtel, has landed the 2Africa Pearls cable in India. Joining hands with Center3 and Meta, Sunil Mittal’s company is the landing partner ...

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