ArcelorMittal South Africa will defer the closure of its loss-making long steel plants to August 31 after getting a 1.683 billion rand ($91.50 million) injection from the state-owned Industrial ...

The IDC 'has indicated that they have a desire to look at an increased shareholding and a due-diligence period has been ...

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

ArcelorMittal South Africa secures a 1. 683 billion rand bailout from the IDC, delaying the closure of its long steel plants ...

(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 ...

The mining industry in KwaZulu-Natal is in crisis, with significant job losses and limited new opportunities, prompting fears ...

ArcelorMittal South Africa has secured a R1. 6 billion lifeline from the Industrial Development Corporation, postponing the ...

ArcelorMittal will defer the closure of its loss-making South African long steel plants by at least six months after obtaining a 1.683B rand infusion from Industrial Development Corporation.

Rahul Gandhi has written to Prime Minister Modi urging the cancellation of tenders permitting offshore mining along India's ...