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

A South African state development bank is considering taking a majority stake in the local unit of ArcelorMittal SA as it ...

South Africa is nearing a deal to provide funding to ArcelorMittal's (NYSE:MT) local unit and ensure its steel mills - which ...

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

ArcelorMittal’s South African unit will postpone the planned closure of two key steel mills by six months after a local state ...

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 ...

JSE-listed steel group ArcelorMittal South Africa (AMSA) has deferred the wind down of its long-steel business for at least ...

The South African government is close to securing a deal to support ArcelorMittal SA with R500 million to keep its steel ...

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

(Bloomberg) -- South Africa is nearing a deal to provide funding to ArcelorMittal SA’s local unit and ensure its steel mills, which are crucial for the nation’s economy, remain open ...

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

A South African state development-finance institution is considering taking a majority stake in the local unit of ArcelorMittal SA as it tries to halt the planned closure of two steel mills ...