The effect of this latest development will reverberate throughout the economy and the continent, impacting the auto, motor, ...

Goldman Sachs analyst Matt Greene maintained a Hold rating on ArcelorMittal (MT – Research Report) on January 9 and set a price target of ...

Although ArcelorMittal has decided to close its long steel business, SEIFSA and government still want to save it to protect ...

Deutsche Bank analyst Bastian Synagowitz raised the firm’s price target on ArcelorMittal (MT) to EUR 30 from EUR 29 and keeps a Buy rating on ...

ArcelorMittal South Africa's (Amsa) decision to mothball its long-steel operations at Newcastle Works, Vereeniging Works, and ...

Steel producer ArcelorMittal South Africa's shares fell more than 15% on Monday after the company said it would proceed with ...

Key Insights Significant control over ArcelorMittal by private companies implies that the general public has more ...

Around 3,500 jobs will be affected after weak economic conditions, high costs and Chinese steel imports weighed on the ...

ArcelorMittal South Africa, a unit of steel manufacturing company ArcelorMittal (NYSE:MT) has made a major restructuring ...

The IDC, which has a 6% stake in Amsa, last year endowed the struggling steel manufacturer with R1 billion to forestall the ...

Networth Investments’ offer to buyout a controlling stake in beleaguered ArcelorMittal South Africa (AMSA) from its parent ...

ArcelorMittal South Africa plans to now transition the long-steel business into care and maintenance. Steel production is expected to cease by late January, with the wind-down of the remaining ...