Weak domestic markets for long steel products have led MT's South Africa division to wind down its Longs business.

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

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

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

The closure of ArcelorMittal's longs steel business is a profound policy failure. To stop the cycle recurring again and again ...

There is a tidal wave of destruction that could ultimately cost 100 000 or more jobs in the steel and other industries and ...

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

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

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 ...

The first economic week of the year did not bring any good news for South Africa, with ArcelorMittal closing down.

ActionSA has expressed concerns with steel producer ArcelorMittal South Africa’s decision to wind down its long-products ...

The closure of ArcelorMittal’s steel plants is a stark reminder of the consequences of inadequate policymaking and government ...