Steel producer ArcelorMittal South Africa's shares fell more than 15% on Monday after the company said it would proceed with ...
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ArcelorMittal South Africa to shut down long steel productionSteel production at the facility is set to halt by the end of January 2025, with the closure of remaining operations planned ...
Around 3,500 jobs will be affected after weak economic conditions, high costs and Chinese steel imports weighed on the ...
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ArcelorMittal South Africa Decides on Winding Down Longs BusinessWeak domestic markets for long steel products have led MT's South Africa division to wind down its Longs business.
ArcelorMittal to close long-steel business in South Africa, citing losses from economic conditions, high costs and Chinese ...
ArcelorMittal South Africa, a unit of steel manufacturing company ArcelorMittal (NYSE:MT) has made a major restructuring ...
Networth Investments’ offer to buyout a controlling stake in beleaguered ArcelorMittal South Africa (AMSA) from its parent ...
Shunmugam added that many employees of Amsa considered Newcastle their home, and relocating to another town would be a ...
The effect of this latest development will reverberate throughout the economy and the continent, impacting the auto, motor, ...
ArcelorMittal to wind down Longs Business, affecting 3,500 jobs. ArcelorMittal South Africa forecasts significant loss in earnings for 2024. Discover Fast-Growing Stocks Every Month Production at ...
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Steel producer ArcelorMittal South Africa Ltd announced on Monday that it is shutting down its loss-making long steel busi ...
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