Steel production at the facility is set to halt by the end of January 2025, with the closure of remaining operations planned ...
Weak 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 ...
Networth Investments’ offer to buyout a controlling stake in beleaguered ArcelorMittal South Africa (AMSA) from its parent ...
ArcelorMittal South Africa's (Amsa) decision to mothball its long-steel operations at Newcastle Works, Vereeniging Works, and ...
Although ArcelorMittal has decided to close its long steel business, SEIFSA and government still want to save it to protect ...
Shunmugam added that many employees of Amsa considered Newcastle their home, and relocating to another town would be a ...
The first economic week of the year did not bring any good news for South Africa, with ArcelorMittal closing down.
ArcelorMittal South Africa Ltd. will close its business making long-steel products, after months of consultations with the ...
ArcelorMittal (NYSE:MT) said Monday it will wind down its long-steel products business in South Africa, following losses brought on by weak economic conditions, high logistic and energy costs ...
ArcelorMittal MT-0.72%decrease; red down pointing triangle South Africa is to wind down its long-steel products business affecting around 3,500 jobs, after weak economic conditions, high costs and ...
The steel giant has announced the closure of a large part of its operations in South Africa after setbacks like tough business conditions and cheap imports. Steel manufacturer ArcelorMittal this week ...