Mining Equipment Manufacturers of South Africa (MEMSA) expresses deep concern over the recent closures of ArcelorMittal steel plants, highlighting critical challenges in South Africa’s manufacturing ...
Around 3,500 jobs will be affected after weak economic conditions, high costs and Chinese steel imports weighed on the ...
Steel production at the facility is set to halt by the end of January 2025, with the closure of remaining operations planned ...
Steel producer ArcelorMittal South Africa's shares fell more than 15% on Monday after the company said it would proceed with ...
Networth Investments’ offer to buyout a controlling stake in beleaguered ArcelorMittal South Africa (AMSA) from its parent ...
ArcelorMittal South Africa, a unit of steel manufacturing company ArcelorMittal (NYSE:MT) has made a major restructuring ...
Numsa general secretary, Irvin Jim, said that as the union they will fight these proposed retrenchments because it was their ...
ArcelorMittal South Africa Ltd. will close its business making long-steel products, after months of consultations with the ...
Weak domestic markets for long steel products have led MT's South Africa division to wind down its Longs business.
Johannesburg, Jan 6 (PTI) ArcelorMittal South Africa Limited (AMSA), the local subsidiary of Indian-born British steel ...
ArcelorMittal to close long-steel business in South Africa, citing losses from economic conditions, high costs and Chinese ...
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 ...