Networth Investments’ offer to buyout a controlling stake in beleaguered ArcelorMittal South Africa (AMSA) from its parent ...
Around 3,500 jobs will be affected after weak economic conditions, high costs and Chinese steel imports weighed on the ...
Shunmugam added that many employees of Amsa considered Newcastle their home, and relocating to another town would be a ...
ArcelorMittal South Africa announced this week that it is to close its Longs (steel) operations in Newcastle and Vereeniging ...
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 ...
SEIFSA estimated that the ArcelorMittal closure will cause a staggering 293 754 direct and indirect job losses and not only ...
ArcelorMittal South Africa Ltd. will close its business making long-steel products, after months of consultations with the ...
The Department of Trade, Industry and Competition (the dtic) said on Wednesday it noted with serious concern the announcement ...
The company said steel production will likely cease by the end of the month and it has yet to determine the final number of ...
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 ...