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 ...
Around 3,500 jobs will be affected after weak economic conditions, high costs and Chinese steel imports weighed on the ...
ArcelorMittal South Africa, a unit of steel manufacturing company ArcelorMittal (NYSE:MT) has made a major restructuring ...
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 ...
Shunmugam added that many employees of Amsa considered Newcastle their home, and relocating to another town would be a ...
ArcelorMittal South Africa's (Amsa) decision to mothball its long-steel operations at Newcastle Works, Vereeniging Works, and its rail and structural subsidiary Amras has ignited fierce debate over ...
Steel producer ArcelorMittal South Africa Ltd announced on Monday that it is shutting down its loss-making long steel busi ...
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 that makes long-steel products, potentially affecting about 3,500 jobs. (Bloomberg) — ArcelorMittal South Africa Ltd. will close its business ...