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 ...
In a report released on January 8, Boris Bourdet from Kepler Capital maintained a Buy rating on ArcelorMittal (0RP9 – Research Report), with a ...
On Wednesday, ArcelorMittal SA (MT) stock saw a decline, ending the day at $21.82 which represents a decrease of $-0.13 or -0.59% from the prior close of $21.95. The stock opened at $21.75 and touched ...
As ArcelorMittal SA pulls the plug on its long steel business after a year of talks yielded no results, government said it ...
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 ...
Shunmugam added that many employees of Amsa considered Newcastle their home, and relocating to another town would be a ...
Around 3,500 jobs will be affected after weak economic conditions, high costs and Chinese steel imports weighed on the ...
The IDC, which has a 6% stake in Amsa, last year endowed the struggling steel manufacturer with R1 billion to forestall the ...
ArcelorMittal South Africa Ltd. will close its business making long-steel products, after months of consultations with the ...
Steel production at the facility is set to halt by the end of January 2025, with the closure of remaining operations planned ...
Networth Investments’ offer to buyout a controlling stake in beleaguered ArcelorMittal South Africa (AMSA) from its parent ...