A core supplier of speciality steel, AMSA has been central to automotive manufacturing, providing high-grade materials ...
Carmakers in South Africa are imploring the local unit of ArcelorMittal SA and the country’s trade minister to work together ...
Employment and Labour Minister Nomakhosazana Meth has reaffirmed her department's dedication to preventing job losses at ...
Employment and Labour Minister Nomakhosazana Meth, has reaffirmed her department’s commitment to exploring all possible interventions to prevent job losses at ArcelorMittal, one of South Africa’s ...
Steel producer ArcelorMittal South Africa's shares fell more than 15% on Monday after the company said it would proceed with ...
South African officials are working to prevent the closure of some steel mills operated by the local unit of ArcelorMittal SA this month, Trade Minister Parks Tau said, adding he is hopeful about ...
ArcelorMittal to close long-steel business in South Africa, citing losses from economic conditions, high costs and Chinese ...
ArcelorMittal South Africa, a unit of steel manufacturing company ArcelorMittal (NYSE:MT) has made a major restructuring ...
Networth Investments’ offer to buyout a controlling stake in beleaguered ArcelorMittal South Africa (AMSA) from its parent ...
Newcastle Business Chamber and the Association of South African Chambers say job losses devastating to economy.
The economic value of local steel production is significant. According to InvestSA, every 1,000 tons of steel produced in South Africa adds R9.2 million to GDP. This production supports six jobs ...
Steel production at the facility is set to halt by the end of January 2025, with the closure of remaining operations planned ...