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 ...

ArcelorMittal South Africa, a unit of steel manufacturing company ArcelorMittal (NYSE:MT) has made a major restructuring ...

Steel producer ArcelorMittal South Africa's shares fell more than 15% on Monday after the company said it would proceed with ...

Steel production at the facility is set to halt by the end of January 2025, with the closure of remaining operations planned ...

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 ...

Weak domestic markets for long steel products have led MT's South Africa division to wind down its Longs business.

Networth Investments’ offer to buyout a controlling stake in beleaguered ArcelorMittal South Africa (AMSA) from its parent ...

Employment and Labour Minister Nomakhosazana Meth has reaffirmed her department's dedication to preventing job losses at ...

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 ...

ArcelorMittal to wind down Longs Business, affecting 3,500 jobs. ArcelorMittal South Africa forecasts significant loss in earnings for 2024. Get the Real Story Behind Every Major Earnings Report ...