The effect of this latest development will reverberate throughout the economy and the continent, impacting the auto, motor, ...

Around 3,500 jobs will be affected after weak economic conditions, high costs and Chinese steel imports weighed on the ...

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

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

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 ...

Shunmugam added that many employees of Amsa considered Newcastle their home, and relocating to another town would be a ...

The company said steel production will likely cease by the end of the month and it has yet to determine the final number of ...

Steel producer ArcelorMittal South Africa Ltd announced on Monday that it is shutting down its loss-making long steel busi ...

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, a unit of Luxembourg-based ArcelorMittal, is to wind down its long-steel business, ...

ArcelorMittal MT-0.72%decrease; red down pointing triangle South Africa is to wind down its long-steel products business affecting around 3,500 jobs, after weak economic conditions, high costs and ...