The South African Government plans to allocate R500m ($27.6m) to cover steelworker salaries for six to eight months.

ArcelorMittal South Africa said on Wednesday it is in talks with the government and other parties for funding that could ...

South Africa is nearing a deal to provide funding to ArcelorMittal's (NYSE:MT) local unit and ensure its steel mills - which ...

South Africa is nearing a deal to provide funding to ArcelorMittal SA’s local unit and ensure its steel mills, which are ...

ArcelorMittal South Africa Ltd. is seeking a 3.1 billion-rand ($170 million) rescue package to stave off the closure of ...

The South African government is close to securing a deal to support ArcelorMittal SA with R500 million to keep its steel ...

AMSA received R380 million in February 2025, this is in addition to the R1 billion working capital facility extended by the IDC in June 2024.

South Africa is nearing a deal to provide funding to ArcelorMittal SA’s local unit and keep the steel mills open, which are ...

South Africa, facing the prospect of ArcelorMittal South Africa (AMSA) closing two steel mills crucial to the local ...

ArcelorMittal South Africa (AMSA) said on Wednesday it is in talks with the government and other parties for funding that ...

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The government, working through the state’s trade department and the IDC, also wants ArcelorMittal South Africa, known as ...