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ArcelorMittal MT-2.14%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 ...
Feb 8 (Reuters) - ArcelorMittal South Africa (ACLJ.J), opens new tab said on Thursday it would defer the closure of its long steel business by six months as the steelmaker pursues various ...
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ArcelorMittal South Africa to shut down long steel productionArcelorMittal South Africa has announced the closure of its long steel products division, a move that is expected to affect approximately 3,500 jobs, both directly and indirectly. The decision ...
ArcelorMittal South Africa Ltd. will shut its long steel products business and cut as many as 3,500 jobs, dealing another blow to the continent’s third-biggest economy. South Africa’s failing ...
(Reuters) - ArcelorMittal South Africa will cease long steel production by April this year after discussions with the government failed to avert the plant's closure, the company said on Friday.
The South African unit of the world's No.2 steelmaker ArcelorMittal (MT.LU), opens new tab announced the plan on Nov. 28, blaming weak demand and persistent infrastructure problems in Africa's ...
ArcelorMittal South Africa, a unit of steel manufacturing company ArcelorMittal (NYSE:MT) has made a major restructuring decision to wind down its Longs Business, having significant consequences ...
The announced closure of ArcelorMittal South Africa (AMSA), long steel production from the Newcastle blast furnace could significantly impact the South African automotive sector, a cornerstone of ...
ArcelorMittal (NYSE:MT) said Monday it will defer the closure of its loss-making South African long steel plants by at least six months to August 31 after obtaining a 1.683B rand (~$91.5M ...
ArcelorMittal South Africa (Amsa), the largest steel producer in Africa, has once again disagreed with calls to remove trade protectionism measures in the steel industry to boost economic growth ...
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