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

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

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

ArcelorMittal to close long-steel business in South Africa, citing losses from economic conditions, high costs and Chinese ...

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

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

ArcelorMittal South Africa Ltd. will close its business making long-steel products, after months of consultations with the ...

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

Numsa general secretary, Irvin Jim, said that as the union they will fight these proposed retrenchments because it was their ...

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

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

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 ...