The National Union of Metalworkers of South Africa (NUMSA) will be picketing at the offices of the Industrial Development ...

ArcelorMittal downgraded toNeutral at Morgan Stanley, saying the run-up in the stock is out of sync with the earnings impact from any potential Ukraine rebuild.

ArcelorMittal South Africa said on Thursday it will delay the closure of its long-steel plant operations by a month, as the ...

Kepler Capital analyst Boris Bourdet maintained a Buy rating on ArcelorMittal (0RP9 – Research Report) on February 3 and set a price target of €40.00. The company’s shares closed last Monday ...

JOHANNESBURG - ArcelorMittal is pushing forward with shutting down its long-steel plants. This is despite government discussions about a R1 billion rescue package. The company blames the shutdown on ...

Billionaire-backed ArcelorMittal South Africa’s (AMSA's) plans to shut down a century-old steel mill in South Africa are holding President Cyril Ramaphosa’s dream of fostering a $257-billion ...

ArcelorMittal South Africa (AMSA) on Monday said it was forecasting headline earnings per share to decline to a loss within a range R4.50 and R4.66 loss per share for the year ended 31 December ...

In South Africa, the interest rates decisions are taken by the South African Reserve Bank’s Monetary Policy Committee (MPC). The official interest rate is the repo rate. This is the rate at ...

1 Day ACL 1.60% DJIA 0.38% S&P Mid Cap 400 1.15% Basic Materials/Resources 0.60% ...

A worker was killed in a freak accident whilst apparently asleep in an area he was not supposed to be in at ArcelorMittal SA’s Vanderbijlpark Works over the weekend. The worker’s name had not ...

government and industry sources have confirmed that negotiations are advancing regarding a significant R1 billion rescue package for ArcelorMittal South Africa (AMSA). This initiative, which ...

Yekepa, Nimba County—Kleber Silva, ArcelorMittal’s Global Executive Vice President and CEO of Mining has declared 2025 as “the year of Liberia” as the company accelerates its expansion efforts. During ...