LATEST NEWS FOR ArcelorMittal South Africa Ltd.  

Headquartered in Vanderbijlpark, Gauteng, ArcelorMittal South Africa is Africa's largest steel producer with an annual production capacity of 6.1 million tonnes of liquid steel; approximately 5.1 million tonnes of saleable steel products. In 2018 we ... [more info]

ArcelorMittal SA does U-turn on closure of Newcastle operations

7 Feb 2020 /  Roy Cokayne   4
For 'social' reasons.

ArcelorMittal ly R3.3 miljard verlies

6 Feb 2020 /  Ryk van Niekerk  
Kobus Verster – uitvoerende hoof, ArcelorMittal

SAA cuts domestic flight routes to one

6 Feb 2020 /  Tebogo Tshwane    32
As of February 29, a large number of domestic and international routes will be closed, as SAA positions itself for a more profitable future.

ArcelorMittal sees rosier steel outlook

6 Feb 2020 /  Elena Mazneva, Bloomberg  
Limited virus impact.

West Coast region hard-hit by Saldanha Steel closure

12 Nov 2019 /  Neesa Moodley   17
Close to 1 000 jobs to be lost.

ArcelorMittal to shut down Saldanha bay operation

11 Nov 2019 /  Moneyweb  
Peter Major – Director of Mining, Mergence corporate solutions

ArcelorMittal trims forecast for steel demand

7 Nov 2019 /  Elena Mazneva, Bloomberg    1
Share surges most in two years.

ArcelorMittal to review Canada, Brazil iron assets

27 Sep 2019 /  Dinesh Nair, Thomas Biesheuvel and Vinicy Chan, Bloomberg  
The company is seeking to cut debt by divesting non-core businesses.

ArcelorMittal to explore sale of construction business

11 Sep 2019 /  Aaron Kirchfeld, Dinesh Nair and Elena Mazneva, Bloomberg   
The business could fetch over 700m euros, sources say.

ArcelorMittal sees HY loss of R638m on lower steel prices

1 Aug 2019 /  Moneyweb  
Domestic consumption being at a 10 year low is one of its biggest challenges.

ArcelorMittal South Africa to buy steel manufacturer

1 Aug 2019 /  Tanisha Heiberg, Reuters  
Swings into H1 loss.

ArcelorMittal cuts steel demand outlook on weak Europe

1 Aug 2019 /  Philip Blenkinsop, Reuters  
Lean automotive market weighs.

How the JSE has changed in 10 years

26 Jul 2019 /  Patrick Cairns   14
It's been quite a ride.

Lesetja Kganyago heads up Sarb again

10 Jul 2019 /  Moneyweb  
'This is a very good decision' - David Shapiro.

ArcelorMittal to cut more than 2 000 jobs, shares drop

10 Jul 2019 /  Emma Rumney, Reuters   1
The company employed around 8 850 people in 2018.

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