Tag: ArcelorMittal

ArcelorMittal ceases production at Newcastle, still no rescue in sight

Has spent the R1.683bn facility provided by the IDC intended to delay…

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ArcelorMittal narrows loss, warns of persistent headwinds

Top priorities for the government are boosting local steel demand and sharply…

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ArcelorMittal hauls Transnet to Competition Tribunal for market abuse

Comes at a time when the logistics operator is undergoing major reforms…

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Tariff lifeline for ArcelorMittal means higher prices for customers

‘Safeguard’ duties of 13% were imposed at the start of May to…

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ArcelorMittal SA’s perfect storm of woes

Surging electricity and transport costs, cheap imports, and state subsidies for competitors…

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IDC saves ArcelorMittal days before furnaces switched off

This also means that ArcelorMittal will not shed 3 500 jobs anymore…

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Almighty scrap breaks out between steel rivals as ArcelorMittal winds down

Mini mill operators say they are ready to take on the slack…

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Government still talking to ArcelorMittal while Seifsa identifies challenges

Seifsa is worried that more businesses can go the way of ArcelorMittal…

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Devastating consequences of ArcelorMittal closing

Government policies worsened the decline of the steel industry and distorted the…

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ArcelorMittal long steel business closing for good due to policy inaction

ArcelorMittal’s decision is expected to have a devastating impact on the towns…

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