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 on ...

Newcastle communities have raised major concern about the possible closure of ArcelorMittal South Africa (Amsa) and its long steel business, putting close to 4 000 jobs on the line. This follows Amsa ...

JOHANNESBURG - Steel making giant ArcelorMittal South Africa will keep operations going, for now. The planned wind-down of the troubled division has been postponed until the 31st of August. This is ...

The South African government is engaged in crisis negotiations with ArcelorMittal (NYSE:MT) regarding the future of the company's unprofitable steel mill in the country, Bloomberg reported Wednesday.

South Africa is nearing a deal to provide funding to ArcelorMittal's (NYSE:MT) local unit and ensure its steel mills - which are crucial for the country's economy - remain open, Bloomberg reported ...

The 140 meter tall stacks and 70 meter tall Coke Ovens at Arcelor Mittal Newcastle. [Photo by Viresh Mahabeer / CC BY-SA 4.0] ArcelorMittal South Africa (AMSA), one of the continent’s largest steel ...

ArcelorMittal SA’s talks to sell its local unit to South Africa’s state-owned Industrial Development Corp. are being held up by differences over the entity’s valuation, according to people familiar ...

South African officials are working to prevent the closure of some steel mills operated by the local unit of ArcelorMittal SA this month, Trade Minister Parks Tau said, adding he is hopeful about ...