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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 ...

SEIFSA estimates that the closing of the ArcelorMittal long-steel works will lead to a staggering 293 754 direct and indirect job losses. ArcelorMittal South Africa will wind down its long-steel ...

ArcelorMittal South Africa (Amsa), which announced the winding up of its long-steel business on Monday, will now refocus its efforts on its flat-steel business and new opportunities such as the ...

ArcelorMittal said the country’s steel industry is facing its “greatest sustained challenge” since the 2008 financial crisis. Deteriorating markets and cheap imports, particularly from China ...

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Credit: Andrei Armiagov/Shutterstock. ArcelorMittal South Africa has announced the closure of its long steel products division, a move that is expected to affect approximately 3,500 jobs, both ...