As ArcelorMittal considers closing its Newcastle plant, South Africa's steel industry stands resilient. Despite concerns, the ...
Amsa, while announcing their financials for 2024 in a briefing on Thursday, revealed that the longs business winding down has ...
On Thursday, Amsa announced a net loss of R5.8 billion for the year to December 2024, which includes impairments and costs ...
A trading update says the headline loss per share is expected to decline by between 165% and 174% for the year to December ...
The South African Communist Party has issued a four-day ultimatum to the Department of Trade, Industry, and Competition to intervene.
As the Cosatu, we are deeply concerned about the impending closure of the Newcastle furnace of ArcelorMittal (Amsa). This decision has far-reaching implications for the livelihoods of thousands of ...
CEO, Kobus Verster, and Employment and Labour Minister Nomakhosazana Meth has done little to quell fears of massive job losses in Newcastle and Vanderbijlpark.
As South African authorities are hard at work trying to source a R1-billion rescue package for ArcelorMittal South Africa ...
ArcelorMittal SA said it’s up to South Africa to keep crucial steel mills open and questioned the government’s industrial ...
Government officials are earmarking a R1 billion bailout for ArcelorMittal South Africa (AMSA) after it announced it would ...