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ArcelorMittal South Africa has entered into discussions to delay the closure of a long-running steel plant

Posted to Maritime Reporter on March 19, 2025

ArcelorMittal South Africa announced on Wednesday that it was in discussions with the government and others parties about funding to delay the planned closing of its long-stack steel operation. After discussions with the government, the steelmaker…

ArcelorMittal S. Africa reports larger loss and hopes for a reduction in interest rates

Posted to Maritime Reporter on August 1, 2024

ArcelorMittal South Africa announced on Thursday that it hopes for a reduction in interest rates during the second part of the year, after its losses increased due to weakened demand. The company lost 1.11 billion Rand ($60 million), compared…

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ArcelorMittal South Africa has entered into discussions to delay the closure of a long-running steel plant

ArcelorMittal S. Africa reports larger loss and hopes for a reduction in interest rates

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