Meanwhile, steel prices in Africa remain significantly higher, with South African manufacturers paying between $850 and $1,200 per ton due to import tariffs, shipping costs, and inefficiencies in ...

(Bloomberg) -- ArcelorMittal SA’s South African unit will postpone the planned closure of two key steel mills by six ... will enable ArcelorMittal South Africa Ltd. to defer the winddown of ...

South Africa, facing the prospect of ArcelorMittal SA closing two steel mills crucial to the local manufacturing industry, has begun a review of import tariffs on the metals and is proposing other ...

South Africa, facing the prospect of ArcelorMittal South Africa (AMSA) closing two steel mills crucial to the local manufacturing industry, has begun a review of import tariffs on the metals and ...

Last year, South Africa’s steel production output by producers using traditional coal-fired blast furnaces produced 2.59 million tonnes of steel, while the so-called mini-mills, where steel is made ...

ArcelorMittal South Africa (ACLJ.J), opens new tab said on Wednesday it is in talks with the government and other parties for funding that could delay the planned closure of its long steel operations.

ArcelorMittal (NYSE:MT) said Monday it will defer the closure of its loss-making South African long steel plants by at least six months to August 31 after obtaining a 1.683B rand (~$91.5M ...

ArcelorMittal South Africa (AMSA) is still proceeding with the closure of its Longs Steel business despite talks of a R3 billion bailout. In February 2025, the company’s management commenced the ...

With one exception. The Trump administration has thrown open the doors to white Afrikaners from South Africa, establishing a program called “Mission South Africa” to help them come to the ...

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ArcelorMittal South Africa Ltd. is seeking a R3.1 billion rescue package to stave off the closure of crucial steel mills in the country, Sunday Times reported. The funds from Industrial ...