South Africa Coal, Metal Exporters to Spend Billions on Rail
South African coal and iron-ore exporters aim to sign agreements with state-owned logistics company Transnet SOC Ltd. next ...
Independent Online6d
ArcelorMittal’s potential R1bn rescue package aims to save South Africa’s steel operations
In a move that could stave off a looming crisis in South Africa's steel sector, government and industry sources have confirmed that negotiations are advancing regarding a significant R1 billion ...
The Financial Times11d
South Africa in emergency talks to save ‘critical’ steel plants
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. South Africa is in emergency talks with ArcelorMittal to avert the shutdown of its two biggest steel mills ...
Engineering News18d
The cornerstone of South Africa’s steel industry under threat
In 2013, the Department of Trade, Industry and Competition (DTIC) acknowledged AMSA’s dominance in South Africa’s steel market. At that time, AMSA’s pricing strategies based on import parity ...
GlobalData on MSN8d
South Africa coal and metal exporters to invest billions in rail improvements
South African coal and iron ore exporters are preparing to sign agreements with state-owned logistics company Transnet SOC ...
Wall Street Journal29d
ArcelorMittal South Africa to Wind Down Long-Steel Products Business
ArcelorMittal MT-1.04%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 ...
Mining Weekly5d
A silver lining for South Africa’s ferroalloys sector
South Africa is on the cusp of reviving its ferroalloys industry, but its progress depends on several reforms, including affordable electricity and fixing the country's logistics bottlenecks. Speaking ...
Financial Post29d
ArcelorMittal to Close Long-Steel Works in South Africa
(Bloomberg) — ArcelorMittal South Africa Ltd. will close its business making long-steel products, after months of consultations with the government failed to stave off the threat to thousands of jobs.
Reuters29d
ArcelorMittal South Africa to close plant, shares plummet
JOHANNESBURG, Jan 6 (Reuters) - Steel producer ArcelorMittal South Africa's (ACLJ.J), opens new tab shares fell more than 15% on Monday after the company said it would proceed with the closure of ...
Mint28d
ArcelorMittal’s South African subsidiary to shut down long steel plants
Johannesburg, Jan 6 (PTI) ArcelorMittal South Africa Limited (AMSA), the local subsidiary of Indian-born British steel magnate Lakshmi Mittal, will cease operations at its long steel plants in the ...
Reuters5d
Congo losses expose limit of South Africa's diplomatic ambitions
JOHANNESBURG, Jan 30 (Reuters) - South Africa often uses its diplomatic heft to position itself as defender of the "global south" on the world stage, but the deaths of 13 of its soldiers in ...