The Industrial Development Corporation (IDC) is seeking to increase its stake in primary steel producer ArcelorMittal South Africa (Amsa), after injecting a R1.683bn to delay the wind down of Amsa's ...

ArcelorMittal South Africa will defer the closure of its loss-making long steel plants to August 31 after getting a 1.683 billion rand ($91.50 million) injection from the state-owned Industrial ...

The IDC 'has indicated that they have a desire to look at an increased shareholding and a due-diligence period has been ...

ArcelorMittal South Africa secures a R1.68bn loan, delaying steel mill closures and saving 3,500 jobs. The government pledges ...

(Bloomberg) -- ArcelorMittal SA’s South African unit will postpone the planned closure of two key steel mills by six months after a local state development-finance institution agreed to provide a ...

ArcelorMittal South Africa secures a 1. 683 billion rand bailout from the IDC, delaying the closure of its long steel plants ...

ArcelorMittal South Africa has secured a R1. 6 billion lifeline from the Industrial Development Corporation, postponing the ...

ArcelorMittal’s South African unit will postpone the planned closure of two key steel mills by six months after a local state ...

JSE-listed steel group ArcelorMittal South Africa (AMSA) has deferred the wind down of its long-steel business for at least ...

ArcelorMittal will defer the closure of its loss-making South African long steel plants by at least six months after obtaining a 1.683B rand infusion from Industrial Development Corporation.

Mobile County was by far the biggest winner in 2024 with the promise of 2,553 new jobs, according to the report. “We were not ...

By processing scrap at its own facilities, AM/NS India hopes to enhance material quality and yield while reducing conversion ...