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 closure of its struggling long steel operations until August. The bailout ...

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

Operator of blast furnace/basic oxygen furnace mill in England has started to consult on proposed closure of its steelmaking ...

Hyundai Motor Group plans to invest $5.8 billion to build a new steel mill in the south, which continues to add more ...

The Industrial Development Corp., which already holds 8.2% of ArcelorMittal South Africa Ltd., is willing to inject more ...

A new Hyundai steel plant worth $5 billion will be built in Ascension Parish near Donaldsonville, according to an ...

President Donald Trump, alongside Louisiana Governor Jeff Landry and U.S. House Speaker Mike Johnson, unveiled the project ...

President Donald Trump and Gov. Jeff Landry praised carmaker Hyundai's decision to build a $5.8 billion steel plant in ...

“Hyundai Steel’s investment in an electric arc furnace (EAF) based integrated steel mill in the U.S. is anticipated to ...

In a major win for the state's economy, Hyundai Motor Group is set to build a $5 billion steel mill in Louisiana.