(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 R1.68bn loan, delaying steel mill closures and saving 3,500 jobs. The government pledges ...

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

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

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

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 ...

A South African state development bank is considering taking a majority stake in the local unit of ArcelorMittal SA as it ...

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 ...

The Industrial Development Corporation aims to buy a majority stake in ArcelorMittal SA’s local unit to save two key steel ...