Steel Meltdown: How government failure doomed ArcelorMittal and 3,500 jobs
The closure of ArcelorMittal’s steel plants is a stark reminder of the consequences of inadequate policymaking and government ...
Our rescue offer for ArcelorMittal South Africa remains valid: Networth Investments
Networth Investments’ offer to buyout a controlling stake in beleaguered ArcelorMittal South Africa (AMSA) from its parent ...
Mining Weekly4d
AMSA confirms closure of Newcastle Works as it issues profit warning
Steel producer ArcelorMittal South Africa (AMSA) has announced that it will close its long-products business in a move that ...
IDC seeks solutions to prevent mass job losses at ArcelorMittal South Africa
The IDC, which has a 6% stake in Amsa, last year endowed the struggling steel manufacturer with R1 billion to forestall the ...
Yahoo Finance21d
Romanian Steel Industry Feels the Pinch of Economic Slowdown
ArcelorMittal’s predecessor company, Mittal Steel, acquired Hunedoara in late 2003. The plant has one electric arc furnace with an annual crude steel capacity of 800,000 metric tons, which it casts ...
The Times of Northwest Indiana11d
Blast furnace investments could doom Gary Works, activists warn
"The last blast furnace in the United States was built before Ronald Reagan got elected, Since the 1980s, they've slowing ...
Business Wire7h
GrafTech Announces Cooperation Agreement with Stockholder Nilesh Undavia
GrafTech International Ltd. (NYSE: EAF) (“GrafTech” or the “Company”) today announced that it has entered into a cooperation ...
Analysis-China Exports Push Nippon Steel to Seek Growth in US, India After Blocked Deal
TOKYO (Reuters) - Nippon Steel is poised to expand its operations in the U.S. and India as it hunts for growth and protection ...
Engineering News1d
The dtic says it will continue to seek ‘workable resolution’ to closure of AMSA’s longs unit
The Department of Trade, Industry and Competition (dtic) says it intends to continue its engagements with ArcelorMittal South ...