ArcelorMittal MT-0.72%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 ...
ArcelorMittal South Africa (Amsa), which announced ... media roundtable on Monday that the loss-making steel company could no longer afford that its long-steel business “drags down” its ...
SEIFSA estimates that the closing of the ArcelorMittal long-steel works will lead to a staggering 293 754 direct and indirect job losses. ArcelorMittal South Africa will wind down its long-steel ...
ArcelorMittal said the country’s steel industry is facing its “greatest sustained challenge” since the 2008 financial crisis. Deteriorating markets and cheap imports, particularly from China ...
Credit: Andrei Armiagov/Shutterstock. ArcelorMittal South Africa has announced the closure of its long steel products division, a move that is expected to affect approximately 3,500 jobs, both ...
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Some 3,500 workers are facing a bleak new year after steel giant ArcelorMittal South Africa decided to shut its long-running steel business. Facebook: ArcelorMittal The steel producer cites ...
(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 ...
The mighty is crumbling. From steel giant to economic black hole, ArcelorMittal’s saga is a tale of self-inflicted wounds and external pressures. The decision to shutter the Newcastle mill ...
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Per The Athletic's Dianna Russini, the Giants did "some background work" on some people who could have replaced Daboll. Giants president John Mara announced on Monday that both Daboll and general ...