Some ArcelorMittal South Africa businesses are still facing challenges, as negotiations failed to prevent the closure of long steel operations, which are loss-making for the company. Among the main ...

The South African government is engaged in crisis negotiations with ArcelorMittal (NYSE:MT) regarding the future of the company's unprofitable steel mill in the country, Bloomberg reported Wednesday.

ArcelorMittal South Africa Ltd., which is in talks to sell its struggling operations, said the rand’s strength is adding to the risk it faces in the country. The company’s average steel price fell by ...

Investors in ArcelorMittal SA (Symbol: MT) saw new options begin trading today, for the April 10th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the MT options ...

South Africa's Industrial Development Corp. is working with financial advisors on a possible ~8.5 billion rand ($491 million) offer for control of ArcelorMittal’s (NYSE:MT) business in the country, ...

(Reuters) -ArcelorMittal South Africa meets the criteria for discounted electricity tariffs in terms of set rules, the country's energy regulator said on Friday, backing a plea by the loss-making ...

. The stock has been on an impressive run, with a 66% year-to-date gain. Analysts at Goldman Sachs downgraded ArcelorMittal SA (NYSE:MT) to ‘Neutral’ from ‘Buy’ on October 10. Pixabay/Public Domain ...

South African officials are working to prevent the closure of some steel mills operated by the local unit of ArcelorMittal SA this month, Trade Minister Parks Tau said, adding he is hopeful about ...

ArcelorMittal MT-2.05%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 ...