The logo of steel factory ArcelorMittal / Image: REUTERS Shares of ArcelorMittal South Africa took a significant hit as the company announced the decision to place its major Newcastle and…
Browsing: ArcelorMittal
Picture: Reuters ArcelorMittal, South Africa’s largest steelmaker, saw its shares plummet by 43% on Tuesday. This unexpected drop wiped out roughly R1.7 billion in shareholder value. This significant drop was…
ArcelorMittal South Africa (AMSA) has confirmed that it will seek to secure third-party access to Transnet’s rail network as part of efforts to stabilise the logistics involved in supplying key…