ArcelorMittal said it has no plans to reverse its shutdown decision, which will result in 3,500 direct and indirect job losses and affect communities in Newcastle, Vereeniging, and surrounding areas.

Alain Gabriel summarises the various changes in the European market environment that we could see during the year. Starting ...

Kleber Silva, ArcelorMittal's Global Executive Vice President and CEO of Mining has declared 2025 as "the year of Liberia" as the company accelerates its expansion efforts.During a recent visit to ...

As ArcelorMittal considers closing its Newcastle plant, South Africa's steel industry stands resilient. Despite concerns, the ...

ArcelorMittal (‘the Company’) today announces the publication of its fourth quarter and full year 2024 sell-side analyst consensus figures.The ...

Activist investor Ancora aims to oust CEO and board members of US Steel amid merger chaos. Industry veteran Alan Kestenbaum ...

Pankaj Munjal, CEO of Hero Motors, owns a Bombardier Global 5000, providing ultimate comfort and privacy for his international business travel. Kalanithi Maran, founder of Sun TV Network, owns a ...

The government’s Rs.11,440 crore revival package for Vizag Steel addresses immediate financial troubles but leaves unresolved its key weakness: the absence of captive iron ore mines. The plant pays ...

Italian car-parts manufacturer CLN-Coils Lamiere Nastri SpA asked bank creditors to write down about 90% of their unsecured ...

The CEO of ArcelorMittal South Africa’s Vanderbijlpark plant, Kobus Verster, said on Friday that the company's dire financial situation means there is only a ‘small window’ to find solutions.

VANDERBIJPARK - Employment and Labour Minister, Nomakhosazana Meth says her department is looking into possible interventions to prevent job losses at ArcelorMittal.

JOHANNESBURG - Employment and Labour Minister Nomakhosazana Meth is meeting with the management of ArcelorMittal. This amid plans by the steel giant to shut down operations in KwaZulu-Natal and ...