China plans to restructure steel industry with output cuts No specific target given for steel output cut China's crude steel output down 5.6% between 2020 and 2024 Trade frictions cloud China's ...

Jet Airways founder Naresh Goyal, who was arrested in September 2023 in a money laundering case, was granted interim bail in May 2024 on medical grounds. (File photo) Jet Airways founder Naresh Goyal ...

Seifsa is worried that more businesses can go the way of ArcelorMittal which closed down its long steel business last week. Government is still talking to ArcelorMittal about the closure of its ...

A call has been made to President Cyril Ramaphosa and the CEO of ArcelorMittal South Africa to rescue thousands on the brink of losing their jobs. Facebook: ArcelorMittal The plea from the ...

South Africa said it is in talks with ArcelorMittal South Africa to avert plans to shut crucial steel mills in the country after rescue talks with the government failed and the operating ...

The company announced the final closure decision of the Vereeniging and Newcastle long steel plants of ArcelorMittal SA last Friday after several delays in implementation pending possible SA ...

The South African Government notes the decision taken by ArcelorMittal South Africa (AMSA) to wind down their longs steel business in the country. Recognising the steel industry’s vital role in South ...

With ArcelorMittal South Africa (AMSA) starting work to shut down its long steel production by April, a new study suggests that a more balanced competitive environment could arise if the ...

Government policies worsened the decline of the steel industry and distorted the market, favouring mini mills over primary producers such as ArcelorMittal. A report shows exactly how devastating ...

ArcelorMittal has made a final decision to close its long steel business in Newcastle and Vanderbijlpark after postponing it for a month to see if the government could help keep the steel plants a ...

ArcelorMittal (Amsa) says it has no choice but to start winding down its long steel plants after failing to extract concessions from the government over the preferential treatment extended to ...

Nippon Steel is looking to revive its plan to purchase iconic American steelmaker US Steel, despite President Donald Trump’s statements earlier this month that it is only interested in an ...