Pretoria: ArcelorMittal South Africa Ltd is seeking a 3.1 billion-rand or about US$170mil rescue package to stave off the closure of crucial steel mills in the country, the Sunday Times has reported.

The European Commission’s president said she “deeply regretted” the measure, which was announced in response to the Trump administration’s tariffs on all steel and aluminum imports.

ArcelorMittal is one of the world’s leading integrated steel and mining companies with a presence in 60 countries and primary steelmaking operations in 15 countries. It is the largest steel producer ...

ArcelorMittal has filed its Annual Report 2024 on Form 20-F with the U.S. Securities and Exchange Commission (SEC). The report is now available at http://corporate ...

(This March 10 story has been refiled to say only some activities are halted, not all, in the headline and paragraph 1) (Reuters) - ArcelorMittal on Monday announced a more than 270 million euro ...

New Delhi: SpaceX CEO Elon Musk is set to enter the Indian market with his Tesla car and Starlink internet service. He has made it known that he seeks a fair competition in the Indian telecom ...

The AMSA CEO says a number of issues, including transport costs, have led to the decision to halt its long steel production. One economist sees economic stagnation as the heart of the problem. An ...

India’s newly unveiled Telecommunications Act 2023, that seeks to consolidate and revamp the historical framework, will be fully enacted by the mid of thei year, a top official said. “It will be fully ...

VIJAYAWADA: Industries minister T.G. Bharathas said Andhra Pradesh is all set to welcome the ArcelorMittal-Nippon Steel plant in Nakkapalli mandal of Anakapalli district. The steel plant would ...

Industries and Commerce Minister T.G. Bharat has said that the ArcelorMittal Nippon Steel India’s (AMNS) plant is in the process of being established at Nakkapalli in Anakapalli district with a ...

ArcelorMittal's India joint venture warns it may have to severely curtail steelmaking and delay its expansion plans due to India's import restrictions on low-ash metallurgical coke. The company seeks ...