ArcelorMittal could face action in SA
Tough talk around ArcelorMittal's French plans has shone a spotlight on its local pricing structure.
French steel industry goes soft
As thunderstorms raged in the area last week, the symbolism was potent: the picket-line bonfire hissed and went out.
South Africa is not ArcelorMittal's only battlefield
ArcelorMittal South Africa's recent bad performance mirrors that of its parent, which has also announced dismal interim results.
Mining supertax, more beneficiation in ANC's cross hairs
The ANC policy document (sims) has proposed a 50% tax on super-profits and stands to enable the state to intervene in price setting.
Shock and ore: Dirt flies in Sishen battle
The three-year battle between Imperial Crown Trading and Kumba Iron Ore for a multibillion-rand stake in Sishen is getting dirtier and dirtier.
Due diligence 'scuppered' Arcelor deal
An internal due diligence process may be at the heart of the failed empowerment deal between steel giant ArcelorMittal and the Ayigobi Consortium.
ArcelorMittal resumes iron ore production in Liberia
ArcelorMittal has started production at its $1.5-billion iron ore mine in Liberia after work was stalled there last year.
ArcelorMittal seeks to join case against Imperial
ArcelorMittal South Africa has decided to join Kumba Iron Ore in its legal case against Imperial Crown Trading.
A shining example
Steelmakers ArcelorMittal have donated R250-million to building schools in underdeveloped areas, the first of which it handed over last week.
Sanlam wants delay to ArcelorMittal deal
Sanlam, South Africa's largest insurer, objected on Friday to a proposed R9,1-billion empowerment deal by ArcelorMittal.
My stomach turns, cool head or not
Arcelor deals might be legal and even in line with 'old-fashioned' BEE practices, so why the fuss?
Kumba, ArcelorMittal reach pricing agreement
Kumba and ArcelorMittal South Africa have reached an interim pricing agreement for the supply of iron ore from Kumba's Sishen mine.
Govt: Meeting with Kumba, ArcelorMittal 'constructive'
A meeting between Kumba Iron Ore and ArcelorMittal hosted by Trade Minister Rob Davies on Monday resulted in a "constructive engagement".
Govt calls meeting with Kumba, ArcelorMittal
Trade and Industry Minister Rob Davies will host an urgent meeting between Kumba Iron Ore and ArcelorMittal on Monday in a bid to resolve a row.
Kumba seeks other iron ore buyers
Kumba Iron Ore may look for other domestic buyers to take extra ore if ArcelorMittal's South African unit shuts down one of its plants.
Govt threat to break up Mittal
Government, which has been sitting on the sidelines in the dispute between behemoths Kumba and ArcelorMittal, this week got into the ring.
A steel at the price
Government is watching closely the standoff between Kumba and ArcelorMittal and its effect on steel prices, Lynley Donnelly reports.
AcerlorMittal SA posts full-year headline loss
ArcelorMittal SA on Wednesday said it posted a full-year headline loss on low demand for steel.
Steel, carmakers cast doubt on recovery
The world's top two steelmakers and leading carmakers said on Wednesday any return to growth would be gradual.
Chance of a 100-basis-point rate hike in June?
Global analysts Lehman Brothers wondered out loud on Friday morning whether some notably hawkish statements by Reserve Bank Governor Tito Mboweni on Thursday might be a signal that a rate hike of 100 basis points could be on the cards come June 12.
