Arcelormittal Sa

ArcelorMittal to keep its head above water by cutting more jobs

After announcing weak financial results for the first half of 2019, the steel manufacturer is planning to cut more jobs to be able to operate

Headless cats and government promises back in 2005

Government interest in the pollution claims appears to have been aroused by Constitutional Court action launched against President Thabo Mbeki

ArcelorMittal SA steels itself for R1.5bn price fixing penalty

The fine is payable over five years, starting from 2017.

US steels itself against SA imports

While the local steel industry is seeking tariff protection, its US counterpart is – surprise! – petitioning for anti-dumping duties to be imposed.

SA’s steel industry on brink of collapse

China’s over-supply is putting thousands of South African jobs at risk, but the state has been slow to respond.

Heavy going in the steel sector

A drop in demand, an 84% slump in profit and rising costs do not bode well for producer ArcelorMittal, writes Lynley Donnelly.

Call for intervention in the steel industry

Moral suasion is not sufficient to force the steel industry to follow a price policy that boosts competitiveness, a senior official says.

Steel price drop may force shutdowns, job cuts

ArcelorMittal SA on Wednesday warned that if steel prices slid further it may be forced to look at shutting down facilities.

ArcelorMittal has ‘no intention’ of exiting SA

ArcelorMittal South Africa on Monday said it "has no intention of exiting SA and has indicated no such course of action".

Latest

Public transport inequality

The Competition Commission’s market inquiry reveals that South Africa’s public transport system remains skewed by class, advantaging middle- and high-income earners

Court date finally set for death in detention Haffejee inquest

Another apartheid-era death will be investigated after NPA pressured to finally act

State capture commission granted a 13-month extension

Judge Wendy Hughes says this is the final extension because finality is "owed to the nation"

Press Releases

South Africa’s education system is broken and unequal, and must be fixed without further delay

The Amnesty International report found that the South African government continues to miss its own education upgrading targets

Business travel industry generates billions

Meetings Africa is ready to take advantage of this lucrative opportunity

Conferences connect people to ideas

The World Expo and Meetings Africa are all about stimulating innovation – and income

SAB Zenzele Kabili B-BBEE share scheme

New scheme to be launched following the biggest B-BBEE FMCG payout in South Africa’s history

TFSAs are the gymnasts of the retirement savings world

The idea is to get South Africans to save, but it's best to do your research first to find out if a TFSA is really suited to your needs

Achieving the litmus test of social relevance

The HSS Awards honours scholarly works based on their social relevance and contribution to the humanities and social sciences

Making sense of tax-free savings and investment

Have you made the most of your tax-free investment contributions?

Response to the report of the independent assessors

VUT welcomes the publishing of the report of the independent assessors to investigate concerns of poor governance, leadership, management, corruption and fraud at the university.