Mittal Steel
latest news & developments
No end to Arcelor’s toxic practices
The company is unable to stop the emission of the pollutants and is asking for more time upgrade parts so that it can comply with the law.
Mittal dismisses pollution claims
Strike Matsepe used his savings to buy a plot of land near the country’s biggest steel mill, hoping it would become a thriving farm in his old age.
ArcelorMittal CEO becomes steelmaker’s chairperson
ArcelorMittal chief executive Lakshmi Mittal became chairperson of the steelmaker on Tuesday, increasing his control over the company. ”I could not have asked for a better…
JSE edges up as miners recover losses
The JSE had edged up slightly by midday on Tuesday as platinum- and gold-mining stocks started to recover earlier losses. By 12pm, the all-share index was 0,08% in the black as…
Good buying interest keeps JSE firm
Good buying interest was seen across the board on the JSE on Thursday and by midday the all-share index was up 224 points, with one trader speculating that it could close above…
Local bourse loses earlier gains
The JSE all-share index gave up earlier gains of just over 0,5%, trading at just 0,21% in the black shortly before midday on Friday. "It hasn’t been an exciting day, we are up…
Mittal Steel fined R700m for price-fixing
Mittal Steel South Africa will have to fork out close to R700-million after it was fined on Thursday by the Competition Tribunal for price-fixing. A statement released by the…