The South African Government plans to allocate R500m ($27.6m) to cover steelworker salaries for six to eight months.

ArcelorMittal South Africa said on Wednesday it is in talks with the government and other parties for funding that could ...

South Africa is nearing a deal to provide funding to ArcelorMittal's (NYSE:MT) local unit and ensure its steel mills - which ...

South Africa is nearing a deal to provide funding to ArcelorMittal SA’s local unit and ensure its steel mills, which are ...

ArcelorMittal on Monday announced a more than 270 million euro ($275.4 million) maintenance programme that would include the ...

Mini mill operators say they are ready to take on the slack left by ArcelorMittal’s mill closure, but scrap dealers are less ...

ArcelorMittal's India joint venture has sued New Delhi for rejecting imports of a steelmaking raw material, saying it was ...

ArcelorMittal's Q4 results showed strong profitability with EBITDA up 14% yoy. Read more to see my recommendation for MT ...

ArcelorMittal South Africa Ltd. is seeking a 3.1 billion-rand ($170 million) rescue package to stave off the closure of ...

The South African government is close to securing a deal to support ArcelorMittal SA with R500 million to keep its steel ...

The funds would prevent the full idling of its long-steel plants slated for the second quarter, staving off the loss of about ...

The government, working through the state’s trade department and the IDC, also wants ArcelorMittal South Africa, known as ...