Labour, business in bid to stop steel jobs bloodbath

2015-08-21 13:50

Labour and business are meeting with government in a bid to stem massive job losses as China's dumping of steel is destroying jobs, says metalworkers' union Numsa.

ArcelorMittal ‘going to fight’ Chinese steel imports

2015-07-24 07:26

ArcelorMittal South Africa says it’s “going to fight” subsidised steel from China, the biggest steel producer that is shipping excess output overseas.

ArcelorMittal turns to rabbits to go green

2015-07-19 15:05

The company will spend €1.1 billion (R14.8 billion) to turn carbon monoxide into ethanol using a microbe normally found in the gut of rabbits.

Glencore courts Guinea's iron ore treasures

2014-08-06 09:42

Miner and commodity trader Glencore has expressed interest in iron deposits in Guinea, although the company says it has not pitched for a stake in Simandou.

Economy, labour ills a strain on ArcelorMittal

2014-08-01 09:23

ArcelorMittal's first-half loss has narrowed compared to last year, but weak economic growth and labour disputes are expected to keep earnings under strain.

ArcelorMittal to cough up $150m in damages

2014-06-06 15:49

Arcelormittal has agreed to pay Senegal $150m in cash as damages to settle a dispute with the West African nation over a failed mine deal.

ArcelorMittal considers buying Ilva

2014-02-11 12:15

ArcelorMittal is among parties considering buying Italian steelmaker Ilva, depending on the cost of an environmental cleanup plan, sources say.

ArcelorMittal appoints interm CEO

2014-02-04 17:33

Steel manufacturer ArcelorMittal SA has appointed an interim CEO after the resignation of Nonkululeko Nyembezi-Heita last year.

Algeria to own 51% of ArcelorMittal unit

2013-09-18 09:50

Steelmaker ArcelorMittal will sell a 21% stake in its Algerian unit to the state, allowing the country to become a majority shareholder, according to the state news agency.

Pressure builds on Sasol’s pricing

2013-05-19 15:38

The government is waiting in the wings to impose regulations if petrochemical giant Sasol doesn’t agree to revise plastic prices.


ArcelorMittal calls for anti-dumping – cheap imports could cost 13 500 jobs

2015-08-05 15:22

With steel being dumped below cost, government must decide whether it wants to create opportunity or jeopardise 13 500 jobs at ArcelorMittal, says its CEO.

ArcelorMittal turns to rabbits to go green

2015-07-19 15:10

The company will spend €1.1 billion (R14.8 billion) to turn carbon monoxide into ethanol using a microbe normally found in the gut of rabbits.

Ebola: ArcelorMittal issues force majeure

2014-08-08 23:18

ArcelorMittal has declared force majeure over Ebola and mining firms are acting swiftly, while production ticks over in West Africa's iron ore and gold fields.

ArcelorMittal eyes big projects

2014-08-01 13:40

Steel maker ArcelorMittal is pinning its hopes for an end to tough trading conditions on infrastructure development projects.

Solidarity, Arcelor reach pay deal

2014-06-11 20:11

Trade union Solidarity and steel giant ArcelorMittal have reached a wage agreement, the union says.

Sasol a major polluter - report

2014-06-01 10:51

Energy and chemical producing company, Sasol emits far more greenhouse gases than any of the top 100 companies listed on the JSE, according to a report.

ArcelorMittal helps European shares edge up

2014-02-07 11:26

European shares edged up as steelmaker ArcelorMittal unveiled upbeat forecasts and investors anticipated further encouraging economic data from the US.

ArcMittal eyes Saldanha gas plant for power

2013-11-25 15:11

ArcelorMittal says it is in talks to buy energy from a planned 800 megawatt compressed natural gas plant near its steel-making facility in the Western Cape.

Greed hampers easy economic gains for SA

2013-09-15 18:36

Greed, self-interest and lack of political will are costing South Africa easy gains when it comes to boosting the economy and creating jobs, say industry players.

ArcelorMittal job cuts spark protests

2013-03-08 14:32

Hundreds of Belgian steel workers are blocking a busy border crossing between Belgium and the Netherlands to protest against planned job cuts by ArcelorMittal.

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