Government officials are earmarking a R1 billion bailout for ArcelorMittal South Africa (AMSA) after it announced it would ...

Intense work is taking place behind the scenes to come up with a rescue package that could save the steel mills under threat ...

Economist Richard Downing says government policy too often has the effect of deterring all-important direct fixed investment ...

President Cyril Ramaphosa met Lakshmi Mittal at Davos over ArcelorMittal plans to close country’s two largest mills ...

The ambitious plan to produce green steel in the Freeport Saldanha Industrial Zone has been shelved, with Sasol and ArcelorMittal citing high costs and shifting priorities. The setback raises ...

In a high-stakes meeting at the World Economic Forum in Davos, South African President Cyril Ramaphosa, along with several ...

As an investor, mistakes are inevitable. But really bad investments should be rare. So take a moment to sympathize ...

Indian steelmaking tycoon Lakshmi Mittal met with South African ministers in Davos this week as the country seeks to head off ...

The encounter followed an earlier caucus involving the Indian billionaire, South African Finance Minister Enoch Godongwana, ...

Indian Steel Magnate Lakshmi Mittal engages with South African ministers at Davos to address the impending closure of steel ...

AMSA plans to close three plants — including two steel mills that the auto-making, mining and construction industries depend ...

CEO, Kobus Verster, and Employment and Labour Minister Nomakhosazana Meth has done little to quell fears of massive job losses in Newcastle and Vanderbijlpark.