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BizNews Briefing: ArcelorMittal; Mozambique unrest; TikTok US sale; WEF preview
15 Jan 2025 16:18 GMT
… discuss the intricacies of the ArcelorMittal tragedy and what it means … Africa. The discussion focused on ArcelorMittal’s decision to close its … of British American Tobacco (BAT) shares.
Notable Declines: Baldwin Properties (-5% …
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ArcelorMittal: Wind-down of Longs Business and financial outlook for 2024
07 Jan 2025 14:49 GMT
ArcelorMittal South Africa (AMSA) has announced … #7 here.
By Kerry Lanaghan
ArcelorMittal South Africa Limited (AMSA) has … . However, by November, AMSA’s shares had significantly dropped.
AMSA’s … moment in the history of ArcelorMittal South Africa, driven by the …
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ArcelorMittal’s longs steel business closure threatens thousands of jobs, industrial sector
07 Jan 2025 04:04 GMT
ArcelorMittal South Africa’s (Amsa) closure … to reflect the reduced demand.
Shares in Amsa plunged by as …
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ArcelorMittal to close SA site
07 Jan 2025 03:09 GMT
ArcelorMittal
Johannesburg-listed subsidiary of Lakshmi … , it said. The firm’s shares fell as much as 15 … said in a statement yesterday. ArcelorMittal said the country’s steel …
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ArcelorMittal shutting down loss-making long steel business in South Africa, 3,500 jobs likely to go
06 Jan 2025 14:20 GMT
… 6 (IANS): Steel producer ArcelorMittal South Africa Ltd announced on … China. The firm’s shares fell as much as … adequate, the statement explained.
ArcelorMittal South Africa said persistent … performance of the entire ArcelorMittal South Africa business, the …
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ArcelorMittal South Africa To Cut 3,500 Jobs Amid Economic Struggles
06 Jan 2025 13:25 GMT
… government and other stakeholders, ArcelorMittal concluded that the business … directly affect operations at ArcelorMittal South Africa’s Newcastle … by 40%.
Financially, ArcelorMittal South Africa expects to … .
Price Action: MT shares are trading higher by …
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ArcelorMittal to Close Long-Steel Works in South Africa
06 Jan 2025 08:02 GMT
(Bloomberg) — ArcelorMittal South Africa Ltd. will close … , it said. The firm’s shares fell as much as 15% … said in a statement Monday. ArcelorMittal said the country’s steel … and state-owned freight firm.
ArcelorMittal South Africa expects its losses …
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JSE’s best and worst shares of 2024
03 Jan 2025 08:01 GMT
… low standings.
The shares of medium-sized companies … .
Unfortunately, mining sector shares declined by nearly 10%, … 215% higher.
Other construction shares, Wilson Bayley Homes Ovcon … Sibanye-Stillwater, Northam, Exxaro, ArcelorMittal and Thungela.
Of interest …
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ArcelorMittal: My 2025 Industrial Pick As European Production Wakes Up
23 Dec 2024 07:17 GMT
ArcelorMittal is poised for recovery in … beneficial long position in the shares of MT either through stock …
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ArcelorMittal shares plunge on possible capital raise
17 Oct 2024 07:50 GMT
…
SA’s largest steel producer ArcelorMittal SA (Amsa) is considering asking … in the third quarter.
Amsa shares took a pummelling on the …