arcelormittal south africalatest news & developments

Trade commission protects legacy steel giant from competitive imports

An outdated iron ore beneficiation value chain is holding back South Africa’s industrialisation, even as government imposes tariffs mainly affecting China to shield ArcelorMittal from the surge of steel imports

  • Kibo Ngowi
7 min read

Newcastle reels as ArcelorMittal SA’s steel factory closure looms

Thousands of jobs are on the line, and the ripple effects are expected to devastate livelihoods, businesses and the town’s broader economy

  • Des Erasmus
4 min read
South Africa’s steel industry can transition to zero-emission production, while addressing the environmental and social costs of its operations that are borne by local communities,

Hydrogen technology ‘key to sustainable steel industry’, analysis of ArcelorMittal’s roadmap finds

A groundbreaking policy brief looks at what ArcelorMittal’s decarbonisation roadmap means for communities and the environment

  • Sheree Bega
7 min read
Major corporations in the mining and steel production industries, including Anglo American, Sibanye Stillwater, and ArcelorMittal South Africa, have reported reduced output and profitability because of higher operational costs and declining global demand for raw materials.(Madelene Cronje)

Strain on smaller businesses now affecting larger enterprises

Urgent relief is needed to stop the spread of financial ruin to bigger firms and avoid economic sector turmoil

  • Eyaaz
5 min read
South Africa’s largest steel maker has warned that without urgent government protection, it will be a matter of time before local production is no longer viable. (David Harrison/M&G)

ArcelorMittal and the story of SA’s deindustrialisation

The steelmaker’s privatisation was the death knell for the country’s manufacturing industry This content is restricted to registered users and subscribers. Get Your Free Account The Mail & Guardian is committed to providing all our readers with the best possible experience. Please register your free account now. Your registration is your first step to becoming an M&G community member. Register Registration enables: – M&G newsletters access – notifications – the best possible experience Already registered? Login here Want to subscribe and get even more benefits? Explore our subscription offers

  • Eyaaz
1 min read
In its budget review, the treasury flagged Transnet’s high debt levels, saying it needs to make faster progress on its plan to improve operations and finances

Treasury grants Transnet R47 billion support package

R22.8 billion will be used to tackle urgent liquidity matters, such as settling maturity debt

  • Des Erasmus
4 min read