arcelormittallatest news & developments
Iron ore mine in West Africa. The Liberty Corridor railroad provides a mechanism for Ivanhoe Atlantic to get that ore to market on favourable terms. Photo: File

US Congress should ask questions about the Ivanhoe Atlantic Deal

Did US ambassador to Liberia Mark Toner, US Africa bureau official Troy Fitrell, Africa adviser to the US president Massad Boulos and former US special envoy J Peter Pham have any conflict of interests in influencing the deal?

9 min read
ArcelorMittal South Africa, the nation’s largest steel producer, plans to shut down key operations.. Photo: Madelene Cronjé

Crumbling foundations of SA’s steel industry a wake-up call for reform

Without urgent, effective action by the government, manufacturers, investors and unions, the industry will fail, leaving thousands jobless and damaging the economy

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)

Steel industry struggles deepen as ArcelorMittal retrenchments highlight systemic problems

Amid rising imports and operational hurdles, the steel producer announces layoffs while the government’s long-term strategy remains unclear

  • Eyaaz
4 min read

Intervention needed to pull steel industry from the brink

ArcelorMittal SA expects to make a final decision by August on the closure of its long steel operation, which puts 3 500 jobs at risk

5 min read