South Africa is nearing a deal to provide funding to ArcelorMittal SA’s local unit and keep the steel mills open.

The government, working through the state’s trade department and the IDC, also wants ArcelorMittal South Africa, known as AMSA, to consider offers for the two mills it plans to close, situated in the ...

The government reportedly also wants ArcelorMittal (NYSE:MT) to consider offers for the two mills it plans to close in the towns of Vereeniging ... automakers such as Volkswagen and Isuzu.

The plants are situated in the towns of Vereeniging and Newcastle ... 12 months and build up inventory for carmakers such as Volkswagen AG and Isuzu Motors Ltd., the people said.

The company, backed by Indian billionaire Lakshmi Mittal, is seeking about R3 billion to keep its mills open for another 12 months and build up inventory for carmakers such as Volkswagen AG and ...

South Africa is nearing a deal to provide funding to ArcelorMittal South Africa (AMSA) and keep the steel mills open, which are crucial for the nation’s economy, people with knowledge of the ...

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The government, working through the state’s trade department and the IDC, also wants ArcelorMittal South Africa Ltd., known as AMSA, to consider offers for the two mills it plans to close, situated in ...

The IDC and the government are also encouraging ArcelorMittal South Africa to consider offers for the two mills slated for closure, located in Vereeniging and Newcastle ... for car manufacturers such ...