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Arcelormittal sa news

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ArcelorMittal South Africa in talks to avert factory closure. ArcelorMittal South Africa is set to report a loss in the full year to December 2023, mainly due to a 2.1 billion rand impairment charge relating to the longs business targeted for closure, as .. ArcelorMittal South Africa shares tumble on plan to close long steel .. Nov 28 (Reuters) - ArcelorMittal South Africa (ACLJ.J) shares tumbled nearly 14% on Tuesday after the company said it plans to close its long steel operations due to weak demand and persistent.. ArcelorMittal South Africa warns of losses on the back of long steel .. Primary steel producer ArcelorMittal South Africa expects to report a 238% to 261% year-on-year decrease in earnings per share (EPS) for the year ended December 31, owing to a R2.1-billion.. Steel giant ArcelorMittal crashes by over 40% after warning it . - News24. Shares in SAs biggest steelmaker Arcelor Mittal crashed by 43% on Tuesday afternoon, wiping out about R1.7 billion in shareholder value. This was after it announced it had swung into an interim loss after underestimating the economic effects of unprecedented load shedding on its customers.. ArcelorMittal warns of hefty loss as hoped-for demand fails to .. Africas largest steelmaker ArcelorMittal SA warned shareholders on Monday that its hoped-for pickup in demand failed to materialise in 2023, when it swung into a loss far in excess of its R1.6 billion market value.. ArcelorMittal Profit Drops as Steel Market Demand Weakens. ArcelorMittal SA s third-quarter profit fell as steel prices declined in key markets due to weaker demand. The worlds top steelmaker outside of China reported a 28% decline in earnings from.

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arcelormittal

Latest news for ArcelorMittal South Africa Ltd. (JSE:ACL). ArcelorMittal South Africa is sub-Saharan Africas largest steel producer with an annual production capacity (in 2019) of 6.5 million tonnes of liquid steel. In 2019 we produced 4.4 million.. ArcelorMittal Cuts 3,500 South Africa Jobs as Demand Craters. 2:42. ArcelorMittal South Africa Ltd. will shut its long steel products business and cut as many as 3,500 jobs, dealing another blow to the continents third-biggest economy. South Africas .. MT.AS - | Stock Price & Latest News | Reuters. ArcelorMittal SA is a Luxembourg-based holding company

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. The Company, via its subsidiaries, owns and operates steel, iron ore manufacturing and coal mining facilities in Europe, North and South .. ArcelorMittal S.A. (MT) Stock Price, News, Quote & History - Yahoo Finance. Arcelor, France Plan to Invest €1.8 Billion to Cut Emissions. Find the latest ArcelorMittal S.A. (MT) stock quote, history, news and other vital information to help you with your stock trading .

arcelormittal

ArcelorMittal South Africa Limited (ACL) Stock Price & News - Google. Get the latest ArcelorMittal South Africa Limited (ACL) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment .

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ArcelorMittal S.A. beats Q4 top and bottom line estimates; initiates .. ArcelorMittal S.A. beats Q4 top and bottom line estimates; initiates FY23 outlook. ArcelorMittal S.A

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. press release ( NYSE: MT ): Q4 Non-GAAP EPS of $1.37 beats by $1.09. Revenue of $16.89B (-18.8 .. ArcelorMittal SA CEO sees no way of avoiding longs closure, says wind .. ArcelorMittal South Africa (AMSA) CEO Kobus Verster believes there is no immediate prospect of addressing the structural issues undermining the financial viability of the groups long- products.. ArcelorMittal SA (MT) Price & News - Google Finance. ArcelorMittal SA (MT) Price & News - Google Finance Markets Dow Jones 38,109.43 +0.16% +60.30 S&P 500 4,890.97 -0.065% -3.19 Nasdaq 15,455.36 -0.36% -55.13 Russell 1,978.33 +0.12% +2.45 VIX.

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. ArcelorMittal South Africa in talks to keep its doors open and . - IOL. 2m ago ArcelorMittal South Africa said on Monday that they will engage with government and unions to try and stop the closure of its long steel business operations. ArcelorMittal share price.. Bid to save ArcelorMittal SA Newcastle Works takes a blow following .

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43 seconds ago Newcastle Advertiser 3 minutes read ArcelorMittal South Africa Newcastle Works. Attempts to save ArcelorMittal South Africa (Amsa) Newcastle works from closing took another.. ArcelorMittal sees no way to avoid the closure of its steel operations .. ArcelorMittal has taken a dim view of South Africas economy and the governments reform agenda because its steel operations in the country are taking a big financial hit. The company swung.. ArcelorMittal South Africa shares fall after profit warning. Jan 24 (Reuters) - ArcelorMittal South Africa (ACLJ.J) shares fell by 13% on Tuesday after the steelmaker said its annual profit would decline by as much as 65%.. Thousands of jobs at risk as ArcelorMittal shuts Newcastle . - News24. Thousands of employees will lose their jobs after ArcelorMittal South Africa announced that it is putting its major Newcastle and Vereeniging long steel operations in care and maintenance due to a lack of demand. Its share price crashed almost 30% to 100c earlier on Tuesday, but recovered some of its losses by lunchtime.. Arcelormittal south africa - Eyewitness News. ArcelorMittal SA loss deepens, expects Africa market growth. Headline losses grew to R1.619 billion for the six months to 30 June from a loss of R458 million a year earlier. 27 July 2017 12:17.. Press Releases | ArcelorMittal. News articles ; Press releases (1) Back; Go to Press releases page Shareholding notifications; Get in touch ; Homepage / Media 610 results found

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. ArcelorMittal enters the additive manufacturing industry as a steel powder supplier . Read more. November 09, 2023 ArcelorMittal reports third quarter 2023 results . Read more.. ArcelorMittal South Africa to sack 3,500 workers and close long . - Mint. ArcelorMittal South Africa says steel consumption in Africas most advanced economy has fallen 20% over the past 7 years, due to limited infrastructure spend and project delays. ArcelorMittal .

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. ArcelorMittal SA (MT) has fallen 1.09% Tuesday In Premarket Trading. ArcelorMittal SA ( MT) is down -1.09%% today. MT has an Overall Score of 38

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. Find out what this means to you and get the rest of the rankings on MT! See Full MT Report. MT stock closed at $27.61 and is down -$0.30 during pre-market trading

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. Pre-market tends to be more volatile due to significantly lower volume as most investors only trade .. News Updates - ArcelorMittal South Africa. 2014-08-28 - Steel profits hurt in hunt for sales. 2014-08-28 - ArcelorMittal stands firm on its pricing model CEO

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2014-08-28 - Steel profits hurt in hunt for sales. 2014-08-27 - Sasol techno X inspires young minds

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ArcelorMittal SA NY Registered Shs hosts conference call for investors .. The company, ArcelorMittal SA NY Registered Shs, is set to host investors and clients on a conference call on 2/8/2024 6:10:09 AM. The call comes after the companys earnings, which are set to be .. Home Page | ArcelorMittal. 22.01.2024 (17:35 CET) €24.61 +1.74% Latest news View more Are you looking for a report, policy or procedure? Please go to our corporate library to access our reports and policies..