Category: News

ArcelorMittal battening down the hatches

CAPE TOWN In April 2011 South Africas largest steel producer ArcelorMittal was trading at over R90 a share. On Wednesday, it closed at R9.73. The first signs of real trouble came in July and August 2011 when the …

ArcelorMittal and USW agree to continue work

COATESVILLE >> ArcelorMittal announced Tuesday that it had reached a continue to work agreement with United Steelworkers (USW), a union that represents about 700 hourly workers at the steel mill. USW and ArcelorMittal are in the process of …