DEVASTATING RESULTS: The writing is on the wall for ArcelorMittal long steel
[Daily Maverick - Zambia] - 31/07/2025
With the 30 September deadline for winding down the long steel business looming and R1bn in headline losses bleeding from ArcelorMittal South Africa’s balance sheet, CEO Kobus Verster is running out of patience with what he calls ‘misguided policies’ that have crippled the local steel industry.
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