South African Financier Mulls Seeking ArcelorMittal Unit Control

South African Financier Mulls Seeking ArcelorMittal Unit Control

A South African state development bank is considering taking a majority stake in the local unit of ArcelorMittal SA as it tries to halt the planned closure of two steel mills crucial to the nation’s manufacturing sector.

MCRMA Welcomes ArcelorMittal UK as New Member - Roofing Today

A UK DIVISION of the global steelmaking business ArcelorMittal has become the latest new member of the MCRMA, the industry association representing the metal building envelope sector. ArcelorMittal Construction UK (AMCUK) joins the association for the first time to support its growth plans for its metal roofing and cladding products and systems, three years after the company acquired Architectural Steel Limited (ASL Limited). The company has rec…

Discussion | Arcelormittal | Parliament forging solution to save steel jobs

Discussion | Arcelormittal | Parliament forging solution to save steel jobs Minenhle.Thusi Thu, 03/27/2025 - 09:47 JOHANNESBURG - There is still uncertainty about ArcelorMittal's future.The deadline for the shutdown of their long steel business is the beginning of April.WATCH | Scramble to avert ArcelorMittal job cutsA closed parliamentary briefing was held earlier this week, between the portfolio committee on trade and industry and the steel g…

2025 - ArcelorMittal Faces Charges Over Industrial Pollution in Fos - March 25, 2025

ArcelorMittal and two executives face serious legal charges for pollution in Fos-sur-Mer, including endangering lives and forgery. The accusations follow a six-year investigation revealing regulatory violations and harmful emissions affecting public health. Approximately 260 local residents have raised concerns, while the company denies wrongdoing, asserting its commitment to reducing emissions through significant investments. Major decarbonizat…

South African lender weighs taking control of ArcelorMittal unit

Industrial Development Corp reportedly willing to inject more capital into struggling company in exchange for boosting its holding

This Wednesday, March 19, 2025, the public health center of the judicial court of Marseille brought the ArcelorMittal Méditerranée society and its two leaders under investigation for endangering the lives of others, forgery and the use of fakes, and attacks on the environment.