Latest News & Developments
steel production
BRICS+ Series: Brazil’s Steel and Oil Sectors Power Ahead Despite Global Headwinds
Brazil's steel and oil industries are evolving amidst political challenges and global trade dynamics, as the country positions itself as a key player in the new Silk Road.
Government's 'Soviet-style' bid to reform steel tariffs won’t save ArcelorMittal SA
South Africa's government is reviewing steel import tariffs in a bid to support ArcelorMittal South Africa, which recently secured a R1. 7 billion loan to delay the shutdown of its Long Steel Business.
ArcelorMittal South Africa defers long steel business wind down for six months
ArcelorMittal South Africa secures a six-month deferral for its Long Steel Business, promising job retention and urging governmental solutions to longstanding industry issues.
Trump tariffs could force Britain’s last steel plant to close
The move would leave the country unable to produce its own virgin steel and entirely dependent on imports
Embattled ArcelorMittal South Africa welcomes steel tariff review process
Facing financial turmoil, ArcelorMittal South Africa hopes the ITAC's tariff review will provide crucial support for the struggling steel industry and safeguard thousands of jobs.
Experts question South Africa's steel tariff review deadlines
Industry experts express concerns over the tight deadlines for South Africa's steel tariff review, warning that the proposed measures could lead to significant economic repercussions.
Government steps in to save South Africa's struggling steel industry
The South African government is in urgent negotiations with ArcelorMittal South Africa to prevent the closure of key steel manufacturing plants, offering substantial financial support and industry reforms to protect thousands of jobs and maintain domestic steel production capacity.