ArcelorMittal South Africa recorded a total loss of 1.489 billion rand (89.3 million USD) in the first half of 2026, compared to 1.014 billion rand (60.8 million USD) a year earlier, representing a 47% increase, reflecting the deterioration of the steel market conditions. The steelmaker attributes this development to the persistent weakness in demand in...
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South Africa: ArcelorMittal deepens its half-year loss amid weak market conditions
Amadjiguéne Ndoye
Economic journalist with a Master’s degree in Communication and Journalism from the Higher Institute of Information and Communication Sciences in Dakar (ISSIC). Avid reader and music enthusiast. Feminist at heart and passionate about fashion.
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