https://newsletter.mw.creamermedia.com
Africa|Financial|Steel
Africa|Financial|Steel
africa|financial|steel

BACK TO THE FUTURE

11th October 2019

By: Darlene Creamer

     

Font size: - +

After a short-lived profit reprieve in 2018, South Africa’s upstream steel industry is under severe financial pressure yet again. In fact, it’s looking more and more like “déjà vu all over again”, to steal Yogi Berra’s famously redundant quotation. South Africa’s largest producer, ArcelorMittal South Africa, announced last month that it would, once again, be conducting an operational and financial sustainability review. As with the last review, it’s more than possible that the outcome could be the closure of some sites and plants.

Article Enquiry

Email Article

Save Article

To advertise email advertising@creamermedia.co.za or click here

Showroom

Avlock International
Avlock International

Avlock International is a leading manufacturer and distributor of Specialized Fastening Systems.

VISIT SHOWROOM 
Immersive Technologies
Immersive Technologies

Immersive Technologies is the world's largest, proven and tested supplier of simulator training solutions to the global resources industry.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 17 October 2025
Magazine round up | 17 October 2025
17th October 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.145 0.22s - 125pq - 2rq
Subscribe Now