SAEFA’s Angus on tackling collapse of employment in SA industry: It’s Pretoria’s regulations, stupid!
Employment in South Africa’s engineering sector has fallen sharply over the past two decades to half of where it should be.
Employment in South Africa’s engineering sector has fallen sharply over the past two decades to half of where it should be.
Steel manufacturer ArcelorMittal has seen its shares fall from a high just over €33 to around €22.40 within the past year.
A failing Transnet forces companies to get goods to market by truck, increasingly with tragic consequences writes FleetWatch’s Patrick O’Leary.
Even if Dr Frans Cronje is only half right, it may pay to stick away some ArcelorMittals in a proverbial bottom drawer.
Alec Hogg pointed out how ArcelorMittal shareholders enjoyed a ten-bagging 2021 primarily due to the lobbying efforts of the Indian-owned company.
While ArcelorMittal shareholders have celebrated an astonishing year, those who consume the company’s products are not. Something looks badly out of kilter here.
Gideon du Pleesis says an anti-South African political agenda and greed resulted in the lives of thousands of workers and their dependents being wrecked and the destruction of Highveld Steel.
Steel firm ArcelorMittal South Africa launched the rights issue last November as it battled falling steel demand, cheap imports and higher costs.
The steel industry executive who correctly predicted weakening Chinese demand three years ago is perplexed by the inability of the world’s biggest miners of iron ore to accept the new reality.
Alec Hogg says contrary to popular opinion, the ANC is showing it is not prepared to sacrifice local steel industry on the altar of Chinese friendship.