ArcelorMittal South Africa said on Thursday it narrowed its full-year loss by 34% on the back of lower raw material costs and after closing its money-losing long steel business.
Sub-Saharan Africa’s top steelmaker posted a headline loss of 3.355 billion rand ($207.86 million) in the year ended December 2025, compared to a 5.1 billion rand loss the previous year.
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ArcelorMittal South Africa’s Luxembourg-headquart… [520 chars]
Source: Reuters | Published: 2026-02-05T06:46:53Z
Credit: Reuters
