Steel slump continues

Steel slump continues

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Business business1 news SA Business steel industry

STEEL maker ArcelorMittal continued its slump as it reported further losses for the half-year ended June. The group forecast growth for the second half after headline losses increased to R1.1bn for the period. The company said its results were negatively impacted in the first half of the year by the weakening South African economy. “The
Source: The New Age

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