Steelmaker ArcelorMittal South Africa (AMSA) has warned that its loss a share for the six months ended June 30 is likely to be between R1.10 and R1.14, compared with a loss a share of 84c in the first half of 2025. Further, its headline loss a share is expected to have widened by 45% to 51% to between R1.32 and R1.37, compared with the headline loss a share of 91c reported for the prior comparable period.

ArcelorMittal SA’s latest guidance comes as Industrial Development Corporation assesses long-term viability of its long steel business

Steelmaker ArcelorMittal South Africa (AMSA) has warned that its loss a share for the six months ended June 30 is likely to be between R1.10 and R1.14, compared with a loss a…