ArcelorMittal SA posts full-year loss


Hurt by weak demand and increased imports from China.



Image: Bloomberg

ArcelorMittal South Africa reported a full-year loss on Thursday, hurt by weak demand and increased imports from China.

ArcelorMittal SA share price over 12 months

The South African unit of the world’s No.2 steelmaker ArcelorMittal posted a headline loss per share of R1.70 in the year to 31 December, versus headline earnings per share of R2.34 the previous year.

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William Murphy

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