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Steel processors eyeing ArcelorMittal
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Steel processors eyeing ArcelorMittal
Steel processors eyeing ArcelorMittal Nokuthula Khanyile Wed, 02/18/2026 - 19:00 JOHANNESBURG - A group of steel processors and labour unions are reportedly eyeing a deal to take control of ArcelorMittal South Africa. The group has made a proposal to the state owned Industrial Development Corporation which will reportedly provide finance for the takeover. It may also increase its stake from about 8 percent.The IDC is the second biggest sha…
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