ArcelorMittal South Africa defers plant closure after $92M injection
The closure of the long-steel operations has been expected since November 2023.
Iron ore price hit an eight-month high on Friday, driven by optimism about future steel demand in China. Benchmark 62% Fe fines imported into Northern China rose 0.54%, to $127.70 per tonne. The most-traded May iron ore futures contract on the...
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