ArcelorMittal South Africa shares up on H1 profits

PUBLISHED: Wed, 01 Aug 2018 10:38:43 GMT

Steel manufacturing company, ArcelorMittal South Africa is reporting improvements in Ebitda, liquid steel production and steel sales volumes for their half year earnings ended June 30 2018. The giant steel producer attributed a 31 per cent dip in imports to lower economic activity in the country. CNBC Africa’s Fifi Peters is joined by Kobus Verster, CEO & Executive Director, ArcelorMittal South Africa.

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