WATCH: Why ArcelorMittal SA has slipped into the red
ArcelorMittal SA CEO Kobus Verster talks to Business Day TV about the company’s performance
ArcelorMittal SA has swung to a headline loss of more than R3bn, partly due to a weaker rand and a fall in steel prices due to increased imports.
Along with this, the company has also seen a surge in net impairment charges over the period.
CEO Amsa Kobus Verster shares his perspective on the numbers and factors at play with Business Day TV.
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