https://newsletter.en.creamermedia.com
Africa|Business|Steel
Africa|Business|Steel
africa|business|steel

AMSA flags sharply narrower losses for 2025

30th January 2026

By: Darren Parker

Deputy Editor Online

     

Font size: - +

Steelmaker ArcelorMittal South Africa (AMSA) expects its losses for the year ended December 31, 2025, to narrow significantly.

In a trading statement published on January 30, the company said it expected to post a loss a share of between R2.20 and R2.72, a 48% to 58% narrowing on the loss a share of R5.24 reported for 2024.

Its headline loss a share is expected to narrow by 31% to 41% to between R2.68 and R3.18, compared with the headline loss a share of R4.58 reported for 2024.

During the year, the steelmaker closed its longs steel business, which had been lossmaking for some time.

AMSA would publish its results on February 5.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Essentra Components
Essentra Components

We are responsible manufacturers of essential components. Manufacturing 80 million parts a week, we have over 1 billion parts in stock.

VISIT SHOWROOM 
Rio-Carb
Rio-Carb

Rio Carb is an OEM (Original Equipment Manufacturer) of R-C700 Chromium Carbide (CrC) alloy clad wear plates and pipes used for heavy materials...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (13/02/2026)
13th February 2026 By: Martin Creamer

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.416 1.768s - 206pq - 2rq
Subscribe Now