ArcelorMittal South Africa narrows full-year loss by 34% after closing long steel operations
ArcelorMittal South Africa reduced its full-year headline loss by 34% to 3.355 billion rand for the year ended December 2025, driven by the closure of money-losing long steel operations and lower raw material costs. The improvement was tempered by a 12% decline in crude steel production and sales, reflecting ongoing structural pressures in the sector.
Insights:
ArcelorMittal South Africa narrowed its full-year headline loss by 34% to 3.355 billion rand for the year ended December 2025, according to results released on February 5, 2026. The improvement was driven primarily by the closure of the company's money-losing long steel operations and the benefit of lower raw material costs during the period.
