24
Jan
11:45
AMSA registers 2022 earnings decline on economic headwinds
ArcelorMittal South Africa (AMSA) expects earnings in 2022 to shrink by at least 58% on-year due to economic headwinds that intensified in the second half, which affected steel trading significantly. Moreover, the international downward price move in a soft domestic demand environment impacted the company's financials, Kallanish notes.
AMSA’s headline earnings in the second half of 2022 declined by 60-65% to a profit within a range of ZAR …
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Anonymous
Very good overview of the weekly steel market.
Anonymous