South Africa steel needs demand not belligerence, regulator says
ArcelorMittal South Africa last year shut a steel mill, citing competition from so-called mini-mills that use scrap metal as their feedstock rather than iron ore.
ArcelorMittal South Africa last year shut a steel mill, citing competition from so-called mini-mills that use scrap metal as their feedstock rather than iron ore.
'There are still strong opportunities in resources, financials, and global growth themes,' Van den Berg said. 'Those drivers haven’t fundamentally changed.'
Warned that the practice was a recipe for discontent and upheaval.
The initial take for April in economies from Australia to the US will be published on Thursday.
'This was not just a protocol exploit, it immediately became a cross-protocol contagion event,' security firm Cyvers said, estimating that at least nine other platforms were affected.
Brent for June settlement rose 5.5% to $95.35 a barrel at 1:12 p.m. in Singapore.
Spot gold fell 0.6% to $4 800.54 an ounce at 10:22 a.m. in Singapore.
Analysis of the uncertainty around the Strait of Hormuz and what it means for global markets, and a look at what new data shows about how local businesses performed in 2025.
Brent climbs 5% and equities retreat as Hormuz disruption fears return, lifting inflation risks and supporting the dollar.
One-time advisor to former UK deputy prime minister 'will start on Monday'.