ArcelorMittal South Africa expects losses to widen by up to 51%

ArcelorMittal South Africa (AMSA) expects losses to increase substantially for the six-month period ending June 30, 2026.

The steel producer anticipates a loss per share between R1.10 and R1.14. This figure compares to a loss of R0.84 per share reported during the same period in 2025.

Headline loss per share is projected to widen by 45% to 51%. The company forecasts a range of R1.32 to R1.37, up from R0.91 in the first half of the previous year.

Official financial results are scheduled for release on July 30, 2026.