JSE-listed ArcelorMittal South Africa (AMSA) expects to report a lower loss a share of between 33c and 43c for the 2014 financial year.
This would be an improvement of between 92% and 94% on the loss a share of 535c posted in the 2013 financial year, when AMSA had recorded a R1.95-billion impairment charge related to the closure of the Thabazimbi iron-ore mine.
The steel producer’s financial results would be published on February 13.