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AMSA expects lower FY loss a share

4th February 2015

  

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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.

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Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

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