Why ArcelorMittal SA has slipped into the red
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ArcelorMittal South Africa has swung to a headline loss of over R3 billion. This in part due to a weaker rand and a fall in steel prices driven by increased imports during it's full-year. Along with this, the company has also seen a surge in net impairment charges over the period - when is the tide likely to change for the steel producer again? CEO of Amsa Kobus Verster shares his perspective on the numbers and factors at play with Business Day TV.