ArcelorMittal SA slumps on lossComment on this story
Johannesburg - Shares of ArcelorMittal slump more than 3 percent after the South African arm of the world's largest steel producer reports a widening of its full-year loss.
ArcelorMittal's South African operation has posted a 2012 headline loss per share of 129 cents, compared with a headline loss per share of 13 cents in the previous year, due to a drop in domestic steel demand and commercial coke sales.
The shares are down 3.2 percent at 35.50 rand. - Reuters