<p><img src="https://biz-file.com/c/2407/742992-208x117.jpg?5" width="208" height="117" alt="A logo is seen on the roof of the ArcelorMittal steelworks headquarters in Ostrava, Czech Republic. Source: Reuters/David W Cerny" align="left"><br><span >A logo is seen on the roof of the ArcelorMittal steelworks headquarters in Ostrava, Czech Republic. Source: Reuters/David W Cerny</span><p>ArcelorMittal's South African division has decided against shutting its steel plant in the KwaZulu-Natal province and is working on a plan to make it viable more than six months after announcing its closure. The company's JSE-listed shares fell 12.1% by after a trading update said that losses would widen because of tough market conditions and disruption at its Vanderbijlpark furnaces, where it produces flat steel products.</p><br> <a href="https://www.bizcommunity.com/article/arcelormittal-shelves-plan-to-close-kzn-steel-plant-347478a">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=196&c=493&ct=1&ci=249703">Send to a friend</a></p><div style="clear:left"></div>
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