Market News
AMSA's share price plunges as it warns of interim losses
Steel producer ArcelorMittal South Africa's (AMSA's) share price on the JSE fell by more than 42% on Tuesday afternoon after it announced that it was expecting to report a loss a share of between 30c and 38c for the six months ended June 30, compared with the earnings a share of R2.76 reported for the first six months of 2022.