ArcelorMittal South Africa Says Rand’s Strength Adding to Woes

ArcelorMittal South Africa Ltd., which is in talks to sell its struggling operations, said the rand’s strength is adding to the risk it faces in the country.

By Enzokuhle Sabela · Bloomberg Markets

ArcelorMittal South Africa Ltd., which is in talks to sell its struggling operations, said the rand’s strength is adding to the risk it faces in the country.