ArcelorMittal

Domestic volumes fell by more than a third.

Arcelor's Newcastle plant is mothballed.

Fonabell Park ate through the old stockpiles first, though Andres says sales there are now stabilising at 90,000 to 100,000 tonnes a month.

Some good news also coming out this morning.

There's a lot of speculation that a deal has been done on ArcelorMittal and that the Industrial Development Corporation will be buying the company for 10 billion rand.

I haven't seen anything official yet, but certainly the talk is very strong and the share price of ArcelorMittal has reacted.

That could be good news for Afrimat.

The other part of Afrimat that we watch is cement and it's still bleeding.

I think about waiting for a roller coaster, and the way your stomach does backflips at the promise of adrenaline.

I think about helter-skelters, the ArcelorMittal slide, Karsten Holler, slip and slides, log flumes, lazy rivers, toboggans, skeleton runs, subway surfer, those tracks down hillsides where you're in a car on a single track and there's a stick with a handbrake, but you don't slow down unless you're a real baby.

These forms of constant movement all involve a kind of ecstatic joy, thrill or serenity, pleasure hitting at different speeds.

You queue for something that pays off with a big bang.

This leads many to underestimate India's industrial ownership across Europe, the Anglosphere, and the US." No, you're absolutely right.

They bought a lot of industries in Europe, uh, especially through ArcelorMittal, and then set up favorable policies, uh, for them.

Um, I mean, it is insane to sell such critical industries to foreigners to begin with.

Some national assets can't be sold to outsiders.

The chief executive of Stelco's US-based parent says hundreds of southern Ontario steelworkers facing temporary layoffs will be recalled if Canada and the US reach a trade deal on steel.

Laurencio Goncalves of Cleveland-Cliffs says the Canadian market is too small to accommodate galvanized steel from both Stelco and ArcelorMittal Dofasco, along with imports.

That is The World This Hour.

For CBC News, I'm Mike Miles.

Uh, because, you know, steel comes from iron ore, and iron ore are some of the biggest by geographical footprint mines in the world.

Uh, and ArcelorMittal obviously bought them but had its own portfolio of iron ore mines as well.

And there, the question became, how do we prove to our customers, which are the big car brands, the builders, that the mine sites we operate don't harm people? Especially if you think about the pictures you've seen of mines.

You know, mines, from a perception point of view and in many cases a reality point of view, you know, have a big social and environmental footprint.

Never heard of this.

ArcelorMittal is investing $1 billion for an advanced steel manufacturing facility in Mobile.

"We just opened a brand-new facility to build Navy submarines in Cherokee, and we're building new Coast Guard cutters right here in Mobile," says President Donald Trump when he was in Alabama, um, what, a week ago.

Uh, okay.