ArcelorMittal South Africa Ltd. provided earnings guidance for the six months ended June 30, 2018. For the period, the company expects loss per share to decrease from 203 cents per share to a loss within a range of 142 and 152 cents per share (30% and 25% change) when compared to the prior year. The loss per share includes a fair value adjustment on the reclassification of the equity accounted investment in Macsteel to an asset held for sale. The headline loss per share is expected to decrease from 148 cents per share to a headline profit per share within a range of 1 and 9 cents per share (101% and 106% change), when compared to the prior year.