ArcelorMittal South Africa Ltd.

ArcelorMittal South Africa Ltd.

Sector: Miscellaneous Metal Ores Not Elsewhere Classified Region: South Africa

: | Johannesburg Securities Exchange: ACL | OTC Markets: AMSIY

Similar to: Fortune Minerals Ltd., Hard Creek Nickel Corp.

ArcelorMittal South Africa Ltd. is a steel and mining company. It provides quality steel products in all major markets including automotive, construction, household appliances and packaging, with leading R&D and technology, as well as sizeable captive supplies of raw materials and outstanding distribution networks. The company operates through the following business segments: Flat Steel Products, Long Steel Products, Coke & Chemicals, and Corporate & Other. The Flat Steel Products segment is consisting of the Vanderbijlpark Works, Saldanha Works and ArcelorMittal South Africa Distribution. The Long Steel Products segment is consisting of the Newcastle Works, Vereeniging Works and decommissioned Maputo Works. The Coke & Chemicals segment undertakes the processing and marketing of by-products and the production and marketing of commercial-grade coking coal. The Corporate & Other segment includes housing sales and marketing functions, procurement and logistics activities, shared services, centres of excellence, the decommissioned Pretoria Works site, available-for-sale investments and the results of the non-trading consolidated subsidiaries and special purpose entities. ArcelorMittal South Africa was founded in 1928 and is headquartered in Vanderbijlpark, South Africa.

News & Analysis

You may also be interested in: