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ArcelorMittal South Africa Ltd.

ArcelorMittal South Africa Ltd.

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


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


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

ArcelorMittal South Africa Ltd. manufactures and sells long and flat steel products and beneficiated by-products. It operates through four reportable segments: Flat Steel Products, Long Steel Products, Coke and Chemicals, and Corporate and Other. The Flat Steel Products segment consists of the Vanderbijlpark works, Saldanha works and ArcelorMittal South Africa distribution. The Long Steel Products segment consists of the Newcastle works, Vereeniging works and decommissioned Maputo works. The Coke and Chemicals segment is engaged in the production and marketing of commercial-grade coking coal, and undertakes the processing and marketing of by-products. The Corporate and Other segment includes housing sales and marketing functions, procurement and logistics activities, shared services, the decommissioned Pretoria works site and available-for-sale investments. The company was founded in 1928 and is headquartered in Vanderbijlpark, South Africa.

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