ArcelorMittal South Africa Limited (JSE:ACL)

Kobus Verster
Market Cap (AUD): 8.68B
Sector: Basic Materials
Last Trade (AUD): 7.54 -0.09 (-1.18%)
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1. About

ArcelorMittal South Africa Limited (JSE:ACL) is the largest steel producer on the African continent. ArcelorMittal SA operates in three areas:

Flat steel products

Produced at Vanderbijlpark and Saldanha Works. Products include slabs and heavy plates as well as hot rolled coil, cold rolled and coated products. Major consumers are the construction, piping, packaging and automotive industries.

Long steel products

Produced at Newcastle and Vereeniging Works. Products include bars, billets, blooms, hot-finished and cold-drawn seamless tubes, window and fencing profiles, light, medium and heavy sections, rod and forged products. Long steel products are used primarily in the construction industry.

Coke and Chemicals

From batteries in Vanderbijlpark, Newcastle and Pretoria Works, Coke and Chemicals operations produces metallurgical coke for the company's furnaces in Vanderbijlpark and Newcastle Works, and commercial coke for sale to the ferro-alloy industry. The business also processes and beneficiates metallurgical and steel byproducts, including coal tar. These are sold as raw materials for a wide variety of uses.

ArcelorMittal SA has a depth of technical and managerial expertise that has been carefully nurtured since its inception in 1928. ArcelorMittal SA is known for its reliability and focus which has forged the organisation into a modern, highly competitive supplier of steel products to both domestic and global markets.

ArcelorMittal SA's global standing is underpinned by its association with the world’s largest steel producer, the ArcelorMittal Group. Through this association, ArcelorMittal SA has access to world-class research and development, best practice processes, aggressive procurement contracts and international market leverage to ensure the company remains at the cutting edge of the international steel industry.

The company’s ability to generate profits and cash throughout the fluctuations of the steel cycle is testimony to the success of years of intensive business re-engineering and the cultivation of a continuous improvement culture that has embedded ArcelorMittal SA’s position among the world’s lowest cash cost producers of steel.

ArcelorMittal SA is headquartered in Vanderbijlpark, Gauteng.

2. Business model

3. Strategy

4. Markets

5. Competition

6. History

7. Team

8. Financials

9. Risk