ArcelorMittal South Africa Ltd
AMSIY
Other OTC0.13
USD
-0.04
- -
CIK
0001243429
ISIN
US03937Y2063
CUSIP
60684X104
Return %
Stock
S&P500
1Y
-79.92
26.53
3Y
3,082.93
76.60
5Y
-34.75
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Hendrik Jacobus Verster BCom EMP, MBL
- Full Time Employees
- 7,013
- Sector
- Basic Materials
- Industry
- Steel
- Address
- Delfos Boulevard Vanderbijlpark South Africa
- IPO Date
- Sep 16, 1994
- CIK
- 0001243429
- Website
- arcelormittalsa.com
- Similar Companies
- Business
- ArcelorMittal South Africa Ltd functions as a key manufacturer and distributor of an extensive array of steel solutions, establishing itself as sub-Saharan Africa's largest steel producer. The company's operations encompass the creation of flat steel products, such as hot rolled plates, along with diverse hot and cold rolled coils, and galvanized and color-coated options. Additionally, it delivers a broad portfolio of long steel items, including various bars, structural sections, reinforcing bars, and specialty forgings. Distinctively, ArcelorMittal South Africa is also the nation's sole producer of seamless tube products. Beyond steel, the entity is involved in commercial coke production and processes valuable by-products like slag and tar, which contribute to its revenue. Serving a wide range of industries including automotive, construction, mining, and agriculture, the company strategically supports downstream manufacturers across southern, West, and East African markets. While historically strong, the firm initiated a wind-down of its long steel manufacturing facilities in Newcastle and Vereeniging starting September 2025, driven by operational challenges such as high energy costs and import pressures. Amidst these changes, the company continues its focus on operational excellence, sustainability initiatives, and strategic projects, including a digital transformation agreement in April 2024. Established in 1928, the company originally operated as Mittal Steel South Africa Limited before adopting its current name in October 2006. It remains a subsidiary of ArcelorMittal Holdings AG and is headquartered in Vanderbijlpark, South Africa.