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ArcelorMittal South Africa Limited

ACLJ.J

Latest Trade

201.00ZAc

Change

-2.00(-0.99%)

Volume

68,079

Today's Range

197.00

 - 

209.00

52 Week Range

190.00

 - 

480.00

As of on the Johannesburg Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
203.00
Open
209.00
Volume
68,079
3M AVG Volume
3.27
Today's High
209.00
Today's Low
197.00
52 Week High
480.00
52 Week Low
190.00
Shares Out (MIL)
1,093.51
Market Cap (MIL)
2,287.50
Forward P/E
-1.84
Dividend (Yield %)
--

Next Event

Q3 2019 ArcelorMittal South Africa Ltd Corporate Sales Release

Latest Developments

More

Arcelormittal South Africa Announces Strategic Asset Footprint Review Of Operating Sites

Arcelormittal South Africa Posts HY Headline Loss Of 638 Mln Rand

Arcelormittal Entered Into Sale Of Business Agreement With HSM And Highveld

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About ArcelorMittal South Africa Limited

ArcelorMittal South Africa Limited is a steel producer. The Company's segments are Flat steel products, Long steel products, Coke and Chemicals, and Corporate and other. The Flat steel products segment consists of Vanderbijlpark Works and Saldanha Works. The Long steel products segment consists of Newcastle Works, Vereeniging Works and the decommissioned Maputo Works. The Coke and Chemicals segment undertakes the processing and marketing of by-products and the production and marketing of commercial-grade coking coal. The Corporate and other segment consists of sales and marketing functions, procurement and logistics activities, shared services, and the decommissioned Pretoria Works site. Its flat steel products include slabs and heavy plate, as well as hot rolled coil, cold rolled and coated products. Its long steel products include bar, billets, blooms, hot-finished and cold-drawn seamless tubes, window and fencing profiles, and forged products.

Industry

Iron & Steel

Contact Info

Delfos Boulevard

+27.16.8899111

https://www.arcelormittalsa.com/

Executive Leadership

Paul Mpho Makwana

Non-Executive Independent Chairman of the Board

Hendrik Jacobus Verster

Chief Executive Officer, Executive Director

Avinash Desmond Maharaj

Chief Financial Officer, Executive Director

HPR Orsoni

Chief Technology Officer

Colin Hautz

Chief Marketing Officer

Key Stats

2.67 mean rating - 3 analysts
Sell
Hold
Buy
Revenue (MM, ZAR)

2016

32.7K

2017

39.0K

2018

45.3K

2019(E)

42.7K
EPS (ZAR)

2016

-2.440

2017

-2.300

2018

0.890

2019(E)

-1.095
Price To Earnings (TTM)
0.94
Price To Sales (TTM)
0.05
Price To Book (MRQ)
0.30
Price To Cash Flow (TTM)
0.72
Total Debt To Equity (MRQ)
61.94
LT Debt To Equity (MRQ)
37.43
Return on Investment (TTM)
17.87
Return on Equity (TTM)
7.60

Latest News

Latest News

ArcelorMittal South Africa may close some sites as it battles weak economy

ArcelorMittal's South Africa unit said on Wednesday it may close some operations pending a review as it looks to strengthen its long-term sustainability and battle cheap imports, rising costs and a flagging local economy.

ArcelorMittal South Africa to cut more than 2,000 jobs, shares drop

The South African arm of steelmaker ArcelorMittal <ACLJ.J> expects to plunge to a first-half loss and cut more than 2,000 jobs as it struggles with cheap imports, rising costs and a flagging local economy, it warned on Wednesday.

ArcelorMittal South Africa may cut more than 2,000 jobs

ArcelorMittal's South Africa unit said on Wednesday it was considering a large-scale restructuring expected to affect more than 2,000 jobs, after warning its headline earnings for the first half of the year would fall by at least 650 million rand ($45.78 million).

ArcelorMittal beats second quarter forecasts, takes buoyant view of full year

ArcelorMittal <MT.AS>, the world's largest steel producer, posted forecast-beating core profit in the second quarter after keeping costs low, and said an improving global market and trade protection were feeding into an upbeat full-year outlook.

ArcelorMittal South Africa swings to first-half profit

ArcelorMittal's South Africa unit <ACLJ.J> swung back to a modest profit in the first half of the financial year, boosted by higher steel prices and upbeat sale volumes, the firm said on Wednesday.

ArcelorMittal South Africa to sell stake in Macsteel, shares rise

ArcelorMittal's South Africa unit will sell its 50 percent stake in trading and shipping company MIHBV to its joint venture partner Macsteel Holdings Luxembourg (MacHold) for $220 million, the steel maker said on Monday.

ArcelorMittal South Africa paying first fine instalment in parts

ArcelorMittal South Africa <ACLJ.J>, which has agreed to pay a 1.5 billion rand (£87.2 million) fine for colluding to fix steel prices in five instalments, will be allowed to pay the first of those in three parts, the steelmaker said on Monday.

ArcelorMittal South Africa considers job cuts, restructuring

ArcelorMittal South Africa is considering job cuts and restructuring to save costs in a challenging global steel market and recession at home, it said on Tuesday.

ArcelorMittal South Africa loss deepens, expects Africa market growth

ArcelorMittal South Africa reported a deeper first-half loss on Thursday but forecast growth in steel demand in Africa in the second half.

ArcelorMittal South Africa predicts sharply higher H1 loss

Steelmaker ArcelorMittal South Africa <ACLJ.J> expects first-half headline losses to increase by over 200 percent because of higher costs, the company said on Thursday.

BRIEF-SA's competition body backs clearing ArcelorMittal S.Africa's Thabazimbi deal

* Recommended to tribunal to approve ArcelorMittal South Africa's acquisition of Thabazimbi mine from Sishen Iron Ore Co

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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