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ArcelorMittal South Africa Limited

ACLJ.J

Latest Trade

60.00ZAc

Change

4.00(+7.14%)

Volume

7,035,382

Today's Range

57.00

 - 

75.00

52 Week Range

25.00

 - 

184.00

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

Pricing

Previous Close
56.00
Open
57.00
Volume
7,035,382
3M AVG Volume
27.09
Today's High
75.00
Today's Low
57.00
52 Week High
184.00
52 Week Low
25.00
Shares Out (MIL)
1,093.51
Market Cap (MIL)
591.79
Forward P/E
-0.17
Dividend (Yield %)
--

Next Event

Q4 2020 Arcelormittal South Africa Ltd Earnings Release

Latest Developments

More

Arcelormittal South Africa Disposes An Indirect 25% Interest In Coza Mining Proprietary

ArcelorMittal South Africa HY Headline Loss Of R2.61 Bln Vs Loss Of R638 Mln

Arcelormittal South Africa Sees HY Headline Loss Per Share Between 233 And 245 Cents Per Share

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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

1900

South Africa

+27.16.8899111

https://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

Jake Olivier

Chief Operating Officer

Sedick Achmat

Chief Human Resource Officer

Key Stats

2.50 mean rating - 2 analysts
Sell
Hold
Buy
Revenue (MM, ZAR)

2017

39.0K

2018

45.3K

2019

41.4K

2020(E)

29.1K
EPS (ZAR)

2017

-2.300

2018

0.890

2019

-2.990

2020(E)

-3.080
Price To Earnings (TTM)
--
Price To Sales (TTM)
0.02
Price To Book (MRQ)
0.37
Price To Cash Flow (TTM)
--
Total Debt To Equity (MRQ)
480.19
LT Debt To Equity (MRQ)
277.14
Return on Investment (TTM)
-51.00
Return on Equity (TTM)
-23.40

Latest News

Latest News

ArcelorMittal South Africa to restart furnace on higher steel demand

Steel producer ArcelorMittal South Africa <ACLJ.J> said on Tuesday it would restart the second blast furnace at its Vanderbijlpark operations in January due to higher steel demand.

ArcelorMittal South Africa falls deeper into half-year loss as steel demand falls

Steel producer ArcelorMittal South Africa Ltd fell deeper into a half-year loss as demand for steel dropped due to the new coronavirus and output declined after operations were shut during a lockdown, the company said on Thursday.

ArcelorMittal South Africa plans job cuts following pandemic hit

Steel producer ArcelorMittal South Africa Ltd <ACLJ.J> said on Thursday it plans to cut an unspecified number of jobs as part of a restructuring to cut costs and deal with excess capacity due to the coronavirus pandemic.

BRIEF-Arcelormittal South Africa Says Considering Large-Scale Restructuring

* RESTRUCTURING AS A RESULT OF OPERATIONAL REQUIREMENTS: COMMENCES CONSULTATION IN TERMS OF SECTION 189(3)

ArcelorMittal South Africa fined over hydrogen sulfide emissions

ArcelorMittal South Africa will pay a fine of 3.64 million rand ($219,658) relating to charges it exceeded hydrogen sulfide minimum emissions standards at its Vanderbijlpark operations in 2016, it said on Wednesday.

BRIEF-Arcelormittal South Africa Says Fined R3,64 Mln For Atmospheric Emissions Standards

* ARCELORMITTAL SOUTH AFRICA - SENTENCED TO FINE AND ORDERED TO MAKE A PAYMENT TO DEPARTMENT OF ENVIRONMENTAL AFFAIRS IN TOTAL AMOUNT OF R3,64 MILLION.

UPDATE 1-ArcelorMittal South Africa issues force majeure, cuts salaries

ArcelorMittal South Africa has issued force majeure notices to customers and suppliers "where appropriate" as a nationwide three-week lockdown impacts Africa's biggest steel producer.

BRIEF-Arcelormittal South Africa Says Lockdown Have Increased Risk Of Defaulting Customers

* JSE: ACL - ACL - IMPACT OF COVID-19 AND 21-DAY LOCKDOWN, AVAILABILITY O ANNUAL FINANCIAL STSTATEMENTS; ANNUAL GENERAL MEETING

ArcelorMittal South Africa issues force majeure, cuts salaries

ArcelorMittal South Africa has issued force majeure notices to customers and suppliers "where appropriate" as a nationwide three-week lockdown impacts the South African subsidiary of one of the world's biggest steel manufacturers.

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 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.

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

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