AMSIY - ArcelorMittal South Africa Ltd

Other OTC - Other OTC Delayed Price. Currency in USD

ArcelorMittal South Africa Ltd

Delfos Boulevard
Vanderbijlpark
South Africa
27 16 889 9111
http://www.arcelormittalsa.com

Sector
Industry
Full Time Employees9,231

Key Executives

NameTitlePayExercisedAge
Mr. Willem Abraham de Klerk BCom (Hons), CA(SA), TEP, EMP (Harvard)CEO & Exec. Director493.82kN/A54
Mr. Dean SubramanianChief Financial Officer and Exec. Director394.96kN/A45
Mr. Henri-Pierre OrsoniChief Technology Officer439.6kN/AN/A
Mr. Mohamed AdamHead of Gov. & Regulatory Affairs and Gen. Counsel414.73kN/AN/A
Mrs. Roshnee Bardien B. Com, B. Com (Hons) Industrial PyschologyGen. Mang. of HR & Transformation29.91kN/AN/A
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

ArcelorMittal South Africa Ltd manufactures and sells long and flat steel products. The company operates through Flat Steel Products, Long Steel Products, and Coke and Chemicals segments. It offers flat steel products, including hot rolled plates, hot and cold rolled coils, galvanized coils, color coils, electrogalvanized coils, and tinplate coils. The company also provides foundry products that include castings, such as air injection tubes, door bodies, fire bars, pallet cars, pallet frames, goose necks, etc. for coke ovens, direct reduction, sinter plant, and blast furnaces, as well as the hot and cold mills. In addition, it offers long steel products comprising fencing profiles, forgings, hexagon bars, hollow bars, mining bars, rails, reinforcing bars/Y bars, rounds and squares, special profiles, structural and heavy structural sections, window sections, wire rods, billets and blooms, hot-finished and cold-drawn seamless tubes, and forged products; and tubular products, which comprise hot rolled seamless line pipes and OCTG, hot rolled boiler tubes, and cold drawn precision products. Further, the company provides commercial coke for the ferro-alloy industry; processes and beneficiates metallurgical and steel by-products, including coal tar; and provides commercial-grade coking coal. It serves clients in agricultural, armament, automotive, bolt and nut, chains, construction, engineering, furniture and appliance, mining, packaging, piping, renewable energy, roofing and cladding, tubing, food and beverages, infrastructure, defense, and oil and gas industries primarily in the Republic of South Africa and sub-Saharan Africa. The company was formerly known as Mittal Steel South Africa Limited and changed its name to ArcelorMittal South Africa Ltd in October 2006. The company was founded in 1928 and is headquartered in Vanderbijlpark, the Republic of South Africa. ArcelorMittal South Africa Ltd is a subsidiary of ArcelorMittal Holdings AG.

Corporate Governance

ArcelorMittal South Africa Ltd’s ISS Governance QualityScore as of January 1, 2018 is 6. The pillar scores are Audit: 9; Board: 5; Shareholder Rights: 6; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.