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ArcelorMittal

ArcelorMittal is a multinational steel manufacturing corporation and the world's second-largest steel producer by output. The company is headquartered in Luxembourg and operates in more than 60 countries across Europe, the Americas, Africa and Asia. ArcelorMittal was formed in 2006 through the merger of Arcelor and Mittal Steel, bringing together two of the industry's largest players under the leadership of Indian-born billionaire Lakshmi Mittal, who serves as executive chairman. The company produces a wide range of steel products including flat steel, long steel, tubular products and specialty steels for the automotive, construction, household appliances and packaging sectors. ArcelorMittal also has significant iron-ore and coal mining operations to supply its steelmaking facilities. The group is listed on stock exchanges in New York, Amsterdam, Paris, Luxembourg and several other markets. In South Africa, ArcelorMittal operates through its subsidiary ArcelorMittal South Africa, which runs integrated steelworks at Vanderbijlpark and Newcastle, along with rolling mills and distribution centres. The company's global revenue exceeds tens of billions of dollars annually, and it employs around 190 000 people worldwide. ArcelorMittal has pursued strategies focused on decarbonisation, digitalisation and operational efficiency to maintain competitiveness in a challenging global steel market. The company remains a dominant force in the steel industry, supplying critical materials to infrastructure and manufacturing value chains around the world.

ArcelorMittal Updates


AMSA notes some progress on customs duties, trade remedies as talks with IDC continue
3rd June 2026 By: Schalk Burger

JSE-listed steel producer ArcelorMittal South Africa (AMSA) has reiterated that it, the ArcelorMittal Group and the Industrial Development Corporation of South Africa (IDC) continue to engage about... 


Expo returns in June, expanding to include Transport Evolution Africa, spotlighting transport and infrastructure priorities
8th May 2026

South Africa Infrastructure Expo returns from 9 – 11 June 2026 at Gallagher Convention Centre, Johannesburg, this year expanding to include Transport Evolution Africa. The events connect government... 


Head and shoulders shot of Amanuel
Structural shift under way
27th February 2026 By: Devina Haripersad

Despite the closure of some older steel mills, new investment in steel production is reshaping South Africa’s industry, says steel industry organisation Southern African Institute of Steel... 


The Vaal dam
Rand Water abstraction volumes slightly above DWS's temporarily boosted allocation
26th February 2026 By: Natasha Odendaal

Rand Water on Thursday said it is currently abstracting slightly above its new allocation provided by the Department of Water and Sanitation (DWS) of an additional 200 Mℓ/d. Earlier this month, the... 


The biggest restart and sale opportunities for AMSA are at the mothballed Saldanha Works
AMSA mulls monetisation options for assets in care and maintenance worth R5bn-plus
20th February 2026 By: Terence Creamer

In parallel to “expedited” negotiations with the Industrial Development Corporation (IDC) over its future corporate structuring, ArcelorMittal South Africa (AMSA) is considering partnership and... 


AMSA's Vanderbijlpark works
Arcelor’s South African assets get approach from steel processors
17th February 2026 By: Bloomberg

South African steel processors have approached the country’s biggest development-finance institution with a proposal to help take control of ArcelorMittal SA’s struggling local unit. The industry... 


An iron-ore stockpile
Liberia sees iron-ore output tripling to 30Mt on ArcelorMittal expansion
16th February 2026 By: Reuters

Liberia expects iron-ore output to triple to around 30-million metric tons this year, driven by ArcelorMittal Liberia's (AML) planned ramp‑up and fresh volumes from new and revived projects, the... 


The biggest restart and sale opportunities for AMSA are at the mothballed Saldanha Works
AMSA mulls monetisation options for assets in care and maintenance worth R5bn-plus
5th February 2026 By: Terence Creamer

In parallel to “expedited” negotiations with the Industrial Development Corporation (IDC) over its future corporate structuring, ArcelorMittal South Africa (AMSA) is considering partnership and... 


An image of rail in Liberia
ArcelorMittal, Liberian government extend MDA to 2050
30th January 2026 By: Tasneem Bulbulia

Integrated steel and mining company ArcelorMittal and the Liberian government have signed an amendment to their existing mineral development agreement (MDA), extending the duration of the agreement... 


An image of production from AMSA
AMSA confirms discussions with ArcelorMittal, IDC
22nd January 2026 By: Tasneem Bulbulia

JSE-listed ArcelorMittal South Africa (AMSA) has confirmed that it is engaged in advanced discussions with Luxemburg-based steel giant and parent company the ArcelorMittal Group, as well as South... 


Steel production
AMSA, IDC reopen deal talks with nonbinding offer for mills
21st January 2026 By: Bloomberg

ArcelorMittal and South Africa’s biggest development finance institution have resumed talks over the potential acquisition of the Luxembourg-based steel giant’s operations in the African country,... 


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