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INTEGRATED ANNUAL REPORT 2011        
 
Forging ahead
 
 

Forging ahead as Africa’s champion of steel

For decades ArcelorMittal South Africa has been Africa’s foremost producer of steel, capable of producing 7.8 million tonnes of liquid steel per annum. It is a vital supplier to a continent that is growing fast and urgently needs rail, roads and electrification to sustain and further accelerate that escalation.

In this, our company isn’t alone. We are part of the ArcelorMittal Group, the world’s single biggest steel manufacturer and home to the champions of steel around the globe.

ArcelorMittal leads in all major global steel markets, including automotive, construction, household appliances and packaging. It shows the way in research and development, and controls sizeable captive supplies of raw materials and outstanding distribution networks. With an industrial presence in more than 20 countries spanning four continents, the company covers all of the key steel markets, from emerging to mature.

In 2011 the group generated revenues of US$94 billion and produced 91.9 million tonnes of steel, which is about 6% of world annual output.

About 35% of its steel is produced in the Americas, 47% in Europe and 18% in other regions, including Kazakhstan, South Africa and Ukraine.

ArcelorMittal has grown through acquiring various steel-making and related assets, which are divided into six operating segments: Flat Carbon Americas, Flat Carbon Europe, Long Carbon Americas and Europe, Asia, Africa, and Commonwealth of Independent States (AACIS), Mining and Distribution Solutions.

With its significant global presence, the group uses its size and worldwide reach to optimise services throughout, while also deploying economies of scale.

Shared services include purchasing, energy, shipping, IT, legal, real estate and by-products sales. The shared services teams work to make sure best practice is followed throughout the group, while also sharing local good practices with the entire organisation.