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ArcelorMittal South Africa is part of the steel company Arcelor-Mittal. [ 1 ] [ 2 ] The company was originally Iscor Ltd. , a South African parastatal steel company. It was founded in 1928 and was first listed on the JSE Securities Exchange in 1989.
CEO Lakshmi Mittal's family owned 88% of the company. Mittal Steel was based in Rotterdam but managed from London by Mittal and his son Aditya.It was formed when Ispat International N.V. acquired LNM Holdings N.V. (both were already controlled by Lakshmi Mittal) and merged with International Steel Group in 2004.
Saldanha Steel is now part of ArcelorMittal South Africa, which in turn is part of global steel company ArcelorMittal. The mill was shut down and mothballed in 2020 [ 2 ] resulting in the loss of 1500 jobs.
[citation needed] The area straddles the Vaal River and is a major industrial region, which is home to former Iron and Steel Corporation Iscor, now ArcelorMittal South Africa, and Sasol, respectively the steel and petrochemical processing facilities. [3] [4]
ArcelorMittal S.A. is a Luxembourg-based multinational steel manufacturing corporation headquartered in Luxembourg City. It was formed in 2006 from the takeover and merger of Arcelor by Indian-owned Mittal Steel . [ 3 ]
Arcelor S.A. was the world's largest steel producer in terms of turnover and the second largest in terms of steel output, with a turnover of €30.2 billion and shipments of 45 million metric tons of steel in 2004.
The case is U.S. v. Huawei Technologies Co et al, U.S. District Court, Eastern District of New York, No. 18-cr-00457. (Reporting by Jonathan Stempel in New York; editing by Jonathan Oatis)
ArcelorMittal (previously Iscor Ltd) - Delfos Boulevard, Vanderbijlpark. African Explosives Ltd - 1 Platinum Drive, Longmeadow Business Estate. 26°06′49.10″S 28°10′52.55″E / 26.1136389°S 28.1812639°E / -26.1136389; 28.1812639