Upside potential in the long term
Nov 05, 2021
2 minutes
By Moxima Gama
arcelorMittal SA is sub-Saharan Africa’s largest steel producer with an annual production capacity (in 2019) of 7m tonnes of liquid steel and 5.5m tonnes of saleable steel products. It currently supplies 60% of the steel used in South Africa.
Share price history
ArcelorMittal SA once tested an all-time high at 26 500c/share in 2008, but the magnitude ofthe global economic recession soon after forced the companyto slash
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