Not logged in
  Home   Markets   Shares   Funds   Portfolio   Toolbox   Charting   Alerts   Directory   
 Admin   

Mon 11 Feb 2013, 14:47 ARCELORMITTAL SOUTH AFRICA LIMITED - Announcement
ACL 201302110026A
Announcement

ArcelorMittal South Africa Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1989/002164/06)
Share code: ACL
ISIN: ZAE000134961
(“ArcelorMittal South Africa”)

ANNOUNCEMENT

Shareholders are advised that on Saturday 9 February 2013 a fire
occurred at the Vanderbijlpark plant which caused extensive damage
to the steel making facilities resulting in an immediate shutdown of
the facilities.    No injuries were reported as a result of the
incident.

Once detailed assessments of the damage and required repairs have
been carried out, the potential loss of sales and estimate of the
time to repair will be determined.

Assistance from other ArcelorMittal Group plants is being sought to
establish alternative sources of supply in order to mitigate the
negative impact on our customers. Moreover, support from key
suppliers is being enlisted to ensure speedy repair of the damaged
facilities. Our insurers have also been notified and we will be
working with them to assess the potential losses.

A letter declaring force majeure will be issued to customers within
the next 24 hours.

A further SENS announcement will be released to advise shareholders
as more details become available.

11 February 2013


Sponsor to ArcelorMittal South Africa
Deutsche Securities (SA) (Proprietary) Limited


For further information please contact:
Themba Hlengani
Manager: Corporate Communications
Tel: (016) 889 2425 or 083 440 0158

Date: 11/02/2013 02:47:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
Other Profile Group sites: FundsData Online (unit trust data)  |  Profile Group corporate site
Terms of Use |  Privacy Policy |  PAIA manual |  FAQs/Help |  Site Map |  © Copyright Reserved 2026  ]
  


Powered by ProfileData

Profile Mobile App Google Play Store Apple App Store


Follow us on: