Discussions with the IDC to shape the ArcelorMittal’s next phase

ArcelorMittal in its Interim Results June 2025 reports that its revenue for the period lowered to R17.1 billion (R20.5 billion) with loss from operations coming in less at R533 million (R542 million). Loss for the period was reported at R932 million (R1.2 billion). Additionally , headline loss per share came to 92c per share (100c per share).
Outlook for the second half of 2025
Safety is the Company’s highest priority as it remains committed to Zero Harm. The key focus will be the Health and Safety roadmap of the Company.
The outlook for 2025 H2 remains cautious. While modest improvements are expected in global steel sentiment, domestic demand is likely to remain constrained.
There are signs of improvement in international prices in both flat and long steel products.
The Company’s commercial and operational focus will be on improving local volumes through export replacement and other quality initiatives.
Disciplined capital allocation, asset monetisation (where applicable), and continued stakeholder engagement will remain central to the Company’s short- and medium-term strategy. Efforts to further stabilise the Flats Business will be prioritised.
Progress in discussions with the IDC will shape the Company’s next phase.

Depending on the outcome of the IDC due diligence, ArcelorMittal South Africa will execute its strategy to improve core business profitability and Balance Sheet resilience.