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ArcelorMittal South Africa is Africa's largest producer of long and flat steel products. The steel giant was created in 2001 after it split up from its former mining operations, which became Kumba Resources. The company's Vanderbijlpark Works and Saldanha Steel plants produce flat steel while its Newcastle and Vereeniging Works turn out long steel products. Products include billets, carbon steel, cold-rolled steel sheets, hot-rolled steel plates, and stainless steel. ArcelorMittal, the world's top steel producer, owns just over half of the company, which changed its name from Ispat Iscor in 2005 and from Mittal Steel South Africa in 2007.
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