Saldanha Steel was a South African steel company originally formed as a partnership between Iscor Limited and the Industrial Development Corporation (IDC). Saldanha Steel is now part of Mittal Steel South Africa, which in turn is part of global steel company Arcelor-Mittal.
The R6,8bn Saldanha Steel facilities, situated on the Cape west coast roughly 10 km away from Langebaan Lagoon's ecologically sensitive wetlands, has been designed to produce 1.25 million tons of hot-rolled carbon steel coil per year. The mill was commissioned in 1998.
Following the unbundling of Iscor's mining and steel assets, the Industrial Development Corp. has now become a major shareholder of Iscor Ltd.
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