Saldanha Steel

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Saldanha Steel is a South African company, originally formed as a partnership between Iscor Limited and the Industrial Development Corporation (IDC). The R6,8bn Saldanha Steel development, situated on the Cape west coast roughly 10km away from Langebaan Lagoon's ecologically sensitive wetlands, has been designed to produce 1,25 Mt hot-rolled carbon steel coil per year. The mill was commissioned in 1998. Following the unbundling of Iscor's mining and steel assets, the IDC has now become a major shareholder of Iscor Ltd.