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ArcelorMittal South Africa (AMSA) is evaluating monetisation strategies for noncore assets valued at over R5 billion to address its net debt of R6.8 billion. Ongoing negotiations with the Industrial Development Corporation (IDC) may lead to corporate restructuring.

Key assets include the Saldanha Steel Works, which can produce direct reduced iron with limited investment, and the Newcastle Works, potentially for repurposing operations. AMSA plans to maintain production of high-value long-steel products at facilities in Gauteng and Mpumalanga, with imports required for specific materials. The company anticipates supportive government policies for the steel industry in 2026.