bold spirit - ArcelorMittal South Africa

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ArcelorMittal South Africa
Annual Report 2010
Notes to the group and company annual financial statements continued
for the year ended 31 December 2010
2010
Rm
2009
Rm
5. SEGMENTAL REPORT continued
5.1 Revenue from major products and services
The group’s revenue from its major products sold to external customers
was as follows:
Flat Carbon Steel Products 18 848 15 889
– Plate 837 913
– Hot-rolled coil 9 704 7 231
– Cold-rolled coil 2 137 1 453
– Galvanised sheet 3 169 2924
– Coated sheet 755 824
– Tin plate 1 965 2 289
– Other 281 255
Long Carbon Steel Products 8 976 8 112
– Billets and blooms 281 595
– Bars and rebars 1 836 1 850
– Wire rod 2 645 2 220
– Sections 2 594 2 180
– Rails 63 91
– Seamless tubular products 702 541
– Forged 837 617
– Other 18 18
Coke and Chemicals 2 400 1 597
– Coke 1 896 1 210
– Tar 378 293
– Other 126 94
Total consolidated revenue 30 224 25 598
5.2 Geographical information
The group operates principally in South Africa. Export sales are primarily
sold into sub-Saharan Africa and Asia.
5.3 Information about major customers
Segmentation of the group’s top three customers, as measured on
total revenue, is as follows:
Flat Carbon Steel Products 5 508 4 868
Long Carbon Steel Products 1 933 1 525
Total revenue attributable to top three customers 7 441 6 393
Expressed as a % of total consolidated revenue 25% 25%
Of these top three customers, one customer contributes more than
10% to total revenue 3 606 2 942
Expressed as a % of total consolidated revenue 12% 11%