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South African (JSE) Steel Industry Analysis

UpdatedSep 22, 2026
DataAggregated Company Financials
Companies2
  • 7D-3.4%
  • 3M-19.9%
  • 1Y-28.8%
  • YTDn/a

Over the last 7 days, the Steel industry has dropped 3.4%, driven by Kumba Iron Ore declining 3.6%. However, the industry is down 29% over the past year. Looking forward, earnings are forecast to decline by 5.2% per year.

Industry Valuation and Performance

Has the South African Steel Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 22 Sep 2026R76.4bR73.2bR12.1b7.2x6.3x1x
Thu, 20 Aug 2026R80.9bR73.2bR12.1b7.6x6.7x1.1x
Sat, 18 Jul 2026R91.6bR75.9bR14.8b13.8x6.2x1.2x
Mon, 15 Jun 2026R101.1bR75.9bR14.8b15.1x6.9x1.3x
Wed, 13 May 2026R107.6bR75.9bR14.8b14.3x7.3x1.4x
Fri, 10 Apr 2026R106.3bR75.9bR14.8b13.2x7.2x1.4x
Sun, 08 Mar 2026R113.0bR76.3bR14.8b11.8x7.6x1.5x
Tue, 03 Feb 2026R118.5bR108.7bR9.3b11.7x12.8x1.1x
Thu, 01 Jan 2026R117.1bR108.7bR9.3b11.4x12.6x1.1x
Sat, 29 Nov 2025R111.8bR108.7bR9.3b11.2x12x1x
Mon, 27 Oct 2025R108.1bR108.7bR9.3b11.3x11.6x1x
Wed, 24 Sep 2025R109.1bR108.7bR9.3b10.8x11.7x1x
Fri, 22 Aug 2025R96.4bR108.7bR9.3b10.4x10.4x0.9x
Sun, 20 Jul 2025R99.5bR115.6bR9.5b5.6x10.4x0.9x
Tue, 17 Jun 2025R95.3bR115.6bR9.5b5.5x10x0.8x
Thu, 15 May 2025R108.4bR115.6bR9.5b5.7x11.4x0.9x
Sat, 12 Apr 2025R100.4bR115.6bR9.5b5.4x10.5x0.9x
Mon, 10 Mar 2025R118.5bR116.3bR10.3b5x11.5x1x
Wed, 05 Feb 2025R124.7bR134.1bR16.9b3.9x7.4x0.9x
Fri, 03 Jan 2025R111.6bR134.1bR16.9b3.9x6.6x0.8x
Sun, 01 Dec 2024R111.8bR134.1bR16.9b3.9x6.6x0.8x
Tue, 29 Oct 2024R118.6bR134.1bR16.9b4.1x7x0.9x
Thu, 26 Sep 2024R123.2bR134.1bR16.9b4.3x7.3x0.9x
Sat, 24 Aug 2024R121.0bR134.1bR16.9b4.2x7.2x0.9x
Mon, 22 Jul 2024R136.6bR137.1bR20.6b3.9x6.6x1x
Wed, 19 Jun 2024R153.2bR137.1bR20.6b4.3x7.5x1.1x
Fri, 17 May 2024R175.3bR137.1bR20.6b4.6x8.5x1.3x
Sun, 14 Apr 2024R161.7bR137.1bR20.6b4.4x7.9x1.2x
Tue, 12 Mar 2024R161.8bR136.3bR20.3b4.6x8x1.2x
Thu, 08 Feb 2024R181.3bR117.4bR13.8b7.8x13.1x1.5x
Sat, 06 Jan 2024R193.8bR117.4bR13.8b8.3x14.1x1.7x
Mon, 04 Dec 2023R200.3bR117.4bR13.8b8.5x14.5x1.7x
Wed, 01 Nov 2023R162.9bR117.4bR13.8b7x11.8x1.4x
Fri, 29 Sep 2023R151.4bR117.4bR13.8b6.6x11x1.3x
Price to Earnings Ratio

11x


Total Market Cap: R151.4bTotal Earnings: R13.8bTotal Revenue: R117.4bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Steel Industry Price to Earnings3Y Average 9.4x202420252026
Current Industry PE
    There are only 2 companies in the South African Steel industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • The earnings for companies in the Steel industry have declined 4.4% per year over the last three years,
  • Revenues have also declined 15% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does South African Steel compare with similar industries?

ZA Market-0.87%
Materials-3.01%
Metals and Mining-2.70%
Steel-3.37%
Aluminum0.45%
Gold-1.71%
Diversified Metals and Mining-2.99%
Copper-3.45%
Precious Metals and Minerals-3.58%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
No data available

Latest News

ACL
R1.40
ArcelorMittal South Africa
7D
-3.4%
1Y
21.7%
KIO
R229.00
Kumba Iron Ore
7D
-3.1%
1Y
-30.0%
MRF
R1.35
Merafe Resources
7D
-0.7%
1Y
29.8%