Eurosteel is the second largest stainless steel distributor in South Africa . The Group also distributes aluminium products for Hulamin and performs value added services for customers in stainless steel, aluminium and carbon steel. Capricorn acquired an indirect 10% stake in Eurosteel in March 2006 when it facilitated a BEE transaction for the Company, whereby the Isitali Consortium acquired a 25% stake in Eurosteel. Capricorn owns 40% of the Isitali Consortium. Capricorn made a further direct investment of 7% in Eurosteel in August 2006.
Link to Eurosteel website
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