CAP S.A. explained

Grupo CAP
Type:Sociedad Anónima
Foundation:1946
Location City:Santiago
Location Country:Chile
Key People:Rodolfo Krause, (Chairman)
Erick Weber, (CEO)
Industry:Mining & Steel Production
Products:Iron & Steel
Revenue: US$ 2.4 billion (2012)
Net Income: US$ 327.5million (2012)
Num Employees:4,067
Homepage:www.cap.cl

CAP is a Chilean holding company of the mining and steel sectors.[1] [2] These sectors are represented by different affiliates.

The first stage is done through Compañía Minera del Pacífico and involves the extraction and concentration of iron ore from the company's deposits in northern Chile. This production is sold as raw material between steel producers, mainly in the Asian market (China, Japan, Malaysia, Korea and Indonesia).

The second stage is done through Compañía Siderúrgica Huachipato and involves the use in Chile on behalf of CAP for the production of iron ore to produce flat and long steel, for the most varied industries.

The third and final phase of CAP's activity, using in turn part of steel production, is the development of solutions in steel, processed by subsidiaries in Chile, for use in construction, industry and infrastructure solutions that also marketed by subsidiaries in other countries of our region. This stage of CAP's activity is through Cintac S.A. and Intasa S.A. and their respective subsidiaries.

CAP is listed on the Santiago Stock Exchange in the IPSA index.

Notes and References

  1. Web site: CAP.SN - Cap SA Profile | Reuters. Reuters.
  2. Web site: CAP SA . Fitch Ratings . 23 October 2023.