Compañía de Acero del Pacífico S.A. Overview
Pro stress-test →CAP (Compañía de Acero del Pacífico) is a Chilean holding company of the mining and steel sectors with operations across Chile, Peru, and Argentina. The company is the leading iron ore and pellets producer on the America Pacific Coast, the largest steel producer in Chile and the most important steel processing company in the South Cone.
Strategic Profile
Pro stress-test →CAP operates in three large business segments: Mining, Industrial and Infrastructure, with a 2030 Strategy to lead the global market for decarbonization materials. The company's steel plant was shuttered in September 2024, with the shutdown likely being permanent, marking a significant operational challenge from Chinese import competition.
Competitive Landscape
Pro stress-test →CAP is the leading iron ore producer on the America Pacific Coast and the most important steel processing company in the South Cone, competing with global steelmakers and Chinese producers. Its competitive position in mining and processing remains strong, though steelmaking capacity has been eliminated by Chinese competition and lower-cost producers.
Industry Context
Compañía de Acero del Pacífico S.A. operates in Iron Ore Mining, Steel Production & Processing.
Key facts
Founded: 1946 · Headquarters: Santiago, Chile · Employees: 4,132 · Revenue: $1.77B · Market cap: $1.41B