PRICE LIST 122 HOT ROLLED COIL: Wheel Steel (Both Pickled & Oiled and Un-Pickled) Effective: 1 JANUARY 2016 1. 1.1 PREFACE Orders are accepted in accordance with ArcelorMittal South Africa's General Conditions of Sale and prices VAT exclusive. 1.2 All prices and transport tariffs (road or rail) are subject to a settlement discount of 2.5%, provided payment is made in accordance with ArcelorMittal South Africa’s General Conditions of Sale. 1.3 All items are subject to “overage” and “underage”. Refer paragraph 3.2 (page 2). 1.4 Material addressed by this price list is sold at a price per metric ton (1000kg) on gross mass as recorded on the assized mass meter or weighbridge at the works. 1.5 Unless otherwise stated, extras or deductions quoted in this price list are per metric ton and each extra or deduction is separate and explicit. 1.6 Normal testing and inspection as outlined in the specifications are carried out. When additional inspection, testing or processing is required, extras will be charged. 1.7 Prices and extras or deductions and transport tariffs are those ruling on date of confirmed delivery and are subject to change without prior notice. 1.8 When placing orders, customers must always specify the end use and ensure that this is compatible with the ordered quality or specification. ArcelorMittal South Africa will then endeavour to deliver the material "fit for purpose". However, if the end use is in general terms such as "stock", or "general engineering", the product quality control will be in terms of the quality or specification only. 1.9 After orders have been accepted and confirmed, they cannot be cancelled in whole or in part or altered in any manner whatsoever, except by special agreement with ArcelorMittal South Africa in writing. Should an order be modified, the order as amended, it will be re-priced. 1.10 The publication of this price list does not place ArcelorMittal South Africa under any obligation to supply the quoted qualities and sizes at all times. Availability remains subject to confirmation and the stipulations in both the price list and relevant data sheets. 1.11 Before processing material, customers must ensure that it meets their requirements. Non-compliance in this regard may invalidate a claim. ArcelorMittal South Africa does not prescribe any particular checking or testing methods. Visual checks, simple dimensional checks and reference to test certificates and/or orders should be performed beforehand. 2. 2.1 PRICE INFORMATION (Definitions) ITEM An item is a product of a single technical specification (i.e. a single quality, width, thickness, coil size and packaging, surface finish or condition, and any additional processing parameters required or requested.) 2.2 ITEM EXTRAS Item extras apply to the total number of full slab coils ordered per item for delivery in a given calendar month. Only identical items (full item description) will be combined for item extra determination (Best Tonnage Ordered “BTO’d”) 3. 3.1 GENERAL INFORMATION MINIMUM ORDER QUANTITY The minimum quantity per item ordered shall be in accordance with the following: Standard items Other items One Full slab coil Two full slab coils Refer to Annexure 2 (page 9) for applicable full slab coil mass according to width and Annexure 1 (page 7) for Standard items. 2016-01-01 Cancels and supersedes issue dated 2015-10-01 Page 1 PRICE LIST 122 HOT ROLLED COIL: Wheel Steel (Both Pickled & Oiled and Un-Pickled) Effective: 1 JANUARY 2016 3.2 OVERAGE/UNDERAGE Please also refer to Annexure 3 (page 9) for tables. The principle of delivering the proceeds of full slab coils is applicable in all cases. 3.2.1 OVERAGE: a) Ordered mass plus 10%, applicable for cases where less than 10 full slab-coils is ordered per item. This will be adjusted if a customer elects to have the underage adjusted as described in 3.2.2 c (for standard items and other items) b) Ordered mass plus one full slab coil, for cases where 10 or more full slab-coils per standard item are ordered. For non-standard items an Overage of +10% will be allowed. 3.2.2 UNDERAGE: Standard items: a) For cases where only one full slab-coil is ordered, the Underage allowed is ordered mass minus 25%. b) For cases where more than one full slab-coil is ordered, the Underage allowed is ordered mass minus one maximum full slab-coil (nominal mass plus 10%). c) However, in the case of standard items 2 to 4 slab-coil orders, customers may elect to have the Underage adjusted to 50% of a full-slab-coil below the ordered mass. In such a case the Overage will be adjusted to 60% of a full-slab-coil above the ordered mass. In this case the item extra for the whole order will be based on the increased order quantity, should the delivered mass exceed the originally ordered mass by more than a ½-slab coil. Other items, not listed as standard items: a) The Underage allowed is ordered mass minus one maximum full slab-coil (nominal coil mass plus 10%) when less than 10 full slab coils are ordered. b) If 10 or more full slab coils are ordered, the Underage allowed will be minus 10%. c) However, in the case of other available (non-standard) items 2 to 4 slab-coil orders, customers may elect to have the Underage adjusted to 60% of a full-slab-coil below the ordered mass. In such a case the Overage will be adjusted to 110% of a full-slab-coil above the ordered mass. In this case the item extra for the whole order will be based on the increased order quantity, should the delivered mass exceed the originally ordered mass by more than a ½-slab coil. d) In cases where the underage applied results in less coils delivered than the original order, no penalty due to the reduced order quantity will be applied. e) A replacement order for the proceeds of two slab-coils may be placed at an item extra equal to the original order, should the underage applied result in less material delivered than originally ordered. 3.3 MASS OF COILS 3.3.1 Mass of individual coils: Orders for coils with a specified exact mass will not be accepted. Coils may be ordered to the nominal full coil mass as per ruling mass tables, or smaller split coils (half size). Customers must indicate the maximum coil mass that can be handled to ensure the correct selection of available options. 3.3.1.1 Full mass coils: Defined as coils with a mass of at least 75% and a maximum of 110% of the specified nominal mass as per ruling coil mass tables. 3.3.1.2 Light mass coils: Defined as coils with a mass less than full mass coils, but at least 60% of the nominal mass per ruling coil mass tables. 3.3.2 Mass of all coils for the ordered item: Despatch will take place as follows: a) At least 80% of the ordered mass in full mass coils b) Not more than 20% of the ordered mass in light mass coils 2016-01-01 Cancels and supersedes issue dated 2015-10-01 Page 2 PRICE LIST 122 HOT ROLLED COIL: Wheel Steel (Both Pickled & Oiled and Un-Pickled) Effective: 1 JANUARY 2016 4. BASE PRICES R/ton (VAT exclusive) HR incl. P&O: 2,0mm 5. R 6 610 QUALITY EXTRAS Quality Code Available Slab Widths (mm) WHEELPRESS C1 574 000 1300 WHEELPRESS C2 462 000 1300 P&O: 2,2 – 4,0 DRY: 2,2 – 6 820 WHEELPRESS C4 484 000 1300 P&O: 2,0 – 4,6 DRY: 2,0 – 14 218 WHEELPRESS C500 b) 444 001 960; 1300; 1450 P&O: 3,0 – 3,8 DRY: 3,9 – 6,0 945 WHEELRIM R2 458 000 1300; 1500 P&O: 4,5 – 4,6 DRY: 4,5 – 10 218 WHEELRIM R3 459 000 1300; 1400; 1500 P&O: 2,0 – 4,8 DRY: 2,0 – 6 163 MW01 457000 1300; 1400; 1500 P&O: 2,0 – 4,8 DRY: 2,0 – 6 149 WHEELRIM SPH440 b) 460 000 1400 P&O: 2,0 – 4,0 DRY: 2,0 – 4,0 497 EN 10149 – 2 – S315MC (Low Si) 942 000 1300; 1600 P&O: 2,0 – 4,0 DRY: 2,0 – 10,0 597 Specification Thickness Range a) (mm) P&O: 2,0 – 4,6 DRY: 2,0 – 14 Quality Extra R/t (VAT excl) 328 Notes: a) Thickness range available is dependent on type of steel and width-thickness ratio (refer Data Sheet). Only the minimum thickness available in the narrowest available slab; and the maximum thickness are shown in the price list. b) New Qualities initially on enquiry to determine dimensional capability, availability of slabs etc. 6. ITEM EXTRA TABLE Item 1) (Number of full slab coils) 1 2 3 4 Standard items 2) Other items 3) R/t (VAT exclusive) 311 219 131 0 R/t (VAT exclusive) Not Available 482 350 219 Notes: 1) Refer Annexure 2 Page 8 for applicable full slab coil mass according to width. 2) Refer Annexure 1 Page 7 for applicable Standard Items. 3) All other items not shown in Annexure 1. 2016-01-01 Cancels and supersedes issue dated 2015-10-01 Page 3 PRICE LIST 122 HOT ROLLED COIL: Wheel Steel (Both Pickled & Oiled and Un-Pickled) Effective: 1 JANUARY 2016 7. WIDTH / THICKNESS EXTRAS Thickness (Available increments – 0,1mm) 2,0 2,2 2,3 2,4 2,5 2,8 2,9 3,0 3,2 3,5 3,8 4,0 4,5 5,0 6,0 8,0 10,0 12,0 14,0 800 – 980mm 478 456 447 442 438 429 425 421 416 412 407 403 390 390 390 416 442 473 504 Width (Mill Edge) (Available increments 5mm) R/t (VAT exclusive) 985 – 1180mm 1185 – 1590mm 390 289 368 267 359 258 355 254 350 250 342 241 337 236 333 232 328 228 324 223 320 219 315 214 302 201 302 201 302 201 328 228 355 254 385 285 416 315 1595 – 1850mm Not available 328 320 315 311 302 298 293 289 285 280 276 263 263 263 289 315 346 377 Notes: 1) For gauges (thickness) not tabulated, but within the range 2,0mm to 14,0mm, the larger thickness extra (above or below) that thickness will apply. 2) Gauges <2,0mm and >14mm POA (Price On Application) 2016-01-01 Cancels and supersedes issue dated 2015-10-01 Page 4 PRICE LIST 122 HOT ROLLED COIL: Wheel Steel (Both Pickled & Oiled and Un-Pickled) Effective: 1 JANUARY 2016 8. PROCESSING EXTRAS 8.1 PICKLING LINE WELDS Pickle line welds are not acceptable 8.2 PICKLING & OILING EXTRA Width 775mm – 1850mm R/t (VAT exclusive) 381 429 Thickness (mm) 2,0 < 4,8 >4,8 5,0 (Note1) 8.3 SUPPLEMENTARY PICKLING EXTRAS To be added to above (5.2) extra where applicable ` R/ton (VAT excl) 8.3.1 TENSILE STRENGTH > 480 MPa but < 700MPa Applicable to quality codes 462 000 (WPC2); 444 001 (WP C500) (Note 2) For Thickness < 4,0mm For Thickness > 4,0mm (Note 1) 65 416 8.3.2 DIMENSIONS THICKER THAN INDICATED IN TABLE 2 1. Thickness > 4,8mm for quality code 459 000 (WR R3) up to 5,0 mm maximum thickness, at 1250 mm maximum width (Note 1) b) Thickness > 4,6 for quality codes: 574 000 (C1); 484 000 (C4); 458 000 (R2) (Note 1) 285 285 8.3.3 HIGH CARBON / ALLOYED STEELS (Carbon Equivalent CE > 0,35) No quality codes currently applicable 105 8.3.4 UN-OILED PICKLED COILS 127 Notes: 1) Orders to be endorsed: Scratches and gouges acceptable (P&O Enhanced Surface is not guaranteed for gauges above indicated maximum thickness per Quality) 2) WP C500 for thickness > 3,8mm – Orders to be endorsed: Scratches and gouges acceptable. 8.4 TEMPER ROLLING (4,8 mm maximum) 100 8.5 RESTRICTED THICKNESS TOLERANCE: (For closer thickness tolerance, but not less than 75% of specification) 135 8.6 SIDE TRIM EXTRA: 236 2016-01-01 (only available for approved enquiry orders) Cancels and supersedes issue dated 2015-10-01 Page 5 PRICE LIST 122 HOT ROLLED COIL: Wheel Steel (Both Pickled & Oiled and Un-Pickled) Effective: 1 JANUARY 2016 8 PROCESSING EXTRAS (Continued) 8.7 CUT BACK TO THICKNESS 8.8 MARKING to SANS 0202 8.9 WITNESSING OF MECHANICAL TESTS AND SURFACE INSPECTION Witnessing mechanical test (0345) Surface inspection (0577) Surface inspection and marking out of test pieces (6029) Inspect: packaging (0466) Inspect: packaging, weight & dimensions (0484) 87 (1361) 8.10 ENHANCED SURFACE Recommended for all P&O wheel steels 26 61 39 122 30 39 (Code 1012) 100 Normal surface standard will apply on Hot Dry material 9. PACKAGING EXTRAS Packaging Code 1) Non Protective Advanced Protective Un-pickled Coil Mass (t) Code 91 Not Available Pickled Code 70 Code 73 R/t (VAT exclusive) Full Slab coil ½ Slab coil 1/3 Slab coil 2) ¼ Slab coil 3) -171 0 114 Not Available -114 57 171 Not Available Notes: 1) Refer to Packaging Specification for code descriptions and limitations. 2) 1/3 size coils are only available on approved enquiries. 3) ¼ size coils are not available 2016-01-01 Cancels and supersedes issue dated 2015-10-01 Page 6 PRICE LIST 122 HOT ROLLED COIL: Wheel Steel (Both Pickled & Oiled and Un-Pickled) Effective: 1 JANUARY 2016 STANDARD ITEMS 1. 2. 3. 4. 5. ANNEXURE 1 WHEELRIM R3 4,0 x 1290 mm (Code 459 000) 1400mm slab Mill edge, Pickled coils WHEELRIM MW01 2,4 x 1265 mm 3,0 x 1205 mm (Code 457 000) 1400mm slab 1300mm slab Mill edge, Pickled coils Mill edge, Pickled coils WHEELRIM SPH440 (Code 460 000) 2,3 x 1365 mm 1400mm slab Mill edge, Pickled coils WHEELPRESS C4 13,8 x 1185 mm (Code 484 000) 1300mm slab WHEELPRESS C500 (Code 444 001) 3,8 x 1375 mm 1400mm slab 2016-01-01 Cancels and supersedes issue dated Mill Edge, Un-pickled coils Mill Edge, Pickled coils 2015-10-01 Page 7 PRICE LIST 122 HOT ROLLED COIL: Wheel Steel (Both Pickled & Oiled and Un-Pickled) Effective: 1 JANUARY 2016 COIL MASS TABLE ANNEXURE 2 FINAL PRODUCT WIDTH Mill edge (HCW and HCPW) (760 to 940 (HCW)) # (775 to 940 (HCPW)) # Nominal Full-coil mass (ton) 1000 # (945 to 980) # 18 1100 # (985 to 1080) # 20 1200 1085 to 1180 22 1300 1185 to 1280 1400 1285 to 1380 24 25 1450 1340 to 1430 26 1500 1385 to 1480 27 1600 # (1485 to 1590) # 26 1700 # (1595 to 1690) # 27 1800 # (1695 to 1790) # 29 SLAB WIDTH (mm) 960 # 17 (1795 to 1850 (HCW)) # (1795 to 1830 (HCPW)) # Tolerance on coil mass: +10% -25% (Light Mass – 30%) Notes: 1870 # 31 Availability of Product Widths is subject to is subject Slab Width availability, width/thickness ratios and type of steel, please refer to detail of availability in Data Sheet: Hot strip mill product dimensions, and the Slab Widths available as shown in Paragraph 2, Page 3 (Quality Extra Table) # These slab widths, and corresponding Product widths, are only available for approved enquiry orders. 2016-01-01 Cancels and supersedes issue dated 2015-10-01 Page 8 PRICE LIST 122 HOT ROLLED COIL: Wheel Steel (Both Pickled & Oiled and Un-Pickled) Effective: 1 JANUARY 2016 OVERAGE / UNDERAGE ANNEXURE 3 DESPATCH TOLERANCE ON ORDER TONNAGE PER ITEM The principle of a discrete Full Slab Coil as smallest sales unit applies Number of Full Slab Coils * STANDARD ITEM %OVER / % UNDER STANDARD ITEM OPTION2 (Code2010) %OVER / % UNDER 1 +10/-25 Not Applicable 2 +10/-55 +30/-25 3 +10/-37 +20/-17 4 +10/-28 +15/-13 5 +10/-22 6 +10/-18 7 +10/-16 8 +10/-14 9 +10/-12 10 +10/-11 >10 +1 FSC / - 1,1 FSC* Number of Full Slab Coils NON-STANDARD ITEM %OVER / % UNDER NON-STANDARD ITEM OPTION2 (Code1020) %OVER / % UNDER 2 +10/-55 +55/-30 3 +10/-37 +36/-20 4 +10/-28 +27/-15 5 +10/-22 6 +10/-18 7 +10/-16 8 +10/-14 9 +10/-12 10 +10/-11 >10 +10/-10 2016-01-01 Cancels and supersedes issue dated Not Applicable Not Applicable 2015-10-01 Page 9