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ArcelorMittal information


ArcelorMittal S.A.
Company typeSociété Anonyme
Traded as
Euronext Amsterdam: MT
NYSE: MT
CAC 40 component
AEX component
ISINLU1598757687
IndustrySteel
PredecessorsArcelor
Mittal Steel Company
Founded2006; 18 years ago (2006)
Headquarters24-26, Boulevard d’Avranches, Luxembourg City, Luxembourg
Area served
Worldwide
Key people
Aditya Mittal
(CEO)
Lakshmi Mittal
(executive chairperson)[1]
ProductsSteel, flat steel products, long steel products, wire products, plates
Revenue Decrease US$68.275 billion (2023)[2]
Operating income
Decrease US$2.340 billion (2023)[2]
Net income
Decrease US$919 million (2023)[2]
Total assetsDecrease US$93.917 billion (2023)[2]
Total equityDecrease US$56.068 billion (2023)[2]
OwnerLakshmi Mittal (37.4%)[3]
Number of employees
Increase 154,000 (2022)[4]
SubsidiariesDisteel, Dillinger Hütte, Dofasco, Aperam South America, Creusot-Loire, ARBED, ALZ (steelworks), Arcelor
Websitecorporate.arcelormittal.com

ArcelorMittal S.A. is a Luxembourg-based multinational steel manufacturing corporation headquartered in Luxembourg City. It was formed in 2006 from the takeover and merger of Arcelor by Indian-owned Mittal Steel.[3] ArcelorMittal is the second largest steel producer in the world, with an annual crude steel production of 78 million metric tonnes as of 2022.[5] It is ranked 197th in the 2022 Fortune Global 500 ranking of the world's largest corporations. It employs around 154,000 people[6] and its market capital is $20 billion.[7] The total value of company assets is estimated to be around $94 billion.

  1. ^ Dutt, Ishita Ayan (11 February 2021). "Aditya Mittal appointed ArcelorMittal CEO; father to be executive chairman". Business Standard India.
  2. ^ a b c d e "ArcelorMittal Consolidated Profit & Loss account, ArcelorMittal Financial Statement & Accounts" (PDF). ArcelorMittal. Retrieved 19 January 2024.
  3. ^ a b "World's Biggest Steelmaker Raising $3 Billion As Profits Plunge". Fortune. 5 February 2016. Retrieved 15 May 2019.
  4. ^ "ArcelorMittal - global number of employees 2020".
  5. ^ "Annual Report 2018 on Form 20-F ArcelorMittal". ArcelorMittal.
  6. ^ "About". ArcelorMittal.
  7. ^ "91. ArcelorMittal", GLOBAL 500 - Our annual ranking of the world's largest corporations, CNN

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chairman of ArcelorMittal, the world's second largest steelmaking company, as well as chairman of stainless steel manufacturer Aperam. Mittal owns 38% of...

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renamed Stahlwerke Bremen; it later became part of Usinor, Arcelor (2002), and ArcelorMittal (2006) through mergers of the parent holding company. In 1906...

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Mittal Steel Company

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volume and turnover. After a merger in 2005, it is now part of ArcelorMittal. Mittal Steel Company was formed as Ispat International in 1978. At the...

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Dofasco

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ArcelorMittal Dofasco is a steel company based in Hamilton, Ontario, Canada. Dofasco is a standalone subsidiary of ArcelorMittal, the world's largest integrated...

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Aditya Mittal (born 22 January 1976) is an Indian business heir and the CEO of ArcelorMittal which was founded by his father Lakshmi Mittal, who was ranked...

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manufacturer". essarsteel.com. "ArcelorMittal and Nippon Steel complete acquisition of Essar Steel". corporate.arcelormittal.com. Retrieved 23 December 2019...

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Retrieved 2022-03-29. "ArcelorMittal halts production at its Ukrainian steelmaking operations | ArcelorMittal". corporate.arcelormittal.com. Archived from...

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number two (making ~31 mt steel / year) – although still well behind ArcelorMittal (who produced 77.5 mt crude steel in 2010). On October 1, 2012, Nippon...

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Aperam South America

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Aperam South America, old Acesita and ArcelorMittal Timóteo, is the biggest Brazilian manufacturer of specialty steels. Headquartered in Belo Horizonte...

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ARBED

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French Usinor, merged into Arcelor. In 2006 Mittal Steel launched a takeover for Arcelor that led to the creation of ArcelorMittal.[failed verification]....

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Qarmet

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Qarmet, previously known as Ispat Karmet, Mittal Steel Temirtau, and ArcelorMittal Temirtau, is a Kazakhstani integrated steel and mining company that...

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22.6 billion Serum Institute of India Vaccines 5 Lakshmi Mittal 17.7 billion ArcelorMittal Steel 6 Savitri Jindal 17.5 billion JSW Group Jindal Steel...

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Omarska camp

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2012). "Bosnia camp survivors protest for memorial at ArcelorMittal mine". Reuters UK. "ArcelorMittal's Olympics showpiece in a row". Zee News. 3 July 2012...

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Queen Elizabeth Olympic Park

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and the London Olympics Media Centre. The park is overlooked by the ArcelorMittal Orbit, an observation tower and Britain's largest piece of public art...

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ISG Weirton Steel

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a merger with Mittal Steel. In 2006, Mittal Steel completed a further merger with Arcelor, forming a new company known as ArcelorMittal. In December 2020...

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Aperam

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merged with Arbed and Aceralia to become Arcelor in 2001, and Aperam became a wholly owned subsidiary of ArcelorMittal in 2007[citation needed] in the hostile...

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Karaganda

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in talks to take over part of ArcelorMittal Temirtau's operations, in part due to its dissatisfaction by ArcelorMittal's failure to invest more in its...

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Point Lisas

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energy sector. Industries located there include a steel mill (owned by ArcelorMittal); numerous ammonia plants and methanol plants, melamine manufacturing...

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