ArcelorMittal SA (ArcelorMittal) is an integrated steel manufacturing company. It manufactures and markets a range of finished and semi-finished steel products. The company’s portfolio of products includes flat steel, including sheet and plate, and long steel, including bars, rods, and structural shapes. It also produces pipes and tubes for various applications and mining products, including iron ore lump, fines, concentrate and sinter feed, coking, pulverized coal injection (PCI) and thermal coal. ArcelorMittal also carries out iron ore and coal mining operations in the Americas, Europe, Asia, and Africa. It markets steel products largely in local markets and through centralized marketing organization to customers in automotive, appliance, engineering, construction, and machinery sectors. ArcelorMittal is headquartered in Luxembourg.
Headquarters
Luxembourg
Address
24-26 Boulevard D'Avranches, Luxembourg, 1160
Website
corporate.arcelormittal.com
Telephone
352 4 7922484
No of Employees
190,000
Industry
Metals and Mining
Ticker Symbol & Exchange
MT (AMS)
Revenue (2022)
$79.8B
4.3%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-37.8%
(2022 vs 2021)
Market Cap*
$20.5B
Net Profit Margin (2022)
XYZ
-40.4%
(2022 vs 2021)
* As of and is in US$
ArcelorMittal SA premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Sheet and Plate | Value-Added and Customized Steel Solutions | Fortiform |
| Bars | Usibor 2000 | |
| Rods | Ductibor 1000 | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Plans/Strategy | In August, the company announced its plans to acquire United States Steel. |
| 2023 | Contracts/Agreements | In July, ArcelorMittal Nippon Steel signed a contract with Danieli Corus for the supply of three sublance-based BOF process control systems for the three 350-t converters of the greenfield BOF shop at Hazira plant. |
| 2023 | Financing Agreements | In July, the company invested C$6.6 million in CHAR Technologies. |
Competitor Comparison
| Key Parameters | ArcelorMittal SA | POSCO Holdings Inc | Nippon Steel Corp | ThyssenKrupp AG | Nucor Corp |
|---|---|---|---|---|---|
| Headquarters | Luxembourg | South Korea | Japan | Germany | United States of America |
| City | Luxembourg | Pohang | Chiyoda-Ku | Essen | Charlotte |
| State/Province | - | - | Tokyo | Nordrhein-Westfalen | North Carolina |
| No. of Employees | 190,000 | 32,287 | 106,068 | 98,624 | 31,400 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Lakshmi N. Mittal | Chairman | Executive Board | 2008 | 72 |
| Aditya Mittal | Chief Executive Officer; Director | Executive Board | 2021 | 46 |
| Genuino M. Christino | Chief Financial Officer; Executive Vice President | Senior Management | 2021 | 51 |
| Pinakin Chaubal | Chief Technology Officer; Vice President | Senior Management | - | - |
| Robin Paulmier | Head - Corporate Health and Safety | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
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