ArcelorMittal
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. ArcelorMittal is the second largest steel producer in the world, with an annual crude steel production of 78 million metric tonnes as of 2022. It is ranked 197th in the 2022 Fortune Global 500 ranking of the world's largest corporations. It employs around 154,000 people and its market capital is $20 billion. The total value of company assets is estimated to be around $94 billion.
Former ArcelorMittal headquarters in Luxembourg, popularly known as the ARBED building | |
| Company type | Société Anonyme |
|---|---|
Traded as | Euronext Amsterdam: MT NYSE: MT CAC 40 component AEX component |
| ISIN | LU1598757687 |
| Industry | Steel |
| Predecessors | Arcelor Mittal Steel Company |
| Founded | 2006 |
| Headquarters | 24-26, Boulevard d’Avranches, Luxembourg City, Luxembourg |
Area served | Worldwide |
Key people | Aditya Mittal (CEO) Lakshmi Mittal (executive chairperson) |
| Products | Steel, flat steel products, long steel products, wire products, plates |
| Revenue | US$68.275 billion (2023) |
| US$2.340 billion (2023) | |
Net income | US$919 million (2023) |
| Total assets | US$93.917 billion (2023) |
| Total equity | US$56.068 billion (2023) |
| Owner | Lakshmi Mittal (37.4%) |
Number of employees | 154,000 (2022) |
| Subsidiaries | Disteel, Dillinger Hütte, Dofasco, Aperam South America, Creusot-Loire, ARBED, ALZ (steelworks), Arcelor |
| Website | corporate |
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