Company type | Société Anonyme |
---|---|
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)[1] |
Products | Steel, flat steel products, long steel products, wire products, plates |
Revenue | US$68.275 billion (2023)[2] |
US$2.340 billion (2023)[2] | |
US$919 million (2023)[2] | |
Total assets | US$93.917 billion (2023)[2] |
Total equity | US$56.068 billion (2023)[2] |
Owner | Lakshmi Mittal (37.4%)[3] |
Number of employees | 126,756 (2023)[4] |
Subsidiaries | Disteel, Dillinger Hütte, Dofasco, Aperam South America, Creusot-Loire, ARBED, ALZ (steelworks), Arcelor |
Website | corporate |
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[update].[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.