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ArcelorMittal (MT)

9.65 Down 0.35(3.50%) Mar 27, 4:05PM EDT
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24-26, Boulevard d’Avranches
Luxembourg, 1160
Luxembourg - Map
Phone: 352 47 921
Fax: 352 4792 2675

Index Membership:N/A
Sector:Basic Materials
Industry:Steel & Iron
Full Time Employees:222,327

Business Summary 

ArcelorMittal, together with its subsidiaries, operates as an integrated steel and mining company worldwide. The company operates through five segments: NAFTA; Europe; Brazil and Neighboring Countries (Brazil); Africa & Commonwealth of Independent States (ACIS); and Mining. It produces finished and semi-finished steel products. The company’s products include flat products, such as slabs, plates, hot-and cold-rolled coils and sheets, hot-dipped and electro-galvanized coils and sheets, and tinplate and color coated coils and sheets; and seamless and welded pipes and tubes. It also offers long products, including blooms and billets, bars, wire-rods, structural sections, rails, sheet piles, and wire-products. The company provides its steel products to the automotive, appliance, engineering, construction, energy, and machinery industries. ArcelorMittal sells its products in local markets and through a centralized marketing organization in approximately 170 countries. In addition, the company produces mining products, including iron ore lumps, fines, concentrates, and sinter feeds, as well as coking, pulverized coal injection, and thermal coal. The company has iron ore mining activities in Algeria, Brazil, Bosnia, Canada, Kazakhstan, Liberia, Mexico, Ukraine, and the United States, as well as has mining developments in Canada and India; and coal mining activities in Kazakhstan and the United States. ArcelorMittal was founded in 1976 and is headquartered in Luxembourg.

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Key Executives 
Mr. Lakshmi Niwas Mittal B.Com., 64
Chairman, Chief Exec. Officer, Pres, Managing Director of Operations and Member of the Group Management Board
Mr. Aditya Mittal , 38
Group Chief Financial Officer, Principal Accounting Officer, Member of the Group Management Board and Chief Exec. Officer of Arcelormittal Europe
Dr. Louis L. Schorsch , 65
Member of Group Management Board and Chief Exec. Officer of Arcelormittal Americas
Mr. Davinder K. Chugh BSc (Physics), LLB, MBA, 58
Member of the Group Management Board, Member of Investment Allocation Committee and Chief Exec. Officer of Africa & CIS
Mr. Robrecht Himpe , 56
Chief Technology Officer, Exec. VP and Head of Health & Safety
Amounts are as of 2014-12-31 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.