With annual achievable production capacity of approximately 113 million tonnes of crude steel, and some 199,000 employees across 60 countries, ArcelorMittal is the world’s leading steel and mining company.
With an industrial presence in 18 countries, we are the leader in all major global steel markets including automotive, construction, household appliances and packaging, with leading research and development and technology, sizeable captive supplies of raw materials, and outstanding distribution networks.
Our core philosophy is to produce safe, sustainable steel. In so doing, our top priority is safety and our goal is to be the world’s safest steel and mining company.
As a company, we are committed to our promise of ‘transforming tomorrow’. Guiding us in this are our values of sustainability, quality and leadership.
We are a world-leading steel producer with annual achievable production capacity of approximately 113 million tonnes of crude steel in 2016. Our steel shipments in 2016 totalled 83.9 million tonnes.
We are the largest producer of steel in North and South America and Africa, a significant steel producer in the CIS region, and have a growing presence in Asia, including investments in China and India. We are also the largest steel producer in the EU, with significant operations in France, Germany, Belgium, Spain, Luxembourg, Poland, the Czech Republic and Romania.
A world-class mining business, ArcelorMittal has a global portfolio of 14 operating units with mines in operation and development, and is one of the largest iron ore producers in the world.
In 2016, our mines and strategic contracts produced 62.9 million tonnes of iron ore and met 55% of the company’s iron ore requirements. We also produced 6.9 million tonnes of coking coal and PCI, meeting 15% of the company’s PCI and coal requirements.
We currently have iron ore mining activities in Brazil, Bosnia, Canada, Kazakhstan, Liberia, Mexico, Ukraine and the United States.
Research and development
ArcelorMittal is at the forefront of steel production research and development (R&D). We have 12 major research centres worldwide and our R&D expense in 2016 was $239 million.
Investing in the future provides the technical foundation for the sustainability and commercial success of the company.
We use our researchers’ expertise in steel to develop cleaner processes and greener products, including ultra-high-strength steels (UHSS) and Ultra-Low CO2Steelmaking (ULCOS), to make steel production more sustainable and help reduce both our own environmental impact and that of our customers.
ArcelorMittal has grown through the acquisition of numerous steelmaking and other assets, which constitute our major operating subsidiaries. The group is managed according to region, with a product specialisation within those regions. Every region is headed by a member of ArcelorMittal’s executive officers.
ArcelorMittal, with its significant global presence, can use its size and worldwide reach to optimise services across the company, while also enjoying the benefits of using economies of scale. At the same time, we have a commitment to ensuring different parts of the business are empowered to make decisions, ensuring accountability at the right level within the company.
Our shared services include purchasing, energy, shipping, IT, legal, real estate and by-products sales. The shared services teams work to make sure best practice is followed throughout the group, while also sharing local good practices with the entire organisation.
We believe that a lean and effective organisation is essential to making sure the company is managed as efficiently as possible.
A listed company
ArcelorMittal is listed on the stock exchanges of New York (under the trading symbol MT), Amsterdam (MT), Paris (MT), Luxembourg (MT), Barcelona (MTS), Bilbao (MTS), Madrid (MTS) and Valencia (MTS).