multinational steel manufacturing corporation From Wikipedia, the free encyclopedia
ArcelorMittal is an Indian-Luxembourgish multinational corporation with its headquarters in Luxembourg City. It was formed in 2006 when Arcelor was taken over by Mittal Steel.[9] It produces more steel than any other company in the world, with a yearly steel production of 97 million metric tonnes. In 2009, it was ranked at 120th in the Fortune Global 500 of the world's largest corporations.[10]
Company type | Société Anonyme |
---|---|
Euronext: MT NYSE: MT BMAD: MTS LuxSE: MT CAC 40 component AEX component | |
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 chairman)[1] |
Products | Steel, flat steel products, long steel products, wire products, plates |
Revenue | US$53.27 billion (2020)[2] |
US$2.110 billion (2020) [3] | |
US$−733 million (2020)[4] | |
Total assets | US$82.052 billion (2020)[5] |
Total equity | US$40.24 billion (2020)[6] |
Owner | Lakshmi Mittal (37.4%)[7] |
Number of employees | 168,000 (2020)[8] |
Subsidiaries | Disteel, Dillinger Hütte, Dofasco, Aperam South America, Creusot-Loire, ARBED, ALZ (steelworks), Arcelor |
Website | corporate |
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