ArcelorMittal S.A., a Luxembourg-based steel giant, holds the second position globally in crude steel production, reaching 78 million metric tonnes in 2023. Its operations span 15 countries, encompassing 37 integrated and mini-mill steel-making facilities. Geographic production distribution in 2023 showed a significant presence in the Americas (39%), Europe (50%), and other regions including South Africa and Ukraine (11%). The company's vertical integration is noteworthy, with self-sufficiency in raw materials ranging from 57% of iron ore needs to 98% of coke requirements. This strategic approach contributes to its ranking as the 190th largest company on the Fortune Global 500 list. Lakshmi Mittal and his family hold a 39.87% stake, while 56.20% of the company is publicly traded. ArcelorMittal's iron ore mining operations extend across Brazil, Bosnia, Canada, Liberia, Mexico, Ukraine, and South Africa, further reinforced by joint ventures and associates in India and Canada. A significant market share of 15% in automotive steel underscores its importance in this sector, with the production of 200 unique steel grades, including the high-strength Usibor 2000 introduced in 2016. In Luxembourg alone, ArcelorMittal is the largest private employer.
