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ArcelorMittal

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 ...

ArcelorMittal Overview

ArcelorMittal Image Source : Wikipedia
  • Company type Public
  • Industry Steel industry
  • Founded 2007
  • Headquarters Luxembourg City, Luxembourg
  • Area served Worldwide
  • Key people Aditya Mittal (CEO), Lakshmi Mittal (executive chairperson)
  • Revenue US$62.44 billion (2024)
  • Net income US$1.339 billion (2024)
  • Number of employees 125,416 (2024)
  • Subsidiaries Disteel, Dillinger Hütte, Dofasco, Aperam South America, Creusot-Loire, ARBED, ALZ (steelworks), Arcelor
  • Website www.corporate.arcelormittal.com

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ArcelorMittal history

Last Updated : 13/03/25, 07:51 PM
ArcelorMittal: A Global Steel Giant's Journey ArcelorMittal, formed in 2007 through Mittal Steel Company's acquisition of Arcelor, rapidly ascended to become the world's largest steel producer, controlling approximately 10% of global output. Early acquisitions included Mexico's Sicartsa and a stake ...

ARCELORMITTAL NEWS

AM/NS Hazira plant: Company lends an ear to villagers, promises action

September 21, 2021 11:11 pm

Further, AM/NS also promised to look into the grievances of Arjun Patel, a farmer, who complained of damage to his crops and low yield due to pollution from the plant, and Viral Patel who claimed he was yet to receive his land compensation.

ArcelorMittal planning to invest Rs 1L cr in Gujarat

August 21, 2021 4:32 am

During the visit, the release added, Mittal expressed his eagerness to invest Rs 1 lakh crore in Gujarat.

ArcelorMittal posts $2,285 million net income in March quarter

May 06, 2021 3:08 pm

The world's largest steelmaker had posted a net loss of USD 1,120 million in the year-ago quarter, the company said in a statement.

ArcelorMittal reports $1,207 million net income in December quarter

February 11, 2021 3:39 pm

Further, the Board of Directors of ArcelorMittal has announced that Aditya Mittal, who is currently President, CFO and CEO ArcelorMittal Europe, will become Chief Executive Officer of the company.

Mittal’s wish list for Hazira project: cheap land, fast allotment, waivers, subsidies

January 09, 2021 1:16 am

In a hand-written note, Gujarat Deputy Chief Minister Nitin Patel referred the list to MK Das, Additional Chief Secretary (Industry and Mines) in the CMO, for “discussion”.

ArcelorMittal reports $559 million net loss in Apr-Jun quarter

July 30, 2020 4:53 pm

The world's largest steelmaker had clocked a net loss of USD 447 million in the year-ago quarter, the company said in a statement.

ArcelorMittal India entry: Domestic steel firms say more players in market to spur innovation

November 21, 2019 5:47 pm

"We don't see ArcelorMittal as a challenge," JSW Steel Chairman Sajjan Jindal told PTI on the sidelines of the ISA Steel Conclave.

ArcelorMittal aims to complete Essar Steel acquisition by 2019-end

November 19, 2019 12:49 pm

ArcelorMittal India Private Limited's (AMIPL) resolution plan for Essar Steel India Limited (‘ESIL') has been unconditionally approved by the Supreme Court of India and the approval of AMIPL's resolution plan is the final procedural step in ESIL's corporate insolvency process, the company said in a statement.

Steps to revival

November 18, 2019 4:38 am

Mess in banking and telecom sectors needs to be addressed urgently to pierce economic gloom.

Supreme Court clears way for ArcelorMittal to acquire Essar Steel

November 16, 2019 4:19 am

Upholds supremacy of Committee of Creditors, could speed up resolution of other insolvency cases

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