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ArcelorMittal

With 119 million tonnes of annual production capacity and 245,000 employees across 60 countries, ArcelorMittal is the world’s leading steel and mining company. It was formed in 2006 as a result of the merger of the Arcelor and Mittal steel groups.

Latest News

ArcelorMittal Posts US$7.9B Loss in 2015

05 Feb 2016 - ArcelorMittal, the world’s largest steelmaker, lost US$7.9 billion in 2015 on lower prices and large write-downs in its iron ore business.

As Power Prices Rise and Steel Prices Fall, ArcelorMittal Considers Future of South African Mill

04 Feb 2016 - ArcelorMittal’s South African division said it expects to record a headline loss of 1,250 cents per share in 2015 and is rethinking its investment in its ultrathin hot rolled coil mill along the country’s west coast.

Environmental Concerns Prompt Closure of Major Iron Ore Terminal in Brazil

22 Jan 2016 - A Brazilian court has ordered one of the world’s primary iron ore import-export terminals to shut down owing to recurring pollution problems.

SAIL, ArcelorMittal Hoping to Formally Establish New JV Later This Year

04 Jan 2016 - Executives at Steel Authority of India Ltd. (SAIL) and ArcelorMittal are looking to finalize a joint venture sometime this year for a new automotive steel mill in India, according to The (India) Economic Times newspaper.

Fives Wins Contracts for Upgrades at ArcelorMittal Plants

21 Dec 2015 - Industrial engineering group Fives has won contracts for upgrades to ArcelorMittal facilities in China and Romania, the company has announced.

ArcelorMittal Americas CEO Stepping Down in February

16 Dec 2015 - ArcelorMittal Americas CEO Lou Schorsch has announced that he will retire in February 2016, prompting the world’s largest steelmaker to reorganize its top management in the two continents.

Top ArcelorMittal Executive To Retire in 2016

16 Dec 2015 - Longtime ArcelorMittal executive Bhikam Agarwal is retiring at the end of February 2016, the company has announced.

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