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ArcelorMittal ·  Luxembourg ·(NYSE: MT)(Euronext Amsterdam: MT)

Company Description

19 avenue de la Liberté
L-23-90
Luxembourg (Map)
Phone: +352-352-4792-1
Fax: +352-352-4792-2675
Rankings
  • Amsterdam Exchange 25
  • SBF 120
  • IBEX 35
  • CAC 40
  • Dow Jones STOXX 50
  • #136 in FT Global 500
  • Euronext 100
  • SBF 250
  • Madrid General
  • LuxX
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Many metal makers lack the mettle of ArcelorMittal. The company is easily the largest steel making entity in the world, producing more than 100 million tons annually. Operating globally -- though strongest in Europe -- ArcelorMittal manufactures the full range of steel products: slabs and coil, coated steel and tinplate, wire rod and rebar, billets and blooms, as well as all manner of stainless and electrical steel products. CEO and founder Lakshmi Mittal controls nearly half of ArcelorMittal and has blazed through this decade making a number of gigantic acquisitions, the largest being the Franco-Belgian amalgam Arcelor, to make his company far and away the leader in the global steel industry. To read the full description, subscribe now.
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Key ArcelorMittal Financials

Company TypePublic - NYSE: MT - Euronext Amsterdam: MT

Headquarters
Fiscal Year-EndDecember
2008 Sales (mil.)$124,936.0
2008 Employees316,000

ArcelorMittal Executives

51 executives listed for ArcelorMittal's ,  location.
TitleName & BioContact
Chairman and CEOLakshmi MittalNetwork
CFO and Member Group Management BoardAditya MittalNetwork
EVP and CTOPierre GuglierminaNetwork

Competition

Competitive Landscape for ArcelorMittal
Demand comes largely from the manufacturers of durable goods like motor vehicles, machinery, containers, and construction steel. The profitability of individual companies depends largely on efficient operations, because most products are commodities sold based on price. Big companies have large economies of scale in production. Accordingly, most producers of secondary products buy raw metal from the large producers. Small companies can compete by operating efficient local mini-mills or producing specialty products. The industry is capital-intensive: average annual revenue per worker is close to $300,000. To read the full description, subscribe now.
Top ArcelorMittal Competitors
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