Jump to content

ArcelorMittal

From Simple English Wikipedia, the free encyclopedia


ArcelorMittal S.A.
Company typeSociété Anonyme
EuronextMT
NYSEMT
BMADMTS
LuxSEMT
CAC 40 component
AEX component
IndustrySteel
PredecessorsArcelor
Mittal Steel Company
Founded2006; 18 years ago (2006)
Headquarters24-26, Boulevard d’Avranches, Luxembourg City, Luxembourg
Area served
Worldwide
Key people
Aditya Mittal
(CEO)
Lakshmi Mittal
(executive chairman)[1]
ProductsSteel, flat steel products, long steel products, wire products, plates
RevenueDecrease US$53.27 billion (2020)[2]
Increase US$2.110 billion (2020) [3]
Increase US$−733 million (2020)[4]
Total assetsDecrease US$82.052 billion (2020)[5]
Total equityDecrease US$40.24 billion (2020)[6]
OwnerLakshmi Mittal (37.4%)[7]
Number of employees
Decrease 168,000 (2020)[8]
SubsidiariesDisteel, Dillinger Hütte, Dofasco, Aperam South America, Creusot-Loire, ARBED, ALZ (steelworks), Arcelor
Websitecorporate.arcelormittal.com

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]

References

[change | change source]
  1. Dutt, Ishita Ayan (11 February 2021). "Aditya Mittal appointed ArcelorMittal CEO; father to be executive chairman". Business Standard India.
  2. "Global steel market: ArcelorMittal's revenue 2020".
  3. "ArcelorMittal Operating Income 2006-2021 | MT".
  4. "ArcelorMittal Net Income 2006-2021 | MT".
  5. "ArcelorMittal Total Assets 2006-2021 | MT".
  6. "ArcelorMittal ROE 2006-2021 | MT".
  7. "World's Biggest Steelmaker Raising $3 Billion As Profits Plunge". Fortune. 5 February 2016. Retrieved 15 May 2019.
  8. "ArcelorMittal - global number of employees 2020".
  9. "World's Biggest Steelmaker Raising $3 Billion As Profits Plunge".
  10. "91. ArcelorMittal", GLOBAL 500 - Our annual ranking of the world's largest corporations, CNN, archived from the original on 2020-01-02, retrieved 2022-01-31