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. 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.
Wiki Simple English | |
Wiki Simple English | |
Company type | Société Anonyme |
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Euronext: MT NYSE: MT BMAD: MTS Template:LuxSE CAC 40 component AEX component | |
Industry | Steel |
Predecessors | Arcelor Mittal Steel Company |
Founded | 2006 |
Headquarters | 24-26, Boulevard d’Avranches, Luxembourg City, Luxembourg |
Area served | Worldwide |
Key people | Aditya Mittal (CEO) Lakshmi Mittal (executive chairman) |
Products | Steel, flat steel products, long steel products, wire products, plates |
Revenue | US$53.27 billion (2020) |
US$2.110 billion (2020) | |
US$−733 million (2020) | |
Total assets | US$82.052 billion (2020) |
Total equity | US$40.24 billion (2020) |
Owner | Lakshmi Mittal (37.4%) |
Number of employees | 168,000 (2020) |
Subsidiaries | Disteel, Dillinger Hütte, Dofasco, Aperam South America, Creusot-Loire, ARBED, ALZ (steelworks), Arcelor |
Website | corporate |
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