MT

ArcelorMittal S.A. operates in the basic materials sector, within the iron and steel industry, and was formed in 2006 through the merger of Arcelor and Mittal Steel.

Headquartered in Luxembourg, the company is the world’s largest steel producer by volume, supplying essential raw materials to the construction, automotive, energy, and infrastructure sectors.

ArcelorMittal’s operations include the production of crude steel, flat and long steel products, tubular goods, and engineered steel solutions. Its products are used in infrastructure, shipbuilding, renewable energy, construction, and consumer goods, and are widely distributed to global clients.

With operations in more than 60 countries, the company is notable for its strong presence in the United States, Brazil, Europe, and Asia, where its main production units are concentrated.

Its operational model includes iron ore mining, steel production, and research into new materials for industrial applications, consistently prioritizing innovation and production efficiency.

The company’s performance is influenced by factors such as global steel demand, commodity prices, environmental policies, and infrastructure sector growth.

To address these changes, ArcelorMittal has invested in carbon-emission reduction, material recycling, and the development of more sustainable steelmaking technologies.

The operational structure includes steel mills, mining operations, distribution centers, and research laboratories. With more than 160,000 employees, the company maintains one of the largest production and supply networks in the industry, ensuring its competitiveness in the global market.

ArcelorMittal S.A. shares are traded on the NYSE under the ticker MT.

History and when ArcelorMittal S.A. was created

ArcelorMittal S.A. was formed in 2006 following the merger of Arcelor and Mittal Steel, creating the world’s largest steel producer. However, its origins extend back several decades with the development of Mittal Steel—founded by Lakshmi Mittal—and the establishment of Arcelor, a European steel company with global operations.

Even before the merger, Mittal Steel was one of the largest independent steel producers, with operations in Europe, North America, and Asia, while Arcelor held a strong position in the European market. The combination of both companies resulted in a group with expanded production capacity and broader global reach.

Key phases of the company’s growth include:

2006: Merger between Arcelor and Mittal Steel, forming the largest steel producer in the world.
2011: Acquisition of new operations in South America and Africa, expanding involvement in iron ore mining.
2016: Operational restructuring and investment in new technologies to increase production efficiency.
2020–2024: Expansion of decarbonization projects and technological innovation in the steel sector to meet new market demands.

In recent years, ArcelorMittal has focused on reducing the environmental impact of its operations, investing in more sustainable processes and exploring opportunities in material recycling and reuse.

The company is currently led by CEO Lakshmi Mittal and operates under regulatory oversight from environmental and steel industry authorities in the various markets where it is present.

ArcelorMittal continues to develop strategies to adapt to transformations in the steel industry, maintaining its position among the world’s leading steel suppliers and industrial solutions providers.

Additional Information

The Company ArcelorMittal S.A. (United States), is listed on NYSE with a market value of $ 49.64 Billions, having an equity of $ 56.54 Billions.

With a total of 167.743 employees, the company is listed in the sector of Basic Materials and categorized in industry of Iron and Steel.

In the last 12 months the Company had a revenue of $ 61.35 Billions, which generated a profit in the amount of $ 3.15 Billions.

As for its main indicators, the Company has a P/E ratio of 15.75, a P/BV ratio of 0.88 and in the last 12 months the dividend yield of MT was at 0.84%.

The Company is traded internationally through the ticker MT.