ArcelorMittal SA (EURONEXT:MT)

European company
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Market Info - MT

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Company Info - MT

  • Market Cap€13.410bn
  • SymbolEURONEXT:MT
  • IndustryBasic Material
  • SectorSteel
  • Currency
  • ISINLU1598757687

Company Profile

ArcelorMittal is the largest player in the global steel industry. Formed in 2006 via the merger of Arcelor and Mittal Steel, the two largest steelmakers at the time, ArcelorMittal now produces more than 5% of the world’s steel. The company derives the majority of its revenue from North America and Europe, while emerging markets account for approximately 40% of total sales. However, the company is slated to divest its ArcelorMittal USA operations to Cleveland-Cliffs in a transaction expected to close by year-end 2020.ArcelorMittal SA is an integrated steel and mining company. The company produces diversified portfolio of iron ore and coal assets as well as steel flat products, including sheet and plate, and long products, including bars, rods and structural shapes.

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