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ArcelorMittal

With 119 million tonnes of annual production capacity and 245,000 employees across 60 countries, ArcelorMittal is the world’s leading steel and mining company. It was formed in 2006 as a result of the merger of the Arcelor and Mittal steel groups.

Latest News

ArcelorMittal Sees Another Quarter in the Red

06 May 2016 - The world's largest steelmaker posted another unprofitable quarter on Friday, recording a net loss of US$416 million due to low steel prices.

ArcelorMittal Plans Upgrades to Rail Mill

02 May 2016 - ArcelorMittal is modernizing its rail rolling mill in Spain in a bid to improve its flexibility and efficiency, the vendor on the project has announced.

ArcelorMittal Unveils Belgian Plant Upgrade

21 April 2016 - With the help of Belgian government leaders, ArcelorMittal ceremonially inaugurated a new EUR49 million walking beam furnace at its Gent facility.

ArcelorMittal, voestalpine Teaming Up to Market New Automotive Steel

15 April 2016 - Voestalpine and ArcelorMittal have signed an agreement to jointly market a new line of galvanized press-hardened steels intended for hot-formed automotive components, ArcelorMittal has announced.

Investment Firm Acquiring ArcelorMittal Long Products Facilities (Updated)

24 March 2016 - ArcelorMittal is selling three of its U.S. long products mills to a private investment firm for an undisclosed amount, the company has announced.

Ford, GM Name ArcelorMittal as a Top Supplier

18 March 2016 - Ford Motor Co. and General Motors have each recognized ArcelorMittal as a top supplier for developing automotive products and devising solutions.

Danieli Wins Order for Canadian Bar Mill Upgrades

17 March 2016 - Danieli has been awarded a contract to install a new finishing end at ArcelorMittal’s Longueuil bar mill in the Canadian province of Quebec, the mill builder has announced.

Strike Ends at ArcelorMittal Steel Works

15 March 2016 - ArcelorMittal has reached an agreement with striking workers at its Lazaro Cardenas steel works in Mexico, according to reports.

ArcelorMittal CEO Sees Improvement on the Horizon

07 March 2016 - There’s finally some light at the end of the tunnel, ArcelorMittal’s chief executive told The (London) Financial Times.

Striking Workers Halt Production at Mexican Plant

07 March 2016 - Unionized workers at ArcelorMittal’s Lazaro Cardenas steel works in Mexico have walked off the job, saying that the company has violated their collective bargaining agreement.

Ukraine's No. 1 Exporter Is a Steelmaker

19 February 2016 - Forbes Ukraine magazine has named ArcelorMittal Kryvyi Rih as the country’s leading exporter during 2015.

ArcelorMittal Workers in Canada Accept New Labor Deal

17 February 2016 - Unionized steelworkers at ArcelorMittal's Canadian long products division have ratified a six-year labor agreement, the company has announced.

Texas, Louisiana Mini-Mills on the Sales Block, ArcelorMittal Confirms

08 February 2016 - In addition to its U.S. rail mill in Steelton, Pa., ArcelorMittal has put two other long products mini-mills on the market – its Vinton mini-mill near El Paso, Texas, and the other in LaPlace, La.

ArcelorMittal Posts US$7.9B Loss in 2015

05 February 2016 - ArcelorMittal, the world’s largest steelmaker, lost US$7.9 billion in 2015 on lower prices and large write-downs in its iron ore business.

As Power Prices Rise and Steel Prices Fall, ArcelorMittal Considers Future of South African Mill

04 February 2016 - ArcelorMittal’s South African division said it expects to record a headline loss of 1,250 cents per share in 2015 and is rethinking its investment in its ultrathin hot rolled coil mill along the country’s west coast.

Environmental Concerns Prompt Closure of Major Iron Ore Terminal in Brazil

22 January 2016 - A Brazilian court has ordered one of the world’s primary iron ore import-export terminals to shut down owing to recurring pollution problems.

SAIL, ArcelorMittal Hoping to Formally Establish New JV Later This Year

04 January 2016 - Executives at Steel Authority of India Ltd. (SAIL) and ArcelorMittal are looking to finalize a joint venture sometime this year for a new automotive steel mill in India, according to The (India) Economic Times newspaper.

Fives Wins Contracts for Upgrades at ArcelorMittal Plants

21 December 2015 - Industrial engineering group Fives has won contracts for upgrades to ArcelorMittal facilities in China and Romania, the company has announced.

ArcelorMittal Americas CEO Stepping Down in February

16 December 2015 - ArcelorMittal Americas CEO Lou Schorsch has announced that he will retire in February 2016, prompting the world’s largest steelmaker to reorganize its top management in the two continents.

Top ArcelorMittal Executive To Retire in 2016

16 December 2015 - Longtime ArcelorMittal executive Bhikam Agarwal is retiring at the end of February 2016, the company has announced.

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