ArcelorMittal: Difference between revisions
| Line 57: | Line 57: | ||
==External links== |
==External links== |
||
{{wikinews|Arcelor declares merger with Mittal Steel}} |
{{wikinews|Arcelor declares merger with Mittal Steel}} |
||
| ⚫ | |||
*[http://www.arcelormittal.com/ ArcelorMittal] — Official website |
*[http://www.arcelormittal.com/ ArcelorMittal] — Official website |
||
*[http://www.arcelormittal.tv/ ArcelorMittal Web TV] — Official WebTV/blog |
*[http://www.arcelormittal.tv/ ArcelorMittal Web TV] — Official WebTV/blog |
||
| Line 67: | Line 68: | ||
*[http://www.arcelormittal-ehst.com/ ArcelorMittal Eisenhüttenstadt (Germany)] |
*[http://www.arcelormittal-ehst.com/ ArcelorMittal Eisenhüttenstadt (Germany)] |
||
| ⚫ | |||
{{CAC 40 companies}} |
{{CAC 40 companies}} |
||
{{AEX companies}} |
{{AEX companies}} |
||
Revision as of 18:35, 7 March 2009
 | It has been suggested that Mittal Steel Company and Talk:ArcelorMittal#Merger proposal be merged into this article. (Discuss) Proposed since July 2008. |
 | This article's tone or style may not reflect the encyclopedic tone used on Wikipedia. (July 2008) |
 | |
| Company type | Public (Euronext: MT), (NYSE: MT), (BMAD: MTS), (LuxSE: MT) |
|---|---|
| Industry | Steel |
| Founded | 2006 |
| Headquarters | Avenue de la Liberté, Luxembourg City, Luxembourg |
Area served | Worldwide |
Key people | Lakshmi Mittal (Chairman of the board and CEO), Aditya Mittal (CFO) |
| Products | Steel, flat steel products, long steel products, stainless steel, wire solutions, plates |
| Revenue | US $105.2 billion (2007)[1] |
 US $14.83 billion (2007)[1] | |
| US $10.36 billion (2007)[1] | |
| Total assets | US $133.6 billion (2007)[1] |
| Total equity | US $61.53 billion (2007)[1] |
Number of employees | 326,000 (2007)[1] |
| Website | www.arcelormittal.com |
ArcelorMittal (Euronext: MT, NYSE: MT, BMAD: MTS, LuxSE: MT) is the largest steel company in the world, with 326,000 employees in more than 60 countries.[2][3] The company was formed in 2006 by the merger of Arcelor and Mittal Steel. It ranks 39th on the 2008 Fortune Global 500 list.[4] The company is headquartered in Luxembourg City, the former seat of Arcelor.[5]
Business
ArcelorMittal is a market leader in automotive, construction, household appliances and packaging. It holds sizeable captive supplies of raw materials and operates extensive distribution networks.
Its industrial presence in Europe, Asia, Africa and America gives the Group exposure to all the key steel markets, from emerging to mature. ArcelorMittal will be looking to develop positions in the high-growth Chinese and Indian markets.
ArcelorMittal key financials for 2007 show revenues of US$105.2 billion, with a crude steel production of 116 million tonnes, representing around 10% of world steel output.
ArcelorMittal is listed on the stock exchanges of New York, Amsterdam, Paris, Brussels, Luxembourg and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia.[6]
As of 4 November 2008, the market capitalisation of ArcelorMittal was $35.37B.[7]
In December, 2008, ArcelorMittal announced several plant closings, including the former Bethlehem Steel plant in Lackawana, PA and LTV Steel in Hennepin, IL.
Organizational structure
Lakshmi Mittal (owner of Mittal Steel), a non-resident Indian, is the Chairman and CEO.
The composition of ArcelorMittal's Group Management Board is as follows: Lakshmi N. Mittal (Chairman and CEO), Aditya Mittal (CFO), Michel Wurth, Gonzalo Urquijo, Sudhir Maheshwari, Christophe Cornier, Davinder Chugh.
ArcelorMittal's 11-member Board of Directors is responsible for the overall supervision of the company. The composition of the Board of Directors reflects the principles agreed upon in the memorandum of understanding dated 25 June 2006.
Images
-
Headquarters in Luxembourg City -
Headquarters in Luxembourg City -
Headquarters in Luxembourg City
References
- ^ a b c d e f "Annual Report 2007" (PDF). ArcelorMittal. Retrieved 14 June 2008.
- ^ "ArcelorMittal sees profit up 40%". BBC News. 16 May 2007.
- ^ "World Steel in Figures" (PDF). International Iron and Steel Institute. 2006.
- ^ "CNN Money: Global 500, Our annual ranking of the world's largest corporations (money.cnn.com)". Retrieved 30 September 2008.
- ^ "Boston.com : Luxembourg drops law change in Arcelor bid battle". Retrieved 30 September 2008.
- ^ "ArcelorMittal: Products & Services, Steel Services Centres (www.arcelormittal.com)". Retrieved 30 September 2008.
- ^ "Yahoo Finance: ArcelorMittal, (finance.yahoo.com)". Retrieved 24 October 2008.
External links
- ArcelorMittal — Official website
- ArcelorMittal Web TV — Official WebTV/blog
- ArcelorMittal's solutions for building and construction
- [1] — Cold Steel: The Multi-Billion-Dollar Battle for a Global Empire
- Questions for the ArcelorMittal Deal
- Lakshmi Nivas Mittal (Man of Steel) - MSNBC
- Google Finance: ArcelorMittal
- ArcelorMittal Eisenhüttenstadt (Germany)
