ArcelorMittal S.A. is a multinational steel manufacturing
corporation headquartered in Luxembourg City. It was formed in 2006 from the
takeover and merger of Arcelor by Indian-owned Mittal Steel.[3] ArcelorMittal
is the
ArcelorMittal S.A. is a multinational steel manufacturing
corporation headquartered in Luxembourg City. It was formed in 2006 from the
takeover and merger of Arcelor by Indian-owned Mittal Steel.[3] ArcelorMittal
is the second largest steel producer in the world, with an annual crude steel
production of 78.5 million metric tonnes as of 2018.[5] It is ranked 120th in
the 2019 Fortune Global 500 ranking of the world's largest corporations.[6]
Products and activities
The company is involved in research and development,
mining, and steel.[7] ArcelorMittal in 2016 produced around 90 million tons of
steel.[8] As of May 2017, the company made 200 unique steel grades for
automotive purposes, half of which were introduced since 2007.[9] Among the
steel varieties are Usibor 2000, which the company announced in June 2016 and
released later that year. Upon release, the high-strength automotive steel was
said to be about one-third stronger than other steels then available for
carmaking.[10]