ArcelorMittal (MT)
ArcelorMittal – the world’s largest steel company, at the end of 2013 which controlled 10% of the world steel market. It is registered in Luxembourg.
The company owns a number of enterprises on extraction of iron ore, coal and metallurgical enterprises, including large plant “Arcelor Mittal Krivoy Rog” in Ukraine.
Founded in 2006 by the merger of Arcelor Luxembourg company and Indian Mittal Steel, owned by Indian businessman Lakshmi Mittal.
After the merger, the company’s production capacity reached 420 million tons per year. The aim of the development was announced bringing capacity over the next five years to 450 million tons. The volume of steel issued in 2015 amounted to 180 million tons.
Subsidiaries: Dofasco, Kryvorizhstal, ArcelorMittal Poland, ArcelorMittal Galaţi, ArcelorMittal Ostrava, ArcelorMittal Bremen ArcelorMittal Eisenhüttenstadt
The company’s annual turnover is about $ 124.936 billion.
