ArcelorMittal
ArcelorMittal S.A. is a Luxembourg-based 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 million metric tonnes as of 2022.[5] It is ranked 197th in the 2022 Fortune Global 500 ranking of the world's largest corporations. It employs around 154,000 people[6] and its market capital is $20 billion.[7] The total value of company assets is estimated to be around $94 billion.
Company type
2006
24-26, Boulevard d’Avranches, Luxembourg City, Luxembourg
Worldwide
Steel, flat steel products, long steel products, wire products, plates
US$2.340 billion (2023)[2]
US$919 million (2023)[2]
US$93.917 billion (2023)[2]
US$56.068 billion (2023)[2]
Lakshmi Mittal (37.4%)[3]
154,000 (2022)[4]