ArcelorMittal SA

AEX:MT

Business Description

Sector

Materials

Industry

Metals & Mining

Headquarters

Luxembourg LU

Employees

125 554

IPO date

Feb 18, 2002

ArcelorMittal is one of the world’s largest steelmakers. It turns iron ore, scrap metal, and other raw materials into steel products used in buildings, cars, appliances, machinery, packaging, and infrastructure. The company sells flat steel, long steel, and special steel products to manufacturers, distributors, construction firms, and other industrial customers.

It makes money by producing steel and selling it through long-term supply relationships and spot orders across many markets. A big part of the business is also tied to steel processing and distribution, where customers need specific shapes, grades, and finishes rather than raw metal. Because steel is a basic input for so many industries, ArcelorMittal sits near the center of the industrial supply chain.

What makes the business different is its scale and its position in a cyclical, capital-heavy industry. Steelmaking requires large plants, energy, raw materials, and technical know-how, so not many companies can do it at this scale. That gives ArcelorMittal a broad customer base and a role as a major supplier to the global economy.