ArcelorMittal is the world's leading integrated steel and mining company, with a presence in more than 60 countries.
ArcelorMittal is the leader in all major global carbon steel markets, including automotive, construction, household appliances and packaging, with leading R&D and technology.
Through its core values of Sustainability, Quality and Leadership, ArcelorMittal commits to operating in a responsible way with respect to the health, safety and well-being of its employees, contractors and the communities in which it operates.
It is also committed to the sustainable management of the environment. It takes a leading role in the industry's efforts to develop breakthrough steelmaking technologies and is actively researching and developing steel-based technologies and solutions that contribute to combat climate change.
ArcelorMittal is the leader in all major global steel markets, including automotive, construction, household appliances and packaging, with leading R&D and technology, as well as sizeable captive supplies of raw materials and outstanding distribution networks. With an industrial presence in over 20 countries spanning four continents, the Company covers all of the key steel markets, from emerging to mature.
At a glance
With 119 million tonnes of annual production capacity and 245,000 employees across 60 countries, ArcelorMittal is the world’s leading steel and mining company.
We are the leader in all major global steel markets, including automotive, construction, household appliances and packaging, with leading research and development and technology, as well as sizeable captive supplies of raw materials and outstanding distribution networks. With an industrial presence in more than 22 countries spanning four continents, the company covers all of the key steel markets, from emerging to mature.
Our core philosophy is to produce safe, sustainable steel. In doing so, our top priority is safety and our goal is to be the world’s safest steel and mining company.
As a company, we are committed to our promise of ‘transforming tomorrow’. Guiding us in this are our values of sustainability, quality and leadership.
We have steelmaking operations in more than 20 countries on four continents, in both developing and developed steel markets. In 2012, we had revenues of US$84.2 billion and crude steel production of 88.2 million tonnes, which represents around 6% of world steel output.
Around 39% of our steel is produced in the Americas, 44% in Europe and 17% in other regions, including Kazakhstan, South Africa and Ukraine. ArcelorMittal is number one for market position and market share in North and South America, Western Europe, Eastern Europe and CIS, and Africa.
We are focusing our efforts for future growth on the emerging economies, particularly Brazil and India, with joint ventures under way in the Middle East and China.
Our mining business is one of the pillars of ArcelorMittal’s growth strategy. In 2015 we produced 73.7 million tonnes of iron ore and 8.2 million tonnes of coal. Our low-cost iron ore and coal resources provide security of supply and shelter from raw material price changes. Our mining business also offers substantial scope for profitable expansion, and we have a production target of 84 million tonnes of iron ore by 2015.
We currently have mining operations in 10 countries: Algeria, Bosnia & Herzegovina, Brazil, Canada, Kazakhstan, Liberia, Mexico, Russia, Ukraine and the US.
Our mining operations
ArcelorMittal has a global portfolio of 16 operating units with mines in operation and development and is among the largest iron ore producers in the world. In 2012 we produced 55.9 million tonnes of iron ore and 8.2 million tonnes of coal
ArcelorMittal mines iron ore and metallurgical coal. Iron ore is the primary raw material in steelmaking and coal is used as fuel to melt the ore. We are building greater self-sufficiency in raw material production and diversified external markets for our iron ore and coal. Our goal is to achieve a production capacity of 84 million tonnes of iron ore by 2015.
Our acquisition of Baffinland Iron Ore Mines, in partnership with Nunavut Iron Ore, has consolidated our position as a major iron ore producer. As part of this project, we will develop a mine in Nunavut, a territory in the Canadian Arctic.
Our mining projects
ArcelorMittal’s Mining segment has production facilities in North and South America, Africa, Europe and CIS. The following table provides an overview by type of facility of ArcelorMittal’s principal mining operations: