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Blue Chip Growth

Stock Report: ArcelorMittal SA ADR (MT) Report Updated: Apr 14, 2014 | Print This Page

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ArcelorMittal SA ADR (MT)

Rating: Buy Volatility: Conservative
Total Grade: B Industry: Metals & Mining
Competitors: HCLP, SXCP, MUX, SLCA
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ArcelorMittal SA ADR© quotemedia

Company Profile

ArcelorMittal, together with its subsidiaries, operates as an integrated steel and mining company worldwide. Its steel products include flat products, such as slabs; finished flat products, which include plates, hot- and cold-rolled coils and sheets, hot-dipped and electro-galvanized coils and sheets, and tinplate and color coated coils and sheets; semi-finished long products comprising blooms and billets; finished long products, including bars, wire-rods, structural sections, rails, sheet piles, and wire-products; and seamless and welded pipes and tubes. The company offers its steel products for steel-consuming industries, such as automotive, distribution and processing, appliance, engineering, pipes and tubes, packaging, construction, energy, and machinery industries. It is also involved in mining iron ore and coal deposits. The company’s principal mining products include iron ore lump, fines, concentrate, pellets, and sinter feed; and coking, PCI, and thermal coal. It has coal mines located in Kazakhstan, Russia, the United States, and India; and iron ore mines in Algeria, Brazil, Bosnia, Canada, Kazakhstan, Liberia, Mexico, Ukraine, the United States, Canada, Mauritania, and India. The company, formerly known as Mittal Steel Company N.V., was founded in 1989 and is headquartered in Luxembourg.

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