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Blue Chip Growth

Stock Report: ArcelorMittal SA ADR (MT) Report Updated: Jul 25, 2016 | Print This Page

ArcelorMittal SA ADR© quotemedia

Company Profile

ArcelorMittal, together with its subsidiaries, operates as an integrated steel and mining company worldwide. The company operates through five segments: NAFTA; Europe; Brazil and Neighboring Countries (Brazil); Africa & Commonwealth of Independent States (ACIS); and Mining. It produces finished and semi-finished steel products. The company’s products include flat products, such as slabs, plates, hot-and cold-rolled coils and sheets, hot-dipped and electro-galvanized coils and sheets, and tinplate and color coated coils and sheets; and seamless and welded pipes and tubes. It also offers long products, including blooms and billets, bars, wire-rods, structural sections, rails, sheet piles, and wire-products. The company provides its steel products to the automotive, appliance, engineering, construction, energy, and machinery industries. ArcelorMittal sells its products in local markets and through a centralized marketing organization in approximately 170 countries. In addition, the company produces mining products, including iron ore lumps, fines, concentrates, and sinter feeds, as well as coking, pulverized coal injection, and thermal coal. The company has iron ore mining activities in Algeria, Brazil, Bosnia, Canada, Kazakhstan, Liberia, Mexico, Ukraine, and the United States, as well as has mining developments in Canada and India; and coal mining activities in Kazakhstan and the United States. ArcelorMittal was founded in 1976 and is headquartered in Luxembourg.