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As of 11:35 AM 08/22/14 All times are local (Market data is delayed by at least 15 minutes).

arcelormittal (MT) Snapshot

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52 Week High
01/17/14 - €13.40
52 Week Low
08/30/13 - €9.65
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Current Stock Chart for ARCELORMITTAL (MT)

arcelormittal (MT) Details

ArcelorMittal, Société Anonyme, together with its subsidiaries, operates as an integrated steel and mining company worldwide. The company operates in six segments: Flat Carbon Americas; Flat Carbon Europe; Long Carbon Americas and Europe; AACIS; Distribution Solutions; and Mining. It produces a range of finished and semi-finished steel products. The company offers flat products, including sheet and plate products; and long products, such as bars, rods, and structural shapes, as well as produces pipes and tubes for various applications. ArcelorMittal, Société Anonyme sells its steel products primarily in local markets and through its centralized marketing organization in approximately 170 countries. The company provides its steel products to the automotive, appliance, engineering, construction, and machinery industries. It also produces various types of 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 mining developments in Canada and India; and coal mining activities in Kazakhstan, Russia, and the United States, as well as coal mining projects under development in India. ArcelorMittal, Société Anonyme was founded in 1976 and is headquartered in Luxembourg.

230,000 Employees
Last Reported Date: 08/5/14
Founded in 1976

arcelormittal (MT) Top Compensated Officers

Chairman, Chief Executive Officer, President,...
Total Annual Compensation: $2.3M
Compensation as of Fiscal Year 2013.

arcelormittal (MT) Key Developments

ArcelorMittal Workers in Canada Will Vote on Labour Deal

Unionised workers at ArcelorMittal's plant in Contrecoeur, Quebec are set to vote on a new labour agreement negotiated by a government-appointed conciliator. The negotiation committee of the local unit 6951 for the United Steelworkers accepted to present to their members a recommendation from the conciliator, which includes a final settlement project. The general assembly of the members was scheduled for the evening of August 15 in Montreal. A vote by members in favour of the agreement would end a lockout at the facility once the union and company sign off on it.

Five Foreign Investors Reportedly Eye Zelezara Smederevo

Five foreign investors are interested in the privatization of Zelezara Smederevo d.o.o., Tanjug reported on August 15, 2014. The interested investors include ArcelorMittal (ENXTAM:MT), OAO Krasniy Oktyabr Volgograd Metal Works, United Group SA, Westwood Investment Fund and Esmark Steel Group, LLC, Serb PM Aleksandar Vucic said. He added that after completing the first round of talks with the investors, the government will announce a tender to select the winner.

ArcelorMittal Reportedly Sends Letter of Intent For Ilva

ArcelorMittal has sent a non-binding expression of interest for Ilva, trade union sources said. It was put under special administration last year after magistrates seized €8.1 billion from its owners. "A letter of intent has arrived, and Arcelor will present an industrial plan to the Italian government by the end of September," one of the union sources said. Italian newspaper Corriere della Sera reported that the government was eager to bring Italian investors on board alongside ArcelorMittal but added that the letter of intent made no mention of any Italian partner.


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