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arcelormittal-ny registered (MTN) Snapshot

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11/11/13 - $229.50
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arcelormittal-ny registered (MTN) 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-ny registered (MTN) Top Compensated Officers

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

arcelormittal-ny registered (MTN) Key Developments

Arcelormittal Reports Production Results for the Month and Year to Date Ended September 2014

ArcelorMittal reported production results for the month and year to date ended September 2014. For the month, the company reported production of hot metal of 524,500 tons against 469,800 tons a year ago. Steel was 594,200 tons against 533,700 tons a year ago. Rolled product was 511,900 tons against 476,500 tons a year ago. For the year to date, the company reported production of hot metal of 4,169,700 tons against 4,146,900 tons a year ago. Steel was 4,717,700 tons against 4,763,900 tons a year ago. Rolled product was 4,147,900 tons against 4,177,500 tons a year ago.

Tauron Polska Energia and ArcelorMittal File a Request for a Permit to Create a Joint Company, Tameh Holding

Tauron Polska Energia and ArcelorMittal have filed a request for a permit to create a joint company Tameh Holding. Earlier, Tauron and ArcelorMittal signed an agreement based on which the two companies will be partners in Tameh, which will carry out investments and projects in the sphere of industrial energy. The deal was signed for 15 years with an option to extend. Tauron and ArcelorMittal each own 50% of Tameh Holding. Meanwhile, Tameh Holding owns 100% of Tameh Polska and Tameh Czech, which operate heat and power stations. The business goal is long-term international co-operation of the two companies. The financial goal is to generate financing for necessary investments in the joint project. Both sides hope for higher efficiency in investments, which in turn should translate into greater competitiveness.

ArcelorMittal, Marcegaglia In Ilva Takeover Talks With Italian ministry

ArcelorMittal (ENXTAM:MT) and Marcegaglia S.p.A are in takeover talks with the Italian Ministry of Economic Development. Ilva could be split into two companies, with profitable assets being sold off and the remainder of the company remaining in government hands, were dismissed by ministry sources as false. ArcelorMittal confirmed that it is working with Marcegaglia to evaluate the opportunity of purchasing the Ilva business, but declined to give any further details about the meeting. Marcegaglia, which has said it is interested in acquiring Ilva as part of a joint venture, also confirmed its presence at the meeting Ilva's main asset is a 11.2 million tpy flat steel, plate and tube plant in Taranto.


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