What kind of company is ArcelorMittal?
steel and mining company
ArcelorMittal is the world’s leading steel and mining company, with 209,000 employees across 60 countries and an industrial presence in 19. We are the leader in all major global steel markets – automotive, construction, household appliances and packaging – with safety as our number one priority.
Who owns ArcelorMittal steel?
Company structure Lakshmi Mittal (owner of Mittal Steel) is the executive chairman. His family owns 40% of the shares and voting shares in the company.
Is ArcelorMittal a platform?
ArcelorMittal’s IoT platform allows the company to manage all devices – security patches, algorithms, metadata – which is key for a data-driven company.
What products does ArcelorMittal make?
Hot rolled steels
- A10 Steels for cold forming and deep drawing applications.
- A12 Steels for re-rolling.
- A14 Structural forming grades.
- A20 Amstrong® – High Strength Steels.
- A22 Amstrong® Ultra – Ultra High Strength Steels.
- A30 Structural steels.
- A34 Indaten® atmospheric corrosion resistant steels.
Is ArcelorMittal a good investment?
Valuation metrics show that ArcelorMittal may be undervalued. Its Value Score of A indicates it would be a good pick for value investors. The financial health and growth prospects of MT, demonstrate its potential to outperform the market. It currently has a Growth Score of B.
Who is the steel king of world?
Lakshmi Mittal
He is also the “57th-most powerful person” of the 72 individuals named in Forbes’ “Most Powerful People” list for 2015….
| Lakshmi Mittal | |
|---|---|
| Known for | Steel magnate King of Steel |
| Board member of | Goldman Sachs |
| Spouse(s) | Usha |
| Children | 2, including Aditya Mittal |
What do you know about ArcelorMittal?
ArcelorMittal is the leader in all major global 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.
Who owns ArcelorMittal USA?
Cleveland-Cliffs Inc.
Published: Dec. 09, 2020, 1:15 p.m. CLEVELAND, Ohio – Cleveland-Cliffs Inc. has completed its deal to purchase nearly all of the assets of steel company ArcelorMittal USA for $1.4 billion.
Does Cleveland-Cliffs own ArcelorMittal?
ArcelorMittal North America Holding, a wholly owned subsidiary of ArcelorMittal SA (‘ArcelorMittal’ or ‘the Company’) announces today the conclusion of the sale of its remaining 38.2 million common shares in Cleveland-Cliffs Inc. (‘Cleveland-Cliffs’).
Who is Mittal cast?
Indian (north-central states and Punjab): Bania and Jain name based on the name of a clan in the Agarwal Bania community probably derived from Sanskrit mitra ‘friend ally’ (see Mitra ).