ArcelorMittal SA (MT) Sector
Materials

(Current) $25.77
-0.05 (-0.19%) Open Price: 25.77

 

ArcelorMittal SA is a multinational steel manufacturing company based in Luxembourg. The company was formed in 2006 through the merger of Arcelor and Mittal Steel, creating the world's largest steel producer. The history of the company, however, traces back to the establishment of the original Arcelor and Mittal Steel companies in the late 19th and early 20th centuries, respectively.

 

ArcelorMittal is primarily engaged in the production and distribution of steel and related products. The company operates a global integrated steel and mining business, with operations spanning across more than 60 countries. It is involved in every aspect of the steel production process, from mining iron ore and coal to manufacturing finished steel products.

 

The company's products are used in a wide range of industries, including automotive, construction, appliances, packaging, and energy. ArcelorMittal's flagship product is steel, which is known for its strength, durability, and versatility. The company offers a diverse portfolio of steel products, including flat steel, long steel, and tubular products, catering to the specific needs of different industries and applications.

 

ArcelorMittal is listed on multiple stock exchanges, including the New York Stock Exchange (NYSE) and Euronext Paris. As one of the largest steel producers globally, the company has a significant market presence and is widely recognized as a leader in the steel industry.

 

In addition to its size and global reach, ArcelorMittal is noteworthy for its ongoing efforts in research and development. The company invests heavily in innovation to develop new steel products and technologies that meet evolving market demands and address environmental challenges. It has a dedicated research and development center focused on advancing steel technologies and exploring sustainable practices in the industry.

 

ArcelorMittal's commitment to sustainability is commendable. The company strives to minimize its environmental impact through initiatives such as energy efficiency improvements, waste reduction, and emissions reduction. It has set targets to reduce its carbon footprint and actively works towards sustainable steel production.

 



 

(05/24/24) $25.77
(05/27/24) $25.82
(05/27/24) (Qty.)718,274
(05/24/24) $25.71
(05/24/24) $25.89
(05/05/24) $25.24
(05/05/24) $26.55
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