Arcelor Mittal (Hollande)
ISIN : LU1598757687
- Bloomberg : MT NA
- Reuters : MT.AS
|Settore: Basic Resources
|Lakshmi N Mittal (Chairman & CEO)
|Aditya Mittal (CFO)
|Daniel Fairclough (Member of the management board)
ArcelorMittal was created by the merger between Mittal Steel and Arcelor in 2006. It is the world's largest steel producer with c114Mt nameplate capacity, representing c8% market share. The group has steelmaking operations in 19 countries, including 54 mini-mills and integrated facilities.
After the spin-off in 2011 of Aperam, the former stainless steel division, ArcelorMittal is focused on carbon steel products (spot: 83% of sales mix), from long (29% of its mix) to flat (69%) and tubular (1%) products.
In addition to global reach, its strengths include 62% self-sufficiency in iron ore and c15% in coking coal, and low production costs in Brazil (11% of group EBITDA).
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Fonte: Exane Derivatives, 19/02/2019
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