Table of Content


COMPANY EXECUTIVE SUMMARY 1
Table of Contents 2
Tables 6
Charts 7
ArcelorMittal SA - Key Company Facts 8
ArcelorMittal SA - Company Description 9
ArcelorMittal SA - Top Executives 10
ArcelorMittal SA- Top Executives Biographies 11
ArcelorMittal SA- Head Office & Locations 14
Head Office - Country 14
Key Subsidiaries 15
Key Joint Ventures 17
ArcelorMittal SA - Products and Services 18
Products 18
ArcelorMittal SA - Historic Events 19
ArcelorMittal SA - Company’s Management Discussion 21
ArcelorMittal SA - Company’s Mission and Vision 26
Mission 26
Vision 26
ArcelorMittal SA - Corporate Strategy 27
ArcelorMittal SA - Business Description 29
NAFTA 29
Brazil 30
Europe 30
ACIS 30
Mining 30
ArcelorMittal SA - ESG Spotlight 32
Environment 32
Social 32
Corporate Governance 33
ArcelorMittal SA - SWOT Analysis 34
Overview 34
Strengths 36
Weaknesses 38
Opportunities 39
Threats 40
ArcelorMittal SA - PESTLE Analysis 41
Overview 41
Political Factors 43
Economic Factors 44
Social Factors 45
Technological Factors 46
Legal Factors 47
Environmental Factors 48
ArcelorMittal SA - Financial Deep Dive 50
Share Price Trend - Oct-2023 to Oct-2024 (Average Share Closing Price) 50
Profit and Loss Statement 52
Summary of Profit and Loss Statement 52
Balance Sheet 54
Summary of Balance Sheet 54
Cash Flow Statement 56
Summary of Cash Flow Statement 56
Key Financial Ratio Analysis 58
ArcelorMittal SA - Ratio Charts 59
Activity Ratio Charts 59
Growth Ratios Charts 60
Leverage Ratio Charts 61
Liquidity Ratio Charts 61
Profitability Ratio Charts 63
Competing Players 64
Snapshot of Competing Players 65
Gerdau SA 65
Key Company Facts 65
Company Description 65
Snapshot of Competing Players 67
Nucor Corporation 67
Key Company Facts 67
Company Description 67
Snapshot of Competing Players 69
POSCO Holdings Inc. 69
Key Company Facts 69
Company Description 69
Snapshot of Competing Players 71
Tata Steel Ltd 71
Key Company Facts 71
Company Description 71
Snapshot of Competing Players 73
ThyssenKrupp AG 73
Key Company Facts 73
Company Description 73
ArcelorMittal SA - In the News 75
02-Aug-2024- ArcelorMittal announces publication of its 2024 half-year report 75
01-Aug-2024- ArcelorMittal reports second quarter 2024 and half year 2024 results 76
23-Jul-2024- ArcelorMittal announces publication of its second quarter 2024 sell-side analyst consensus figures 86
01-Jul-2024- ArcelorMittal publishes its 2023 Payments to Governments in respect of Extractive Industries report 87
11-Jun-2024- ArcelorMittal Announces Pricing of Bond Issue 87
21-Jun-2023- Construction officially starts on ArcelorMittal’s new headquarters building in Luxembourg 88
19-Jun-2023- ArcelorMittal and SEKISUI CHEMICAL’s Carbon Recycling Project achieves target ahead of schedule 90
14-Jun-2023- ArcelorMittal and LanzaTech announce first ethanol samples from commercial flagship carbon capture and utilisation facility in Ghent, Belgium 91
07-Jun-2023- ArcelorMittal North America Announces Supply Agreement with General Motors for North American-Sourced Sustainable XCarb? Steel 92
20-Apr-2023- ArcelorMittal announced as strategic supplier of XCarb? steel for BP2’s integrated photovoltaic roof 93
02-Mar-2023- ArcelorMittal develops low carbon-emissions products for KIRCHHOFF Automotive 94
06-Feb-2023- World’s first sustainable bakeware launches at Ambiente fair in Frankfurt 96
21-Nov-2022- ArcelorMittal launches new season of ’Futurising’ podcasts 98
28-Sep-2022- Zeleros and ArcelorMittal test the performance of steel for hyperloops 99
25-May-2022- ArcelorMittal launches XCarb? Accelerator Programme to support breakthrough technology start-ups and drive decarbonisation 100
ArcelorMittal SA- Key Deals 101
06-Aug-2024 - ArcelorMittal completes acquisition of strategic stake in Vallourec 101
06-Dec-2022 - ArcelorMittal acquires Dutch scrap metal recycling business Riwald Recycling 102
26-Aug-2022 - Essar Signs $2.4 Billion Deal To Sell Ports Business To ArcelorMittal Nippon Steel 103
28-Jul-2022 - ArcelorMittal agrees acquisition of CSP in Brazil 105
11-May-2022 - ArcelorMittal acquires German steel scrap recycling businesses from Alba International Recycling 106
14-Apr-2022 - ArcelorMittal acquires majority stake in voestalpine’s state-of-the-art HBI facility in Texas 106
02-Mar-2022 - ArcelorMittal acquires steel recycling business 107
01-Aug-2021 - ArcelorMittal takes over Saudi TAQA’s JESCO 108
Appendix 109
Definitions 109
SWOT Analysis 109
PESTLE Analysis 109
Value Chain Analysis 109
ESG Spotlight 109
Financial Deep Dive 109
Financial Ratios - 110
Activity Ratios 110
Growth Ratios 111
Leverage Ratios 112
Liquidity Ratios 113
Market Ratios 114
Profitability Ratios 114
Research Methodology 115
Disclaimer 116
Contact Us 116



List of Figures

Charts
Figure 1: ArcelorMittal SA- SWOT Analysis 35
Figure 2: ArcelorMittal SA - PESTLE Analysis 42
Figure 3: ArcelorMittal SA - Average Share Price Trend - Oct-2023 to Oct-2024 51
Figure 4: ArcelorMittal SA - Profit and Loss Statement - 2020-2023 53
Figure 5: ArcelorMittal SA - Balance Sheet - 2020-2023 55
Figure 6: ArcelorMittal SA - Cash Flow Statement 2020-2023 57
Figure 7: ArcelorMittal SA - Activity Ratio Charts 59
Figure 8: ArcelorMittal SA - Growth Ratio Charts (Value %) 60
Figure 9: ArcelorMittal SA - Leverage Ratio Charts 61
Figure 10: ArcelorMittal SA - Liquidity Ratio Charts 62
Figure 11: ArcelorMittal SA - Profitability Ratio Charts (Value %) 63
Figure 12: Competing Players - Gerdau SA - Key Financials 66
Figure 13: Competing Players - Nucor Corporation - Key Financials 68
Figure 14: Competing Players - POSCO Holdings Inc. - Key Financials 70
Figure 15: Competing Players - Tata Steel Ltd - Key Financials 72
Figure 16: Competing Players - ThyssenKrupp AG - Key Financials 74

List of Tables

Tables
Table 1: ArcelorMittal SA - Company Facts
Table 2: ArcelorMittal SA - Top Executives
Table 3: ArcelorMittal SA - Top Executives Biographies
Table 4: ArcelorMittal SA - Subsidiaries
Table 5: ArcelorMittal SA - Key Joint Ventures
Table 6: ArcelorMittal SA - Products
Table 7: ArcelorMittal SA - Historic Events
Table 8: ArcelorMittal SA - Share Price Trend - Oct-2023 to Oct-2024
Table 9: ArcelorMittal SA- Ratio Analysis - 2020-2023
Table 10: ArcelorMittal SA -Competing Players