LEADING THE WORLD IN SUSTAINABLE STEEL PRODUCTION Arcelor Mittal is the global leader in integrated mining and steel production. Philip Yorke looks at how this huge concern is pioneering high-tech solutions both in steel production and sustainability and at its continuing programme of investment in new plant and renewal.
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rcelor Mittal is the world’s leading steel and mining company and is the successor to Mittal Steel, which was originally founded by Mr Lakshki N. Mittal in 1976. The new company was created by the merger between Arcelor and Mittal Steel in 2006. Today, with more than 100 million tonnes annual production capacity and over 260,000 employees spread across 60 countries, Arcelor Mittal is the clear market leader. The company is also the leader in all major global steel markets, including automotive, construction, household appliances and packaging. Furthermore, Arcelor Mittal manages its own leading research and 148 Industry Europe
development operations and its sizeable, captive supplies of raw materials and extensive distribution networks worldwide. Currently Arcelor Mittal employs more than 1400 full-time researchers at 11 laboratories worldwide and in 2010 invested more than USD320 million in research and development. Arcelor Mittal is listed on the NY stock exchange as well as on other leading stock exchanges throughout Europe, and in 2011 posted revenues of more than USD94 billion. With an industrial presence in more than 20 countries, spanning four continents, the company covers all the key steel markets, from emerging to mature.
Developing sustainable mining and steel production Through its core values of sustainability, quality and leadership, Arcelor Mittal commits to operating in a responsible way with respect to health, safety and the well-being of its employees as well as to contractors and the communities in which it operates. The company is also committed to the sustainable management of the environment. As a testament to this commitment, the company’s recent commencement of iron ore production in Liberia meant developing a sustainable mining operation there. This involved finding solutions to a number of key
