ArcelorMittal S.A. : ArcelorMittal completes its sale of a 15% interest in ArcelorMittal Mines Canada for $1.1bn to a Consortium

  ArcelorMittal S.A. : ArcelorMittal completes its sale of a 15% interest in
 ArcelorMittal Mines Canada for $1.1bn to a Consortium led by POSCO and China
                              Steel Corporation

Luxembourg, 30 May 2013 - ArcelorMittal announces today the completion of the
previously announced investment by a consortium led by POSCO and China Steel
Corporation to acquire a 15% joint venture interest in ArcelorMittal's
Labrador Trough iron ore mining and infrastructure assets in Quebec, Canada
for US$1.1 billion.

The consortium completed its investment by acquiring a 3.95% interest in the
joint venture for total consideration of US$290 million in cash, increasing
its interest in the joint venture to 15%, with ArcelorMittal's wholly owned
subsidiary ArcelorMittal Mines Canada retaining an 85% interest in the joint
venture.

About ArcelorMittal

ArcelorMittal is the world's leading integrated steel and mining company, with
a presence in more than 60 countries.



ArcelorMittal is  the leader  in  all major  global steel  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. With  an industrial  presence in  over  20 
countries spanning four continents,  the Company covers all  of the key  steel 
markets, from emerging to mature.



Through  its   core  values   of  sustainability,   quality  and   leadership, 
ArcelorMittal commits to operating  in a responsible way  with respect to  the 
health,  safety  and  well-being  of   its  employees,  contractors  and   the 
communities in which  it operates.  It is  also committed  to the  sustainable 
management of  the environment.  It takes  a leading  role in  the  industry's 
efforts to  develop  breakthrough  steelmaking technologies  and  is  actively 
researching  and  developing  steel-based  technologies  and  solutions   that 
contribute to combat climate change.



In  2012,  ArcelorMittal  had  revenues  of  $84.2  billion  and  crude  steel 
production of 88.2  million tonnes,  representing approximately  6 percent  of 
world steel output.



ArcelorMittal is listed  on the stock  exchanges of New  York (MT),  Amsterdam 
(MT), Paris  (MT), Luxembourg  (MT)  and on  the  Spanish stock  exchanges  of 
Barcelona, Bilbao, Madrid and Valencia (MTS).



For more information about ArcelorMittal please visit: www.arcelormittal.com

Contact information ArcelorMittal Investor Relations
Europe                                                 + 352 4792 3198
Americas                                               +1 312 899 3985
Retail                                                 + 44203214 2417
SRI                                                    + 44 203 214 2854
Bonds/Credit                                           + 33 171 92 10 26
Contact information ArcelorMittal Corporate
Communications
E-mail:                                                press@arcelormittal.com
Phone:                                                 +352 4792 5000
ArcelorMittal Corporate Communications
Tobin Postma (Head of media relations)                 + 44 20 3214 2412
Laura Nutt                                             +44 20 7543 1125
United Kingdom
Maitland Consultancy:
Martin Leeburn                                         + 44 20 7379 5151
France
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Sylvie Dumaine / Anne-Charlotte Creach                 + 33 1 5370 7470

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Source: ArcelorMittal S.A. via Thomson Reuters ONE
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