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arcelormittal (ARRB) Snapshot

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52 Week High
02/7/14 - €12.98
52 Week Low
01/15/15 - €7.76
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arcelormittal (ARRB) Details

ArcelorMittal, Société Anonyme, together with its subsidiaries, operates as an integrated steel and mining company worldwide. The company operates in six segments: Flat Carbon Americas; Flat Carbon Europe; Long Carbon Americas and Europe; AACIS; Distribution Solutions; and Mining. It produces a range of finished and semi-finished steel products. The company offers flat products, including sheet and plate products; and long products, such as bars, rods, and structural shapes, as well as produces pipes and tubes for various applications. ArcelorMittal, Société Anonyme sells its steel products primarily in local markets and through its centralized marketing organization in approximately 170 countries. The company provides its steel products to the automotive, appliance, engineering, construction, and machinery industries. It also produces various types of mining products, including iron ore lumps, fines, concentrates, and sinter feeds, as well as coking, pulverized coal injection, and thermal coal. The company has iron ore mining activities in Algeria, Brazil, Bosnia, Canada, Kazakhstan, Liberia, Mexico, Ukraine, and the United States, as well as mining developments in Canada and India; and coal mining activities in Kazakhstan, Russia, and the United States, as well as coal mining projects under development in India. ArcelorMittal, Société Anonyme was founded in 1976 and is headquartered in Luxembourg.

232,353 Employees
Last Reported Date: 02/25/14
Founded in 1976

arcelormittal (ARRB) Top Compensated Officers

Chairman, Chief Executive Officer, President,...
Total Annual Compensation: $2.3M
Compensation as of Fiscal Year 2013.

arcelormittal (ARRB) Key Developments

Northern Kuzbass Reportedly Sold To NTK

ArcelorMittal (ENXTAM:MT) decided to sell OAO Northern Kuzbass, Kommersant newspaper informed. It is acquired by National Fuel Company LLC (NTK). NTK confirmed a consent reached with ArcelorMittal. The value of the deal is undisclosed.

ArcelorMittal Lays Off 58 Workers at Three Coal Mines in Southern West Virginia

ArcelorMittal has laid off more than 50 workers at three coal mines in Southern West Virginia. ArcelorMittal told that the layoffs are necessary because of decreased demand for coal. The layoffs affect 58 workers at the company's XMV, Concept and Extra Energy mines in McDowell County. ArcelorMittal/Princeton general manager Greg Jessee told the newspaper that coal mining in the U.S. has sharply declined in recent years.

ArcelorMittal Presents at 8th Annual Bene Symposium, Dec-11-2014

ArcelorMittal Presents at 8th Annual Bene Symposium, Dec-11-2014 . Venue: Hilton Amsterdam Airport Schiphol Hotel, Schiphol Boulevard 701, Schiphol 1118 BN, Netherlands.


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