What Does It Offer?
ArcelorMittal is one of the largest global steel companies, with the following operating divisions-
NAFTA: Flat, Long, and Tubular operations of the USA, Canada, and Mexico
Brazil: Flat operations of Brazil, and the Long and Tubular operations of Brazil and its neighboring countries including Argentina, Costa Rica, Trinidad and Tobago, and Venezuela.
Europe: Flat, Long, and Tubular operations of the European business, as well as ArcelorMittal Distribution Solution (AMDS)
ACIS (Africa & Commonwealth of Independent States): Steel sheets and plates as well as tubular items like pipes, that are made by rolling processes in ACIS region.
Mining: Iron ore and coal operations
Customers include buyers in the Construction, Transport (including automotive), and Oil & Gas industries. Steel is a primary resource for manufacturers of engineered products which include products from steel bolts to motor chassis. Steel also witnesses demand from manufacturers of electrical appliances and other household consumer durables.
What Are The Alternatives?
The company faces intense competition from global peers such as-
Baosteel GroupPoscoNippon SteelThyssenKrupp