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ArcelorMittal S.A. is a Luxembourg-based multinational steel manufacturing corporation headquartered in Luxembourg City. It is ranked second on the list of steel producers behind Baowu , and had an annual crude steel production of 78 million metric tonnes in 2023. [ 1 ]
During the German occupation of Luxembourg during World War II, the Gauleiter Gustav Simon installed his headquarters in a wing of the building. In 2002, ARBED merged with other European steel companies to form Arcelor , which in turn merged with Mittal Steel in 2006 to form ArcelorMittal , and the building changed ownership accordingly.
Ilva S.p.A. is an Italian steel company in Taranto that for much of the 20th century was Italy's largest steel producer and one of the largest in Europe. In June 2017, Arcelor Mittal became the chief shareholder. [2]
The new group, formed from the two largest steel producers in the world, took the name ArcelorMittal. [22] Its headquarters initially remained in the Avenue de la Liberté in Luxembourg. [22] The first factory worldwide to receive the name ArcelorMittal, was ArcelorMittal Dudelange. The group made about 6% of the world's steel in 2016. [23]
Arcelor S.A. was the world's largest steel producer in terms of turnover and the second largest in terms of steel output, with a turnover of €30.2 billion and shipments of 45 million metric tons of steel in 2004.
In August 2006, it acquired Arcelor to form ArcelorMittal. The company was named Ispat International N.V. until a merger with LNM Holdings N.V. in 2004. [1] As of 2006, the company was 44.79% owned by Lakshmi Mittal and his family and 54.74% of the company was publicly traded. [1]
The Aciéries Réunies de Burbach-Eich-Dudelange (French; literally "United Steelworks of Burbach-Eich-Dudelange"), better known by its acronym ARBED, was a major Luxembourg-based steel- and iron-producing company.
ArcelorMittal Ghent is a Belgian steelworks situated in Ghent near Zelzate, Flanders. It was founded in 1962 by ARBED as Sidmar ; the first maritime steel producer in Belgium. History