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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 ...
The city today hosts the Bosnian headquarters of the ArcelorMittal Steel Company, which is the world's largest steel company, with over 320,000 employees in more than 60 countries. Prijedor also contains companies specialized in the chemical industry such as Ferrox A.D., producing iron oxides and pigments.
With total sales of over €40 billion, Arcelor was, by 2006, one of the world's largest steel manufacturer in terms of turnover. It produced long steel products, flat steel products and inox-steel. In January 2006 Arcelor announced the acquisition of Dofasco, Canada's largest steel producer with an annual output of 4.4 million tons.
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 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]
A documentary team discovered human remains on Mount Everest apparently belonging to a man who went missing while trying to summit the peak 100 years ago, National Geographic magazine reported ...
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]