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ArcelorMittal is a multinational steel manufacturing corporation that produces a comprehensive range of steel products, including flat and long steel, wire products, and plates, alongside significant iron ore mining operations. The company develops advanced steel grades and solutions, such as high-strength steels for the automotive sector, focusing on material innovation and vertically integrated production capabilities to serve diverse industrial needs globally.
The company was formed in 2007 through the acquisition of Arcelor by Mittal Steel Company, which was founded by Lakshmi Mittal. This significant merger combined two major global steel entities, resulting in the creation of the world's largest steel producer at the time. The strategic consolidation aimed to leverage economies of scale and expand market reach across continents.
ArcelorMittal serves a broad international customer base across various industries, including construction, appliances, and notably holds a substantial market share in the automotive sector. The company's long-term vision centers on pioneering smarter, more sustainable steel solutions, continuously advancing materials science to meet evolving global demands for lighter, stronger, and more environmentally responsible steel products.
Key people at ArcelorMittal.
ArcelorMittal was founded in 2007 by Lakshmi Mitta (Founder, Chief Executive Officer and President).
ArcelorMittal was founded in 2007 by Lakshmi Mitta (Founder, Chief Executive Officer and President).
Key people at ArcelorMittal.
ArcelorMittal has 1 tracked investment across 1 company. The latest tracked deal is $240.0M Series D in Form Energy in August 2021.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Aug 25, 2021 | Form Energy | $240.0M Series D | Arcelormittal | — |
