Vous êtes sur la page 1sur 16

ArcelorMittal

Luxembourg:
19, Avenue de la Liberté
L – 2930 Luxembourg
Tel: +352 4792 2360
London:
7th Floor, Berkeley Square House
Berkeley Square
London W1J 6DA
United Kingdom
Tel: +44 (0)20 7629 7988
www.arcelormittal.com
The world’s number one
steel company

The creation of ArcelorMittal brings together two Today, ArcelorMittal is unique. It is the only truly global
companies with a common vision and a shared philosophy. steelmaker, with 320,000 employees in more than 60
Both Arcelor and Mittal Steel led the industry towards countries and an industrial presence in 20 countries.
greater consolidation. Both understood that scale, It combines market leadership in the developed markets
geographic reach and product breadth are vital ingredients of Europe and America with a competitive production
in steel industry success. Both invested heavily in research base in developing economies. It enjoys a leadership
and development to produce the next-generation steels position in technically advanced products. And it benefits
that would give customers a competitive edge. Above all, from a high level of vertical integration – from iron ore
the two companies had highly complementary footprints mining at one end of the value chain to steel service
in the world’s major markets. centres and distribution at the other.
As ArcelorMittal continues on this path, it will build not
only on the enormous strengths created by the merger
but help to establish a more sustainable steel company –
maintaining profitability throughout the variable steel
cycles – to the benefit of all its stakeholders.

The ArcelorMittal signature


Just as an individual’s handwritten signature is unique
to them, the ArcelorMittal signature is unique to the
company. Designed to suggest the transformational
energy that characterises ArcelorMittal, the signature’s
dynamic and iconic form reflects our leadership position
in the steel industry.
A unique profile,
a clear strategy
“Today, ArcelorMittal exhibits
not just size and scale, but resilience,
strength and growth.”

Message from Lakshmi Mittal, – We are the only truly global steel Our strategy is to build a sustainable and
Chairman and CEO producer, with a leadership position stable business, creating value through the
on four continents. A quarter of our cycle, through scale and diversification.
“A new era has dawned for the world
production comes from plants that
steel industry. The consolidation At the same time, we want to set the
figure among the lowest-cost producers
process of recent years, which was led standard in areas such as health and safety
in the world. Together with a high degree
in large part by ArcelorMittal and its and career development. We want to
of exposure to stable markets and long-
predecessor companies, has transformed engage positively with the communities
term contracts, this leaves us well placed
the steelmaking landscape – creating in which we operate and demonstrate
to deliver sustained profitability and high
a more stable and sustainable market our commitment to good environmental
cash-flow generation.
environment. We are proud to have practise. Our position as the industry leader
played our role in this process. –We are the only producer offering and demands no less.”
developing the full range of steel products
We have long believed that size and scale
and services. Value added and speciality Sincerely,
are vital, both to compete in a global
products account for more than 60% of
marketplace and to manage supply and
our shipments. The breadth of our product
demand through the economic cycle.
range and the diversity of our customer
A strong, sustainable industry benefits all
base help insulate us from shifting
its stakeholders – employees, customers
demand patterns.
and investors alike.
–We are not just a steel producer. At
Today, ArcelorMittal exhibits not just size
one end of the value chain, we are an
and scale, but resilience, strength and
integrated metals and mining business.
growth. Above all, we have a unique profile
At the other, we operate a significant
and a clear strategy.
service and distribution business that
transforms finished products and
delivers a bespoke service to customers.
Wherever opportunities arise, we are
able to capture them.
Transforming tomorrow: We are guiding the evolution of steel
to secure the best future for the
Our philosophy, our values industry and for generations to come…

We know that our position in the steel industry brings …Our commitment to the world
around us extends beyond the bottom

unique responsibilities. We are committed to setting


line, to include the people in which
we invest, the communities we support
and the world in which we operate.
globally recognized standards with the needs of future This long-term approach is central
to our business philosophy.
generations in mind.
Our goal is to provide the leadership that will transform
tomorrow’s steel industry.
We have a clear vision of the future, underpinned
by a consistent set of values.

Sustainability
We look beyond today to We are visionary thinkers,
envision the steel of tomorrow… creating opportunities every day…

…Because quality outcomes depend on quality …This entrepreneurial spirit brought us


people, we seek to attract and nurture the to the forefront of the steel industry.
best people to deliver superior solutions to Now, we are moving beyond what the
our customers. world expects of steel.

Quality Leadership
Health and safety A worldwide presence

We work hard to ensure the With 320,000 employees in more than 60


health and safety of our people – countries, ArcelorMittal spans the globe as
and minimise our impact on no other steelmaker. It is the industry leader
the environment. on four continents, ranking number one in
all major customer segments.

The merger of Arcelor and Mittal Steel Our huge reserves of raw materials –
brought together the leading steelmaker iron ore and coal – span five continents.
in Western Europe and Latin America with Many are located close to our steelworks,
its counterpart in North America, Eastern improving supply logistics. At the other end
Europe and the CIS, and Africa. That natural of the value chain, our worldwide network
fit is now reflected in a worldwide operation of distribution and steel service centres
with leadership on four continents and an provides a powerful complement to our
industrial presence in 20 different countries. diversified production base.
That global footprint brings numerous Allied to our product breadth, our global
benefits. Most importantly, it gives us a presence gives us unrivalled capacity to
unique platform from which to serve our deliver what our customers require.
Safety comes first: the wellbeing of our To maintain and enhance the critical multi-national customers. With plants
workforce and contractors is our number importance of Health and Safety among sited close to theirs, we are in a position to
one priority. A strong health and safety our 320,000 employees, a worldwide support their developments wherever they
culture is instilled at every level of the Health and Safety Day is held every year. arise. We can also deliver to them standard
company and is supported by a robust set The purpose of the event is to mobilise solutions around the globe, assuring them
of safety standards. A continuous reduction the Group’s entire workforce – including consistent quality.
in the frequency rate of accidents is subcontractors – to improve risk The scale and scope of our operations
targeted year-on-year. awareness, identify best practice enhance our ability to compete effectively.
and promote knowledge sharing Our business units support one another by
Our health and safety management system
in the health and safety arena. generating product synergies and sharing
lays particular emphasis on local health and
safety leadership and behaviour. A structure know-how. All benefit from the enhanced
of Group-level and regional health and purchasing power that comes from being
safety committees is designed to improve part of the expanded Group. All share in
the flow of new initiatives and support the fruits of our continuous investment
the sharing of best practices throughout in research and product development.
the Group. And all enjoy access to world markets
through a unified export organisation
and a global sales and marketing network.

Above:
Child’s drawing taken from the
Health and Safety Day in Kazakhstan.
Our global production
Percentages indicate geographical breakdown
of ArcelorMittal production in 2007
116
million tonnes of steel
produced worldwide
21%
US and Canada

13%
Central and Eastern Europe
34%
Western Europe
10%
CIS and Central Asia
07%
Africa

US $105.216
billion
sales in 2007
15%
Latin America
The drive for
operational excellence
With our unmatched scale and diversity,
we benefit from a rich storehouse of
technical know-how. This is deployed
in a systematic manner to get the best
out of every plant, every process,
every function.

The drive for operational excellence The knowledge-sharing process is Case Study:
is no one-off activity. At ArcelorMittal, coordinated at corporate level, allowing key Twinning
we believe that performance enhancement skills to be transferred around the Group
Once plants are twinned, inter-plant
is a continuous process. When we achieve quickly and efficiently. Where possible,
visits of operational and technical
one goal, we set ourselves another. the processes and tools that underlie these
managers are organised. The managers
skills are becoming standard throughout
Our global presence and the scope of our undertake detailed benchmarking of key
the Group and consequently in training
operations have given us access to a unique performance indicators (kpis), compare
programmes at the ArcelorMittal University.
knowledge base. It has been both deepened operating and maintenance practices,
and enriched by the ArcelorMittal merger. To stimulate the exchange of best practice and review the technological needs of
at shop floor level, a number of plants the facilities. By sharing best practices,
Sharing that knowledge lies at the heart
with the similar characteristics – such as ideas for improvement are generated
of the Group’s management approach.
production route or product mix – have and the local management then prepare
The company’s Knowledge Management
been twinned. The interaction between action plans to implement.
Programme is designed to speed the flow
them is constant and systematic.
of best practices and techniques around For example, at Galati, the actions cover
the Group. The ability to call on the very The company’s performance enhancement many areas, ranging from cycle time
best steelmaking skills and deploy them programme exists to lift the bar on future improvements in the BOF shop arising
wherever they are needed has been a major performance – not now and again, but from changes in converter blowing
contributor to our success. continuously. practice; to cost reduction; and to yield
and quality improvement from changing
the design of the converter lance.
We encourage an ongoing support and
interaction program to be developed
between the twinned operations. This
ensures that implementation is followed,
problems are addressed, and improvement
continues in a structured manner.
Quality in depth:
Case Study:
From ports to underground car parks
Our leadership in steel sheet piles, allied

An unrivalled product range


to our technical expertise in foundation
solutions, is world-renowned. We have
helped build, extend or deepen ports from
Northport, New Zealand to Hamburg,
Germany. Our Roxan® sheet pile water

All steels, all grades, all applications…


tightness system developed for the Venice
lagoon rehabilitation project has set new
standards for effectiveness. Around the
ArcelorMittal offers an unrivalled breadth world, our engineers help devise cost-
effective solutions for flood protection
of products and supports it with a range schemes, tunnels, road works or
underground car parks – and provide the

of technically advanced services that design, assembly, technical and logistics


support to turn the projects into reality.

can deliver a tailor-made solution wherever


it is needed in the world.

In flat products, we are the clear leader Quality lies at the heart of our product Case Study:
in coated steels – ranging from hot dip development. The world energy industry GlobalFloor® – From design to execution
to electro-galvanised and colour coated. relies on our pipes and tubes. We are the
GlobalFloor® is a flexible universal
We have pioneered new grades of light biggest provider of the high-strength steels
floor system employing beams
but high-strength steels for the world needed for wind turbines. Shipbuilders
and galvanised steel decks whose
automotive industry – helping our turn to us for the steels that will survive
performance is optimised through the
customers design safer, more fuel-efficient, the ultra-low temperatures aboard a liquid
judicious combination of the product
corrosion-free vehicles. nitrogen gas (LNG) carrier. The household
offer and a specially design tool.
appliance industry is a big consumer of
In long products, we produce rebars,
our stainless steels. We are a world leader GlobalFloor® enables performance to
sections and beams in all sizes and qualities.
in packaging. be optimised in respect of mechanical
We are the leader in sheet piles. We
strength, speed of erection and
produce the biggest plates in the world. Our steel service and distribution centres
incorporation of services from a
The steels we supply to the building finish steels to suit individual applications
comprehensive product range:
industry have expanded the range of and provide high-quality and personalised
construction possibilities. From the new services – adding real value to the steel – steel structure: IPE, ACB (Arcelor
World Financial Center in Shanghai, China, solutions devised. Cellular Beams) and asymmetric beams
to the Airbus assembly plant in Toulouse,
Wherever and however steel can play a – steel decks: composite concrete
France, we have helped change the shape
role, ArcelorMittal is there to provide the floors decks, prefabricated
of the world around us.
skills, expertise and the quality to make permanent formwork.
a difference.
Research and development:
Our key to the future
Research and development lies at the heart
of ArcelorMittal’s strategy to lead innovation
in the world of steel. We employ 1,400
researchers in 14 research centres around
the world, developing next-generation steels
and solutions that transform the range of
options open to our customers.

The research facilities of ArcelorMittal aesthetic appeal. Green building is today We also invest heavily in process research Case Study:
constitute one of the world’s leading a major society issue. At ArcelorMittal, we and development – to lift productivity, ULCOS
industrial research resources, targeting develop steel solutions such as ‘advanced improve quality, develop cleaner production
By taking the lead of the ambitious
continual product advances for the energy renovation packages’ based processes and protect the environment
ULCOS R&D project, ArcelorMittal takes
automotive, household appliances, on ArcelorMittal innovative products, through reduced emissions and improved
responsibility in the worldwide efforts
construction, civil engineering and components and systems minimising the recycling. As a member – and the leader
to further the steel industry’s curb CO2
general industrial sectors. primary energy consumption, optimising in Europe – of the ULCOS (‘Ultra-Low CO2
emissions and fight climate change. The
the integration of solar energy use Steelmaking’) programme, ArcelorMittal
In the automotive field, we have led the target of the ‘Ultra Low CO2 Steelmaking’
and assuring a fast, high quality and is committed to help find new steel
way with advanced high-strength and project, which is backed and funded
cost-effective construction process. production processes that drastically
high-deformability steels. We collaborate by the European Union, is to develop a
reduce emissions of CO2 and other
closely with our customers. We have We work continuously to extend our range breakthrough technology to reduce steel
greenhouse gases.
engineering teams resident in customers’ of special plates, both stainless and alloyed. industry CO2 emissions by 30 and 70%
plants, working with them at the design For the refining and petrochemicals market, respectively. Close to 50 steel companies,
stage of new product launches, helping we have developed special thick plates universities, R&D labs and other industrial
them create vehicles that are lighter, with higher-strength properties. For the partners participate in the ULCOS program
stronger, safer – and also more attractive power station market, we continue to coordinated by ArcelorMittal Research.
to the end-purchaser. meet demands for steels with improved During the project’s first phase of the
performance at high temperatures. ULCOS programme nine project teams
In construction and civil engineering,
studied a broad spectrum of potential
we have developed a range of advanced We are the leaders in a variety of industrial
solutions ranging from capture and
products – from jumbo beams to the applications. We continue to develop new
confinement of CO2 from modified
world’s widest sheet piling – that provide grades of high performance and high
blast furnaces to direct electrolysis of
new and more cost-effective solutions durability materials. We have pioneered
iron ore, as well as the possibilities offered
for our customers. Our light steel solutions methods of coating steel in a vacuum to
by alternative energies such as biomass.
reduce the weight of new buildings produce steel with anti-bacterial properties
The second phase, which looks in depth
compared with other materials, making for the food industry. Our galvanised steels,
at the selected candidate processes has
development possible in areas with poor or coated using E-passivation, eliminate the
just started. Next comes a five-year long
water-logged soils. We have developed a use of chromates, reducing the impact on
pilot phase to finally confirm the technical
range of reflecting products that substitute the environment.
and economic viability of the project.
for aluminium in lighting. Our coloured
stainless steels for use in architectural
applications combine durability with
Making a difference...
globally, locally
As a global company, we have a clear
responsibility to contribute to the wellbeing
of the communities in which we operate.

With an industrial presence in 20 countries, Wherever we have a presence, we engage Case Study:
we play an important role in stimulating actively with local bodies – providing Boosting maths and science
economic and social progress. Through support in areas such as education, social in South Africa
income generation, training, the development, healthcare, sports, enterprise To help tackle the critical shortage of
establishment of local business linkages and cultural activities. Going forward, engineering skills in South Africa, we
and the building of infrastructure, our we intend to provide added focus to this worked with the Gauteng Department
operations are themselves engines of local programme through a new initiative, of Education in the Vaal region to set up
development. We recognise, however, that the ArcelorMittal Foundation, which will a Science Centre of Excellence to teach
we have a further duty to contribute to the co-ordinate all of our social projects. mathematics and science. The centre is
wellbeing of our people, their families and equipped with ultra-modern classrooms,
The Foundation will promote the
the societies in which they live. laboratories and an interactive science
Group’s commitment to society and
A number of our operations are located in sustainable development, focusing in exhibit centre. The children and their
developing countries with pressing social particular on the communities where teachers are transported to the
and economic needs. In some of them, we operate. As part of the process, it centre daily.
we are one of the biggest foreign investors will seek to develop partnerships with The results have been dramatic. After
and employers. This brings with it an non-governmental organisations in order the first 15 weeks of lessons, one school
added responsibility – not only to our to scale up the impact of our project work that had scored just 6.8% in the initial
employees and their families but to the at a global level. assessment obtained a 69.8% mark in the
wider community. final test. Equally important, the majority
of students have developed a genuine
interest in the subjects – which bodes
well for the future.
Strong, robust and
Case Study:
Disaster relief in Mississippi
After Hurricane Katrina, the Group

highly cash-generative
‘adopted’ the town of Long Beach
Mississippi, one of the worst affected
communities, and committed $1million
to support rebuilding work.
Under the adoption process, we have
committed a project team – involving
mechanical and structural engineers, The merger has created a financially
logistics and purchasing specialists –
who are working with the local authorities strong and cash-generative business,
bringing new earnings stability to the
engaged in driving the reconstruction
effort. The team is both using its project
management skills to help rebuild the
town and using industry contacts and
partners to accelerate the work and
steel industry.
conserve the city’s funds.
We have committed ourselves to
remaining in Long Beach until the town
is fully back on its feet.

The merger of Arcelor and Mittal Steel has Our long-term debt is accorded an
created a Group with immense financial investment grade rating by the major debt
strength. In 2007, ArcelorMittal recorded rating agencies. We are pledged to work
sales over $105 billion and a top-line profit to maintain that rating in the years ahead.
(EBITDA) of $19.4 billion. We have a stated
target of lifting profits to $20 billion by
2008. Synergies relating to the merger
of Arcelor and Mittal Steel stood at US
$1.4 billion by the end of 2007. Expected
synergies in excess of US$ 1.6 billion end
on Q1 2008.

Case Study:
Encouraging bone marrow donors
in Brazil
Our support for bone marrow transplant
programmes goes back to 1988. Over
the years, we have helped develop stem
cell donor registers in France, Spain, Italy,
Belgium and Luxembourg.
Most recently, we have focused our
efforts on Brazil, where an ambitious
target set in 2004 to register 250,000
people on the Government’s REDOME
register was exceeded in 2006. By the ArcelorMittal EBITDA pro-forma ArcelorMittal financial figures (2007 figures are actual and 2006 are pro-forma unaudited)
end of 2006, the number of donors on
the REDOME register topped 334,000 – US$19.4 bn 2007 105,216 +18.8% Sales
thanks in no small part to volunteering US $16 bn
US$15.3 bn 2006 88,576 (US $ million)
on the part of thousands of employees US$14.9 bn
at the Group’s Brazilian plants. 2007 109.7 -0.7% Shipments
2006 110.5 (million tonnes)

2007 19,400 +26.8% EBITDA


2006 15,305 (US $ million)

2007 14,830 +25.1% Operating income


2006 11,857 (US $ million)
2004 2005 2006 2007
2007 10,368 +30% Net income
Q1 2008: EBITDA expected between
2006 7,994 (US $ million)
USD 4.7 bn and USD 5.0 bn
Line indicates HRC FOB US Midwest $/s. ton
Environment

Continuous improvement in environmental We invest heavily in process efficiencies Case Study:


performance is a key element of our to improve the working environment of Collect-a-can
commitment towards sustainable our people and to reduce the impact of
Our Collect-a-can initiative in
development. Our Group Environment our operations on society at large. Many
South Africa shows how an imaginative
Department works closely with the of these projects have received recognition
approach to environmental management
business units to ensure a consistent from public bodies, and many of our
can combine with job creation to make
and coordinated approach that monitors operations are accredited to the ISO 14001
a major contribution to sustainability.
and measures performance, anticipates international standard. Applying for that
regulatory changes and helps develop certification is now mandatory for all Set up in 1993, Collect-a-can encourages
more environmentally friendly methods facilities in the Group. people to recover beverage cans and
of production. sell them for recycling. More than
In addition, we are a member and the leader
R300 million ($42 million) has since
Since 1990, our Western European in Europe of the Ultra Low CO2 Steelmaking
been paid to 37,000 collectors, who in
plants have reduced their CO2 emissions programme (ULCOS) which aims to find
turn provide jobs for hundreds of people.
per tonne of steel produced by a fifth. new production processes that drastically
Almost 700,000 tonnes of steel cans
That know-how is now being transferred reduce emissions of greenhouse gases.
have been recovered over the years –
to other plants around the Group.
saving the use of non-renewable
A systematic knowledge-sharing
raw materials.
process is in place to spread best
practices worldwide. Allied to the project is a school
competition in which young people are
educated about environmental welfare
and win prizes for recovering cans. The
prize money provides much needed funds
for often disadvantaged communities.
Making the most of
our people
A career with ArcelorMittal
offers unlimited opportunities
for advancement.

Harnessing the skills of our 320,000 From starter courses for young managers to
employees is an integral part of the advanced modules on change management,
ArcelorMittal vision. We seek to be the the University is designed to provide
employer of choice in the steel industry – development opportunities for everyone
providing full scope for personal with people management responsibilities,
development, an international career spanning professional, functional or
path and unlimited opportunities technical activities.
for advancement.
Promising talent is also encouraged to
Enabling and encouraging employees at attend one of a number of management
all levels to make the most of their talents and leadership programmes at leading
is a duty on any good employer. We seek business schools in the US and Europe
to discharge that duty in a number of ways. with which we have close associations.
Our long-standing leadership development We also seek to encourage international
programme combines several tiers of mobility. To that end, we have made our
internal and external training with a internal job market as transparent as
continuous review process designed to possible. Our Job Market Online Intranet
identify and develop a long-term pool of site allows anyone within the new perimeter
talent. That process not only assesses the of the Group to apply for a vacancy in
quality of leadership within all business units any country, profession or plant.
and functions but identifies the potential
In addition to fostering internal
leaders of tomorrow.
development, we continue to look beyond
The focus of our internal training and the boundaries of the steel industry for
skills development programmes is the future talent. Every year, we recruit a
ArcelorMittal University. The University number of MBA graduates from leading
constitutes one of the most advanced business schools in Europe, the US and Asia.
corporate teaching facilities in the world,
encouraging people to acquire new skills,
take on new challenges, exchange ideas
and share best practice.
The future

We will continue to play a role


in building a more consolidated,
sustainable steel industry.

A consistent strategy has driven the That means expanding our presence in
Group over many years. We have led the developing economies – both to serve our
consolidation of the world steel industry multi-national customers and to participate
and we will continue to do so. In the process, in the domestic growth that is forecast for
we will not only build on the enormous many of those markets.
strengths created by the merger but also
As important as geographical expansion
help cement the new-found sustainability
is continued vertical integration. No other
the industry enjoys.
steelmaker combines the same wealth
We now combine a leadership position of upstream assets – in coal and iron ore
in high-end, developed markets with mining and low-cost slab production –
extensive low-cost production in with the breadth of downstream production
developing economies. We are the first and distribution enjoyed by ArcelorMittal.
steelmaker with the scale to match that
ArcelorMittal believes this winning strategy
of our global customers – and with the
has not only created the market leading
geographic reach to support them around
position enjoyed today, but ideally positions
the globe.
the company to lead the steel industry into
That reach is key. Many of our customers a new phase of quality and sustainability.
value a supplier that can deliver the same,
high-quality product in multiple markets.
We will continue to build a global platform
from which we can support them wherever
they choose to operate.
www.arcelormittal.com

Brochure imagery:
© ArcelorMittal Photo Library,
Vytas Beniusis, Daniel Ansart,
Pierre-François Grosjean
© Studio Pons
© Wolfgang Von Brauchitsch
Cour Europeenne de Justice, Luxembourg
– Dominique Perrault Architecte – © Pierre Engel

Designed by FutureBrand
Printed by Moore