Showing posts with label ArcelorMittal. Show all posts
Showing posts with label ArcelorMittal. Show all posts

Wednesday, 12 June 2013

Analysis of ArcelorMittal


A French/American steel company


Company: ArcelorMittal

Business: Mining (iron ore + coal) as well as steel production. I found it funny that they are talking about up stream and down stream just like oil companies to describe the two parts.

Active: At least they claim to be the largest steel producer in the Americas, Africa and Europe. They have 16 mines running or under development (globally) and are running steel-mills in 20 countries.

P/E: -5.1