Companies - ArcelorMittal

Arcelor Mittal was formed in 2006 as a result of a merger between Arcelor and Mittal Steel. The location of the new combination is Luxembourg, but the company has its main office in London. Arcelor Mittal is the leader and one of the largest steel companies in the world. The produced steel is mainly supplied to companies active in the automotive sector, in the production of household appliances and packaging.

http://www.arcelormittal.com

Metal

In the metal industry, both aluminum and steel producing companies are listed. Besides these major markets of the sector, also producers of other types of metals and metal products are counted among companies in this industry. The aluminum market is dominated by a handful of large multinationals. Core activities of companies operating in the aluminum industry are the production and further processing of aluminum. The largest customers of aluminum products are the automotive and packaging industries. Unlike the aluminum industry, the steel industry is still fragmented. Trade in steel increased in recent years by the entering of Russian and Asian steel producers on the world market. Demand from Asia, particularly China, has increased markedly in recent years. As a result, the steel industry suffers from structural over-and under-capacity, thereby also affecting the steel prices. The biggest customers of the steel industry are the car manufacturers and construction companies.