ArcelorMittal
ArcelorMittal is a publicly listed global steel and mining company with 245,000 employees across 60 countries and 119 million tons of annual capacity. Through its Liberia subsidiary, it operates integrated iron ore mining, rail, and port operations exporting concentrate and DSO to global steelmakers, while the parent group serves construction, automotive, packaging, and energy markets.
- Company typePublic
- Founded2006
- HeadquartersBuchanan, Liberia
- Headcount5,001–10,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What ArcelorMittal does
ArcelorMittal is a publicly listed global steel and mining company (NYSE: MT) formed when Mittal Steel acquired Arcelor, operating with 245,000 employees across 60 countries and 119 million tons of annual steel production capacity. The group has an industrial presence in more than 22 countries spanning four continents and serves all major steel end-markets including construction, domestic appliances, packaging, and automotive. Its wholly-owned subsidiary, ArcelorMittal Liberia Ltd., created in 2006 under a 25-year Mineral Development Agreement with the Government of Liberia, operates an integrated iron ore mining, rail, and port business centered on the Mount Gangra and Tokadeh mines in Nimba County, exporting through the Port of Buchanan.
The core technology stack combines Direct Shipping Ore mining at approximately 60% iron content with a state-of-the-art 15 million tonne annual-capacity concentrator plant at Tokadeh that produces higher-grade iron ore concentrate. Operations are supported by an integrated rail network (Yekepa to Buchanan), marine loading facilities, and a trans-shipment vessel with 92,000 ton intake capacity that loads cape-size vessels up to 180,000 tons. Product lines span raw DSO, iron ore concentrate for global steel mills, and specialized steel grades (via the Industeel subsidiary) serving energy markets including nuclear reactors, LNG ships, and pipelines.
ArcelorMittal makes money through commodity-based transaction sales of iron ore and steel products to enterprise buyers via direct long-term supply relationships. Pricing is contract-negotiated rather than publicly disclosed. Customer segments are diversified across global steelmakers, construction firms, automotive manufacturers, domestic appliance producers, packaging companies, and the energy sector. Q4 2025 group revenue was $14.97 billion with EBITDA of $1.59 billion, including $314 million of mining EBITDA from the Liberia division, where iron ore shipments rose 22.70% to 10.10 million tonnes. Cumulatively, ArcelorMittal has invested $3.5 billion in Liberia, including the $1.8 billion Phase II expansion completed in 2025, with an amended MDA in February 2026 extending operations to 2050.
ArcelorMittal firmographics
Firmographics- Name
- ArcelorMittal
- Legal name
- ArcelorMittal
- Website
- https://liberia.arcelormittal.com
- Company type
- Public
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- ArcelorMittal is a publicly listed global steel and mining company with 245,000 employees across 60 countries and 119 million tons of annual capacity. Through its Liberia subsidiary, it operates integrated iron ore mining, rail, and port operations exporting concentrate and DSO to global steelmakers, while the parent group serves construction, automotive, packaging, and energy markets.
- Ownership category
- akta.pro rank
ArcelorMittal industry classification
Industry- Product category
- Iron Ore Mining and Steel Production
- NAICS
- Iron Ore Mining (212210)
- SIC
- Metal Mining (1000), Wholesale-Metals & Minerals (No Petroleum) (5050)
- akta.pro primary industry
- Iron Ore Trading, Marketing & Offtake (Physical, Blending, Contracts) (IMAKAAAG)
- akta.pro secondary industries
- Iron Ore Mine Development & Expansion (EPC, Construction, Commissioning) (IMAKAAAB), Ferrous Metals Trading & Distribution (Iron Ore, Pig Iron, DRI/HBI, Ferroalloys) (IMAKAJAA)
Keywords
Where ArcelorMittal is headquartered
LocationHeadquarters
- HQ city
- Buchanan
- HQ country
- Liberia
Offices3 records
Markets served
ArcelorMittal business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Infrastructure, Operations, Technology or R&D
Revenue model
- Iron Ore Mining and Export: Mining and exporting iron ore from Liberia to global steelmakers, shipping directly to buyers worldwide through the Port of Buchanan
- Steel Production and Sales: Global steel production with 119 million tons annual capacity across 60 countries, serving construction, domestic appliances, packaging, and automotive markets
Go-to-market motion1 record
Distribution channels1 record
Marketing channels6 records
ArcelorMittal product offering
Product offeringCore offering
ArcelorMittal mines and sells iron ore (Direct Shipping Ore at ~60% FE and higher-grade concentrate) from its Liberia concession and produces a full range of flat and long steel products globally. It operates integrated mining, rail, and port logistics that ship ore from the Port of Buchanan to steel mills and other industrial buyers worldwide, supporting construction, automotive, packaging, appliance, and energy end-markets.
Product overview
ArcelorMittal Liberia operates as a mining and logistics operation producing iron ore for global export. The company transitioned from Direct Shipping Ore (DSO) operations to a state-of-the-art iron ore concentrate production facility through its Phase II expansion. The product portfolio includes raw iron ore at 60% FE content for direct shipment, and higher-grade concentrated ore produced via the new concentrator plant at Tokadeh. Operations span mining at Mount Gangra near Yekepa, rail transport via the Tokadeh-Buchanan corridor, and port operations at Buchanan for global ocean shipping.
Differentiator
Problem solved
Functional benefit
Brands
- Industeel: Wholly owned subsidiary producing special steels for energy markets, with mills in Belgium and France, specializing in high-purity steel grades for nuclear reactors and nuclear waste transport/storage casks
Products and services
- Direct Shipping Ore (DSO)
Quantifiable outcome
- Production increasing from 5 million tonnes to 20 million tonnes of iron ore annually by 2026
- +3 more outcomes
Companies that use ArcelorMittal
Customer profileNamed customers4 records
Segments6 records
Ideal customer profiles4 records
ArcelorMittal technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
ArcelorMittal partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- Government of LiberiacoreSigned amended Mineral Development Agreement (MDA) extending duration to 2050 with right to renew for 25 years. The agreement solidifies ArcelorMittal's long-term mining expansion commitment and provides for multi-user access to the Tokadeh-Buchanan rail corridor. Total investment commitment of $3.5 billion including $200 million paid for mining rights extension and reserved railroad capacity.
- Duke Corporate EducationminorPartnership with Duke Corporate Education through ArcelorMittal University to deliver the Succeed One Leadership Program for employee development, with over 15 ArcelorMittal Liberia employees graduating from the program.
- Nimba UniversityminorArcelorMittal Liberia donated $50,000 to Nimba University specifically for strengthening the Mining Engineering and Geology Department. Total contributions to Nimba University stand at $675,000 since 2012, supporting laboratory equipment and curriculum development for mining professionals.
- Nimba County Health TeamminorMedical outreach collaboration providing healthcare services to fenceline communities in Nimba County including Bonla and Gbapa, with ArcelorMittal purchasing drugs and providing free treatment.
Scale indicators11 records
Recent moves12 records
Expansion highlights5 records
ArcelorMittal competitors and assessment
Company assessmentDirect peers
- Rio Tinto Group: Major iron ore producer operating the Pilbara mines in Western Australia with integrated rail-port infrastructure. Closely comparable business model to ArcelorMittal Liberia with mine-to-port integration and global steelmaker customers.
- Fortescue Metals Group: Pure-play iron ore producer in the Pilbara with integrated mine-rail-port operations. Closely comparable to ArcelorMittal Liberia as a focused iron ore exporter serving Asian steelmakers with high-volume infrastructure.
- Vale S.A. World's largest iron ore producer, primarily operating the Carajás mine in Brazil. Directly comparable to ArcelorMittal Liberia as a vertically integrated iron ore miner with rail-port export infrastructure supplying global steelmakers.
- BHP Group: One of the world's largest iron ore producers, primarily from Western Australia. Directly comparable to ArcelorMittal as a diversified mining major with iron ore as a core commodity and global steelmaker customer base.
- Kumba Iron Ore: South African iron ore producer majority-owned by Anglo American. Comparable to ArcelorMittal Liberia as a dedicated iron ore miner exporting high-grade ore to global steel markets from an African base.
- Cleveland-Cliffs Inc. North America's largest iron ore producer and flat-rolled steel manufacturer. Directly comparable to ArcelorMittal as a vertically integrated iron ore miner and steelmaker, with similar end-market exposure to automotive and construction.
- Ferrexpo plc: Ukrainian iron ore pellet producer exporting to European steel mills. Directly comparable to ArcelorMittal Liberia as an iron ore miner with single-country operations and significant European steelmaker customer exposure.
Broad incumbents
- Anglo American plc: Diversified mining major with iron ore exposure through Kumba Iron Ore in South Africa. Comparable to ArcelorMittal as a broad- portfolio mining incumbent, though ArcelorMittal is more steel-integrated downstream.
Emerging players
- Mount Gibson Iron Limited: Australian iron ore producer with operations in the Mid-West and Kimberley regions. Comparable to ArcelorMittal as an iron ore miner with export infrastructure, though smaller in scale and emerging rather than established.
- Champion Iron Limited: Canadian-listed iron ore producer operating the Bloom Lake mine in Quebec, focused on high-grade iron ore concentrate. Comparable to ArcelorMittal Liberia as a high-grade iron ore concentrate producer targeting premium steel markets.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
ArcelorMittal social profiles
Digital presenceArcelorMittal financial estimates
Financial estimateRevenue estimate
Valuation estimate
ArcelorMittal leadership team
Management profileNumber of profiles
Profiles8 records
ArcelorMittal subsidiaries and ownership
Company hierarchySubsidiaries3 records
ArcelorMittal funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ArcelorMittal M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ArcelorMittal
What does ArcelorMittal do?
ArcelorMittal mines and sells iron ore (Direct Shipping Ore at ~60% FE and higher-grade concentrate) from its Liberia concession and produces a full range of flat and long steel products globally. It operates integrated mining, rail, and port logistics that ship ore from the Port of Buchanan to steel mills and other industrial buyers worldwide, supporting construction, automotive, packaging, appliance, and energy end-markets.
Is ArcelorMittal a public or private company?
ArcelorMittal is a public company. It is classified as public and is currently operating.
When was ArcelorMittal founded?
ArcelorMittal was founded in 2006. It employs 5,001 to 10,000 people.
Where is ArcelorMittal based?
ArcelorMittal is headquartered in Buchanan, Liberia.
How does ArcelorMittal make money?
Two revenue lines are on record. Iron Ore Mining and Export is the primary driver. The others are steel Production and Sales.
Who are ArcelorMittal's main competitors?
Direct peers on record are Rio Tinto Group, Fortescue Metals Group, Vale S.A., BHP Group, Kumba Iron Ore, Cleveland-Cliffs Inc. and Ferrexpo plc. Anglo American plc is listed as a broad incumbent. Emerging players are Mount Gibson Iron Limited and Champion Iron Limited.
Does ArcelorMittal have an API?
No public API is recorded for ArcelorMittal.
What industry is ArcelorMittal in?
ArcelorMittal's product category is Iron Ore Mining and Steel Production. Its primary akta.pro industry code is IMAKAAAG, Iron Ore Trading, Marketing & Offtake (Physical, Blending, Contracts), with a secondary code of IMAKAAAB, Iron Ore Mine Development & Expansion (EPC, Construction, Commissioning). Its NAICS code is 212210 and its SIC code is 1000.