ArcelorMittal announces the publication of its 2024 annual report

Rhea-AI Summary

ArcelorMittal (MT), one of the world's leading integrated steel and mining companies, has published its annual report for the year ended December 31, 2024. The company, which operates in 60 countries with primary steelmaking facilities in 15 countries, reported significant operational metrics for 2024:

- Revenue: $62.4 billion
- Crude steel production: 57.9 million metric tonnes
- Iron ore production: 42.4 million tonnes

As the largest steel producer in Europe and among the largest in the Americas, ArcelorMittal maintains a growing presence in Asia through its joint venture AM/NS India. The company focuses on producing innovative, energy-efficient steels with lower carbon emissions, serving diverse industries including automotive, engineering, construction, and machinery sectors.

Positive

• Generated substantial revenue of $62.4 billion in 2024
• Strong production output with 57.9M tonnes of crude steel and 42.4M tonnes of iron ore
• Extensive global presence across 60 countries with operations in 15 countries
• Diversified customer base across major industrial sectors

Negative

• None.

10 March 2025, 23.55 CET

ArcelorMittal has published its annual report for the year ended 31 December 2024. The report has been filed with the electronic database of the Luxembourg Stock Exchange (www.bourse.lu) and is available at http://corporate.arcelormittal.com > Financial reports

ENDS

About ArcelorMittal 

ArcelorMittal is one of the world’s leading integrated steel and mining companies with a presence in 60 countries and primary steelmaking operations in 15 countries. It is the largest steel producer in Europe, among the largest in the Americas, and has a growing presence in Asia through its joint venture AM/NS India. ArcelorMittal sells its products to a diverse range of customers including the automotive, engineering, construction and machinery industries, and in 2024 generated revenues of $62.4 billion, produced 57.9 million metric tonnes of crude steel and 42.4 million tonnes of iron ore.

Our purpose is to produce smarter steels for people and planet. Steels made using innovative processes which use less energy, emit significantly less carbon and reduce costs. Steels that are cleaner, stronger and reusable. Steels for the renewable energy infrastructure that will support societies as they transform through this century. With steel at our core, our inventive people and an entrepreneurial culture at heart, we will support the world in making that change.

ArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MT), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS).

http://corporate.arcelormittal.com/

Contact information ArcelorMittal Investor Relations
General	+44 20 7543 1128
Retail	+44 20 3214 2893
SRI	+44 20 3214 2801
Bonds/Credit E-mail	+33 171 921 026 investor.relations@arcelormittal.com
Contact information ArcelorMittal Corporate Communications
Paul Weigh Tel: E-mail:	+44 20 3214 2419 press@arcelormittal.com

FAQ

What were ArcelorMittal's (MT) key production figures for 2024?

In 2024, ArcelorMittal produced 57.9 million metric tonnes of crude steel and 42.4 million tonnes of iron ore, generating revenues of $62.4 billion.

How many countries does ArcelorMittal (MT) operate in as of 2024?

ArcelorMittal operates in 60 countries with primary steelmaking operations in 15 countries.

What are the main stock exchanges where ArcelorMittal (MT) is listed?

ArcelorMittal is listed on the New York (MT), Amsterdam (MT), Paris (MT), Luxembourg (MT), and Spanish stock exchanges (MTS).

Which industries are ArcelorMittal's (MT) main customers?

ArcelorMittal's main customers include the automotive, engineering, construction, and machinery industries.