ArcelorMittal S.A.

Missions / objets :

ArcelorMittal (la « Société ») a pour objet la fabrication, le traitement et le commerce de l’acier, de produits sidérurgiques et de tous autres produits métallurgiques, ain- si que de tous les produits et matériaux utilisés dans leur fabrication, leur traitement et leur commercialisation et toutes les activités industrielles et commerciales directement ou indirectement liées à ces objets, y compris les activités minières et de recherche et la création, l’acquisition, la détention, l’exploitation et la vente de brevets, de licences, de savoir-faire et plus généralement de droits de propriété intellectuelle et industrielle.

•        La Société peut réaliser cet objet soit directement soit par la création de sociétés, l’acquisition, la détention et la prise de participations dans toutes sociétés de capitaux ou de personnes et l’adhésion à toutes associations, groupements d’intérêts et opérations en commun.

•        D’une manière générale, l’objet de la Société comprend la participation, sous quelque forme que ce soit, dans des sociétés de capitaux ou de personnes, ainsi que l’acquisition par achat, souscription ou de toute autre manière ainsi que la cession par vente, échange ou de toute autre manière d’actions, d’obligations, de titres représentatifs de créances, de warrants et d’autres valeurs et instruments de toute nature.

•        Elle peut prêter assistance à toute société affiliée et prendre toute mesure de contrôle et de surveillance de telles sociétés.

•        Elle peut effectuer toute opération ou transaction commerciale, financière ou industrielle qu’elle estime directement ou indirectement nécessaire ou utile à l’accomplissement et au développement de son ob- jet.

Axes stratégiques sur les prochaines années :

Business strategy

ArcelorMittal’s success is built on its core values of sustainability, quality and leadership and the entrepreneurial boldness that has empowered its emergence as the first truly global steel and mining company. Acknowledging that a combination of structural issues and macroeconomic conditions will continue to challenge returns in its sector, the Company has adapted its footprint to the new demand realities, intensified its efforts to control costs and repositioned its operations to outperform its competitors.

Against this backdrop, ArcelorMittal’s strategy is to leverage four distinctive attributes that will enable it to capture leading positions in the most attractive areas of the steel industry value chain, from mining at one end to distribution and first-stage processing at the other:

•        Global scale and scope

•        Unmatched technical capabilities

•        Diverse portfolio of steel and related businesses, par- ticularly mining

•        Financial capability.

Action 2020 plan

On February 5, 2016, the Company announced its Action 2020 plan, which represents a strategic roadmap for each of ArcelorMittal’s main business segments. The Action 2020 plan is over and above the Company’s ongoing management gains plan and seeks to deliver real structural improvements unique to ArcelorMittal’s business. The Action 2020 plan targets to improve its operating re- sults by $3 billion, absent any recovery in steel spreads and raw materials prices from current levels.

Some of the key segment initiatives included in the Action 2020 plan are:

•        Europe: The Company plans to continue its successful asset optimization as an ongoing transformation plan, involving continued optimization, and the clustering of finishing sites to remove substantial overhead, centralize activities (including procurement) and improve logistics and service. Together with expected higher added value (HAV) mix and volume gains, this targets delivering a $1 billion improvement in operating results over the period.

•        NAFTA: The downstream footprint optimization in the U.S. has commenced and targets yielding a minimum of $250 million improvement in operating results. The Company intends to continue to ramp-up Calvert to full capacity during 2016 and 2017 and this is anticipated to deliver a minimum of $250 million operating results improvement. Other projects are expected to boost the HAV mix and generate further improvement.

•        Brazil: The Company plans to execute its value plan and over the next five years targets an improvement in sales mix including a recovery of a share of higher margin domestic volumes and improved HAV mix.

•        ACIS: The Company plans to continue its strategic focus on operational excellence to deliver the volumes that will leverage the new competitive cost base it has in the CIS (following competitive currency devaluation) and execute on the improved competitiveness plan in South Africa.

Données fondamentales :

Board of directors - Members :

Chairman  :
M. MITTAL Lakshmi N. (Non-Indépendant)

Members :
M. BURT Tye (Indépendant)
M. DE GUCHT Karel (Indépendant)
M. KRECKÉ Jeannot (Non-Indépendant)
M. LAFONT Bruno (Indépendant)
Mme MITTAL BHATIA Vanisha (Non-Indépendant)
Mme NIMOCKS Suzanne (Indépendant)
Mme OVELMEN Karyn (Indépendant)
M. WURTH Michel (Non-Indépendant)

Executive officers :

M. MITTAL Lakshmi N.
Chairman and Chief Executive Officer

M. MITTAL Aditya
Group Chief Financial Officer and CEO ArcelorMittal Europe

 

M. ARANHA Brian
Executive vice president, head of strategy, CTO, R&D, CCM, and global automotive

M. WILLE Bart
Group head of human resources

M. DE PAULA Jefferson
Executive vice president, CEO ArcelorMittal South America Long

M. VAN POELVOORDE Geert
Executive vice president, CEO ArcelorMittal Europe Flat

M. WANDKE Simon C.
Executive vice president, CEO ArcelorMittal Mining