ARCELORMITTAL Earnings Estimates Update by VRS, March 2020
ArcelorMittal is the largest steel producer America, Africa and Europe. In 2017 and 2018, ArcelorMittal’s global growth peaked at 3.2 percent. This global growth, however, softened in the first half of 2019, with trade and manufacturing showing signs of marked weakness. Heightened policy uncertainty, including a recent re-escalation of trade tensions between major economies, has been accompanied by a deceleration in global investment and a decline in business confidence. ArcelorMittal reports its operations in five reportable segments: NAFTA, Brazil, Europe, ACIS and Mining.
ArcelorMittal is a steel company, based in Luxembourg, with operations in more than 60 countries. Co. is active in all major global steel markets, including automotive, construction, household appliances and packaging, as well as activities in Research & Development and technology, with captive supplies of raw materials and its own distribution network. Co. has an industrial presence in over 20 countries spanning four continents, covering key steel markets, from emerging to mature. Co. offers a complete spectrum of steel products from commodity steel to value-added products, from long products to flat, from standard to specialty products, from carbon steel to stainless steel and alloys.
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