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Stocks Under $10 with 50-100% upside potential - 14 days FREE!

ArcelorMittal Selected By Technip To Supply Highly-resistant Steel Wires For The Development Of Oil And Gas Offshore Fields

Stocks in this article: TEC

(1) The contract awarded to ArcelorMittal by Technip has a value over €200 million.

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About ArcelorMittal

ArcelorMittal is the world's leading steel and mining company, with a presence in more than 60 countries and an industrial footprint in over 20 countries. Guided by a philosophy to produce safe, sustainable steel, we are the leading supplier of quality steel in the major global steel markets including automotive, construction, household appliances and packaging, with world-class research and development and outstanding distribution networks.

Through our core values of sustainability, quality and leadership, we operate responsibly with respect to the health, safety and wellbeing of our employees, contractors and the communities in which we operate.

For us, steel is the fabric of life, as it is at the heart of the modern world from railways to cars and washing machines. We are actively researching and producing steel-based technologies and solutions that make many of the products and components we use in our everyday lives more energy-efficient.

We are one of the world’s five largest producers of iron ore and metallurgical coal and our mining business is an essential part of our growth strategy. With a geographically diversified portfolio of iron ore and coal assets, we are strategically positioned to serve our network of steel plants and the external global market. While our steel operations are important customers, our supply to the external market is increasing as we grow.

In 2012, ArcelorMittal had revenues of $84.2 billion and crude steel production of 88.2 million tonnes, while iron ore production reached 55.9 million tonnes. 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).

For more information about ArcelorMittal please visit: www.arcelormittal.com.

     
Contact information ArcelorMittal Investor Relations
 
Europe + 352 4792 3198
Americas +1 312 899 3985
Retail + 44 203 214 2417
SRI + 44 203 214 2854
Bonds/Credit + 33 171 92 10 26
     
 
Contact information ArcelorMittal Corporate Communications

E-mail:

press@arcelormittal.com

Phone: +352 4792 5000
     
 
ArcelorMittal Corporate Communications
 
Sophie Evans (head of media relations) +44 20 3214 2882
Laura Nutt +44 20 7543 1125
 
United Kingdom
Maitland Consultancy:
Martin Leeburn + 44 20 7379 5151
 
France
Image 7
Sylvie Dumaine / Anne-Charlotte Creach   + 33 1 5370 7470
 

About Technip

Technip is a world leader in project management, engineering and construction for the energy industry.

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