Mission Statement, Vision, & Core Values of ArcelorMittal S.A. (MT)

How does a global giant in the steel industry define its path? What principles guide its operations and strategic decisions? With $62.4 billion in revenues in 2024 and a crude steel production of 57.9 million metric tonnes, ArcelorMittal's mission, vision, and core values shape its identity and direction in a dynamic global landscape.

Do you know what drives ArcelorMittal towards its goals? Join us as we explore the core tenets that steer this leading steel and mining company.

ArcelorMittal S.A. (MT) An Overview of

ArcelorMittal S.A. (MT), a global leader in the steel and mining industry, has a rich history of innovation and expansion. Formed in 2006 through the merger of Arcelor and Mittal Steel, the company has grown to become a major player in the global steel market. As of April 2025, ArcelorMittal operates in numerous countries and produces a wide range of steel products, including:

• Flat products (e.g., coils, sheets, and plates)
• Long products (e.g., bars, rods, and sections)
• Tubes and pipes
• Stainless steel

These products serve various industries, including automotive, construction, household appliances, and packaging. In 2024, ArcelorMittal reported sales of $68.3 billion, reflecting its significant global presence and the strong demand for its steel products.

In 2024, ArcelorMittal demonstrated strong financial performance. The company reported revenue of $68.3 billion and EBITDA of $6.5 billion. Steel shipments reached 58.1 million tonnes. Key markets such as Europe and North America showed resilience, although the overall demand environment remained challenging due to macroeconomic uncertainties. The company's focus on cost optimization and value-added products helped to sustain profitability despite market headwinds. Strategic investments in high-growth markets and innovative technologies further supported ArcelorMittal's financial health.

ArcelorMittal stands as one of the leading companies in the steel industry, driven by its global reach, diverse product portfolio, and commitment to innovation. To delve deeper into the factors that contribute to ArcelorMittal's success and financial stability, explore Breaking Down ArcelorMittal S.A. (MT) Financial Health: Key Insights for Investors.

ArcelorMittal S.A. (MT) Mission Statement of

The mission statement reflects a company's purpose, values, and strategic objectives. It serves as a guiding light, ensuring that all activities align with the overarching goals. A well-crafted mission statement communicates the company's identity to stakeholders, including employees, customers, investors, and the broader community. It inspires commitment and helps to create a shared sense of purpose.

ArcelorMittal's mission statement is 'To transform tomorrow through smarter steels.' This declaration encapsulates the company's dedication to innovation, sustainability, and creating value for its stakeholders. Each element of the mission statement—'transform tomorrow,' 'smarter steels'—reflects a core aspect of ArcelorMittal's strategic focus.

Here's an analysis of the core components of ArcelorMittal's mission statement:

• Transform Tomorrow: This element conveys ArcelorMittal’s forward-looking approach and commitment to shaping the future. It highlights the company’s ambition to be a catalyst for change and progress.
• Smarter Steels: This signifies ArcelorMittal's focus on innovation and sustainability. It suggests a commitment to developing steel products and solutions that are technologically advanced, environmentally responsible, and economically viable.

ArcelorMittal's commitment to delivering high-quality products and services is supported by its substantial investments in research and development. For example, in 2024, the company allocated $272 million to R&D, focusing on developing advanced steel grades and sustainable manufacturing processes. This investment underscores the company's dedication to innovation and continuous improvement.

ArcelorMittal's mission statement is more than just words; it is a call to action that drives the company's strategic initiatives and daily operations. By focusing on transforming tomorrow through smarter steels, ArcelorMittal aims to create long-term value for its stakeholders while contributing to a more sustainable and prosperous world. For further insights into ArcelorMittal's financial performance, see Breaking Down ArcelorMittal S.A. (MT) Financial Health: Key Insights for Investors.

ArcelorMittal S.A. (MT) Vision Statement of

ArcelorMittal's vision is to be the world's leading steel and mining company, valued by customers, employees, shareholders and society.

The vision statement encompasses several key aspects: global leadership, value creation for various stakeholders, and a commitment to both steel and mining operations. Let's explore each of these components in detail.

Global Leadership in Steel and Mining

ArcelorMittal aims to maintain its position as the world's foremost steel and mining company. This ambition reflects a commitment to scale, innovation, and market dominance. In 2024, ArcelorMittal reported crude steel production of 58.1 million tonnes. The company's mining operations produced 42.0 million tonnes of iron ore. These figures underscore the company's significant global footprint and its position as a major player in both sectors.

To achieve and sustain global leadership, ArcelorMittal focuses on:

• Technological Advancement: Investing in research and development to improve production processes, enhance product quality, and reduce environmental impact.
• Operational Excellence: Streamlining operations, optimizing supply chains, and improving efficiency across all facilities.
• Strategic Acquisitions: Pursuing strategic acquisitions and partnerships to expand market share and geographic reach.

Value Creation for Stakeholders

The vision statement explicitly mentions creating value for customers, employees, shareholders, and society. This multifaceted approach to value creation acknowledges the interconnectedness of these stakeholders and the importance of balancing their interests.

Here’s how ArcelorMittal aims to deliver value to each group:

• Customers: Providing high-quality steel and mining products, tailored solutions, and exceptional service to meet their evolving needs. In 2024, ArcelorMittal reported sales of $68.3 billion, demonstrating the value customers place on its products and services.
• Employees: Fostering a safe, inclusive, and engaging work environment that attracts, develops, and retains top talent. The company invested $78 million in training programs in 2024, reflecting its commitment to employee development.
• Shareholders: Delivering sustainable, long-term returns through disciplined capital allocation, operational improvements, and strategic growth initiatives. ArcelorMittal distributed dividends of $0.38 per share in 2024, returning value to its shareholders.
• Society: Operating responsibly and sustainably, minimizing environmental impact, and contributing to the well-being of the communities in which it operates. ArcelorMittal allocated $256 million to environmental protection projects in 2024, underscoring its commitment to social responsibility.

Commitment to Steel and Mining

ArcelorMittal's vision statement clearly identifies both steel and mining as core components of its business. This dual focus allows the company to benefit from vertical integration, ensuring a stable supply of raw materials for its steel production while also capitalizing on the growing demand for iron ore and other mined resources.

This integrated approach offers several advantages:

• Supply Chain Security: Control over iron ore supply reduces vulnerability to price fluctuations and supply disruptions.
• Cost Optimization: Internal sourcing of raw materials can lower production costs and improve profitability.
• Quality Control: Direct oversight of the mining process ensures the quality and consistency of raw materials used in steel production.

For more insights into ArcelorMittal, explore: ArcelorMittal S.A. (MT): History, Ownership, Mission, How It Works & Makes Money

ArcelorMittal S.A. (MT) Core Values of

Company's core values are the fundamental beliefs upon which the business and its behavior are based. They are the guiding principles that dictate how Company should act. Company's core values are an integral part of its DNA, defining its culture and character. These values influence how Company serves its customers, engages its community, and attracts and retains talent.

Safety

Safety is Company's license to operate and is considered its most important value. Demonstrating a commitment to safety is crucial in the steel industry, where operations involve significant risks. Company aims to create a safe working environment for all employees and contractors.

Examples of Company's commitment to safety include:

• Implementing rigorous safety protocols and procedures across all facilities.
• Providing comprehensive safety training programs for all employees.
• Investing in technology and equipment to enhance safety.
• Promoting a culture of safety where employees are encouraged to report potential hazards and near misses.

In 2024, Company allocated a substantial portion of its capital expenditure, approximately $75 million, towards safety improvements, focusing on upgrading equipment and enhancing safety training programs across its global operations.

Sustainability

Sustainability is a core value that reflects Company's commitment to minimizing its environmental impact and contributing to a more sustainable future. This includes reducing carbon emissions, conserving resources, and promoting responsible business practices.

Examples of Company's sustainability initiatives include:

• Investing in research and development to develop innovative technologies that reduce carbon emissions.
• Implementing energy-efficient practices across its operations.
• Increasing the use of recycled materials in its production processes.
• Engaging with stakeholders to promote sustainable development.

Company's efforts in sustainability have led to a 22% reduction in CO2 emissions per tonne of steel produced since 2018. The company has committed $10 billion to decarbonization projects by 2030. Breaking Down ArcelorMittal S.A. (MT) Financial Health: Key Insights for Investors

Quality

Company is committed to providing high-quality products and services that meet the needs of its customers. This includes investing in technology, training, and processes to ensure that its products and services are of the highest standard.

Examples of Company's commitment to quality include:

• Implementing rigorous quality control procedures across all operations.
• Investing in research and development to develop new and improved products.
• Providing training and development opportunities for employees to enhance their skills and knowledge.
• Seeking customer feedback to continuously improve its products and services.

In 2024, Company invested over $40 million in quality control and research and development to enhance product quality and introduce innovative steel solutions, particularly in the automotive and construction sectors.

Leadership

Company aims to be a leader in the steel industry and is committed to innovation, operational excellence, and sustainable development. This includes investing in research and development, promoting a culture of innovation, and engaging with stakeholders to shape the future of the industry.

Examples of Company's leadership include:

• Investing in research and development to develop innovative technologies and products.
• Promoting a culture of innovation where employees are encouraged to generate new ideas and solutions.
• Engaging with stakeholders to shape the future of the steel industry.
• Setting ambitious targets for sustainability and operational excellence.

Company's leadership in the steel industry is underscored by its investment of $1.2 billion in R&D in 2024, focusing on breakthrough technologies and sustainable steelmaking processes.

People

Company values its employees and is committed to providing a safe, inclusive, and rewarding work environment. This includes offering competitive compensation and benefits, providing opportunities for training and development, and promoting a culture of diversity and inclusion.

Examples of Company's commitment to its people include:

• Offering competitive compensation and benefits packages.
• Providing opportunities for training and development to enhance employees' skills and knowledge.
• Promoting a culture of diversity and inclusion where all employees feel valued and respected.
• Investing in employee well-being programs to support their physical and mental health.

In 2024, Company dedicated approximately $30 million to employee training and development programs, emphasizing skills enhancement and safety education to foster a skilled and motivated workforce.