With about 320,000 employees in more than 60 countries, ArcelorMittal is involved in all major global steel markets, including automotive, construction, household appliances and packaging.
The company has sizeable supplies of raw materials and a global distribution network.
In 2007 the company had revenues of US$105.2 billion and crude steel production of 116 million tonnes, representing about 10 per cent of world steel output.
In 2008, a Vancouver-based junior mining company is entering into a strategic partnership with a major international steel producer to develop an iron ore port facility in Brazil.
Early this year, Adriana Resources Inc. purchased 771,818 square meters of land on the coast of Brazil for the development of a proposed iron ore port facility.
The company recently announced it has reached an agreement with ArcelorMittal, the world's largest steel producer, to move forward with the construction of a port facility in the state of Rio de Janeiro.