Regulatory News:
ArcelorMittal is donating 100,000€ to the Save The Children NGO to help the victims of the Myanmar disaster.
Save The Children has been recognized by the United Nations as the number one responding agency in this emergency. The organisation has managed to reach over 160,000 people already. The UN estimates that only 500,000 of the 2.4 million people in the worst affected areas have received some form of aid. Nearly half of the survivors are children, which leaves 900,000 in desperate need of help.
The donation to Save the Children is being made by the ArcelorMittal Foundation.
Commenting, Mr. Lakshmi Mittal, Chairman & CEO of ArcelorMittal, said: “On behalf of ArcelorMittal, I would like to express my deepest sympathies to all the people affected by this disaster. As a responsible corporate citizen, ArcelorMittal is committed to contribute to the urgent relief efforts underway in Myanmar.”
About ArcelorMittal
ArcelorMittal is the world's largest and most global steel company, with 310,000 employees in more than 60 countries. The company brings together the world's number one and number two steel companies, Arcelor and Mittal Steel.
ArcelorMittal is the leader in all major global markets, including automotive, construction, household appliances and packaging, with leading R&D and technology, as well as sizeable captive supplies of raw materials and outstanding distribution networks. An industrial presence in 28 European, Asian, African and American countries exposes the company to all the key steel markets, from emerging to mature, positions it will be looking to develop in the high-growth Chinese and Indian markets.
ArcelorMittal key financials for 2007 show revenues of USD 105.2 billion, with a crude steel production of 116 million tonnes, representing around 10 per cent of world steel output.
ArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MTP), Brussels (MTBL), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS).
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