MT · NYSE / Euronext Amsterdam, Paris /…
Who owns ArcelorMittal?
1 of the world’s richest people holds ArcelorMittal in our tracked profiles.
MT ▲ 0.67%as of Nov 11, 2026 12:23 PM ET · via Finnhub
About
ArcelorMittal makes steel and mines iron ore, with steel plants in 14 countries. It sells sheet, plate, bars, rods, pipes and other steel products to automotive, construction, appliance and machinery customers.
Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens) · Grand Duchy Of Luxembourg, Luxembourg
Source: ArcelorMittal annual report (20-F) (filed 2026-03-06) ↗. Summary in our own words.
Billionaire holders
Lakshmi MittalIndustrialsExecutive Chairman
44.7% beneficial (340,152,563 shares); family 'Significant Shareholder' 44.6% · as of Mar 2026More
- Entry
- ArcelorMittal S.A.
- Ticker
- MT
- Exchange
- NYSE / Euronext Amsterdam, Paris / Luxembourg / Spanish exchanges
- Role
- Executive Chairman (director since May 1997); son Aditya Mittal is CEO; daughter Vanisha Mittal Bhatia is a director
- Stake
- 44.7% beneficial (340,152,563 shares); family 'Significant Shareholder' 44.6%
- Stake as of
- 2026-03-05
Each row is a sourced entry from that person’s profile. Stakes are as of the date shown, not today.
Recent SEC filings
No Form 4 insider trades in ArcelorMittal from the holders above in the last 90 days.
Form 4 insider trades post within 2 business days. New to filings? Read Filings 101.
Recent moves
ArcelorMittal idles Ukraine plant, books $852M charge
The move
ArcelorMittal reported third-quarter 2026 EBITDA of $2.023 billion, up from $1.508 billion a year earlier, but swung to a net loss of $391 million attributable to equity holders, in a Nov. 5 earnings release. The loss followed an $852 million impairment and $293 million in exceptional charges tied to idling its Kryvyi Rih steel plant in Ukraine, which the company said on Sept. 25 it could no longer safely and sustainably operate after repeated missile strikes. Adjusted net income was $868 million and adjusted basic EPS was $1.15. Group steel shipments fell to 13.0 million tonnes from 13.6 million tonnes a year earlier. Shares fell 3.31% on Nov. 5.
Why it matters
The war in Ukraine has now forced out a steelmaker that had kept Kryvyi Rih running through more than three years of conflict, a sign of how much the security situation has deteriorated for industrial operators there.
The bear case
The impairment is a one-time, non-cash charge tied to a single plant; underlying group EBITDA actually improved from a year ago on higher per-tonne margins.
What to watch
Whether ArcelorMittal can safely resume any operations at Kryvyi Rih, which it says it is keeping on a asset-preservation footing rather than closing for good.
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