Regulatory News:
ArcelorMittal today announced the appointment of Steve Wood as Vice
President and Head of Iron Ore Operations for the Americas region. The
appointment is effective from 1 November 2011. Steve will be based in
Montreal, Canada and reports to Kleber Silva, Vice President Head of
Iron Ore and Member of the ArcelorMittal Management Committee.
Prior to his appointment with ArcelorMittal, Steve held various senior
management positions in the mining industry. Most recently he was the
Director and Head of Mining and Milling for Vale Canada's North Atlantic
operations. In this role Steve was responsible for managing 11 copper
and nickel mines, 3 mills and a new refinery and mine start up. Steve
has also worked in Indonesia as Vice President Operations at PT Inco
where he successfully improved the company's environmental and safety
performance across its operations.
Kleber Silva commented: "The Americas is an extremely important region
for ArcelorMittal's global mining business and we are pleased to welcome
an experienced operator like Steve to our team. He will ensure that the
operational aspects of the Group's iron ore operations and projects in
the region are best in class."
Steve is a member of the Canadian Institute of Mining and has a BEng
Mining from Laurentian University, Canada.
About ArcelorMittal
ArcelorMittal is the world's leading integrated steel and mining
company, with a presence in more than 60 countries.
ArcelorMittal is the leader in all major global carbon steel markets,
including automotive, construction, household appliances and packaging,
with leading R&D and technology. The Group also has a world class mining
business with a global portfolio of over 20 mines in operation and
development, and is the world’s 4th largest
iron ore producer. With operations in over 22 countries spanning four
continents, the Company covers all of the key industrial markets, from
emerging to mature, and has outstanding distribution networks.
Through its core values of sustainability, quality and leadership,
ArcelorMittal commits to operating in a responsible way with respect to
the health, safety and well-being of its employees, contractors and the
communities in which it operates. It is also committed to the
sustainable management of the environment. It takes a leading role in
the industry's efforts to develop breakthrough steelmaking technologies
and is actively researching and developing steel-based technologies and
solutions that contribute to combat climate change. ArcelorMittal is
a member of the FTSE4Good Index and the Dow Jones Sustainability World
Index.
In 2010, ArcelorMittal had revenues of $78.0 billion and crude steel
production of 90.6 million tonnes, representing approximately 6 per cent
of world steel output. The Group's mining operations produced 47 million
tonnes of iron ore and 7 million tonnes of metallurgical coal.
ArcelorMittal is listed on the stock exchanges of New York (MT),
Amsterdam (MT), Paris (MT), Brussels (MT), Luxembourg (MT) and on the
Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS).
For more information about ArcelorMittal visit: www.arcelormittal.com.
