EE Impact

ArcelorMittal

Luxembourg · Metals & Mining

LeaveRussia detail: Scaling Back

Scaling back

ArcelorMittal is the largest steel company in the world, controlling 10% of the global steel market at the end of 2008. Registered in Luxembourg.

Status last verified 03/08/2026Source checked 28/02/2026Company website ↗LeaveRussia profile ↗

Business in Russia

ArcelorMittal bought coal from Russia as Ukrainian employees died on frontlines.

Decision trail

Decision date 16/06/2024 · Reference ↗

Resumed shipment of steel to Russia from its production in Kazakhstan. Significantly reduced revenue in 2023 vs 2022.

Local stats (LeaveRussia)

Assets(RF), mln.USD
3
Capital(RF), mln.USD
2
Glob.Revenue, mln.USD
68275
Revenue(RF), mln.USD
3
Staff(RF), 2021
34
Taxes(RF), mln.USD
1

Status history since 2022

  1. 03/08/2026 scaling back · Imported from KSE LeaveRussia

Exposure profile

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Energy, transport and commodity exposure, supplier/customer links in the region and sanctioned-party proximity.

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