Add

Our Business

How and where we run our steel and mining business.

Our progress

This year saw important progress across our business, where we continued to meet the needs of all our stakeholders.

Action 2020

Action 2020 is ArcelorMittal's commitment to structurally improving profitability and cash flow generation.

Governance

Good corporate governance is about compliance, continuous stakeholder dialogue and being a good corporate citizen.

Fact book

Details of our steel and mining operations, financials, production facilities and shareholder information.

Coal production and shipment by geography

Coal production by mine (millions of metric tonnes)

Mine	2013	2014	2015	2016	2017	1Q 17	2Q 17	3Q 17	4Q 17
USA - Midvol/Concept	2.6	2.0	1.6	1.8	2.0	0.5	0.5	0.5	0.5
Russia - Kuzbass	0.7	0.2	-	-	-	-	-	-	-
Kazakhstan - Karaganda	4.8	4.8	4.6	4.5	4.3	1.2	1.1	1.0	1.0
Own production	8.1	7.0	6.1	6.3	6.3	1.7	1.6	1.5	1.5
South Africa - Tshikondeni	0.4	0.3	-	-	-	-	-	-	-
USA - Madison¹	0.4	0.4	0.1	-	-	-	-	-	-
Strategic contracts	0.8	0.7	0.1	-	-	-	-	-	-

Total	8.8	7.7	6.3	6.3	6.3	1.7	1.6	1.5	1.5

1 Includes strategic agreement – prices on a fixed-price basis.

Coal production by region annually (2013-2017) and quarterly (2017)

Mine	2013	2014	2015	2016	2017	1Q 17	2Q 17	3Q 17	4Q 17
North America	2.6	2.0	1.6	1.8	2.0	0.5	0.5	0.5	0.5
Asia, CIS & Other	5.4	5.0	4.6	4.5	4.3	1.2	1.1	1.0	1.0
Own production	8.1	7.0	6.1	6.3	6.3	1.7	1.6	1.5	1.5
North America¹	0.4	0.4	0.1	-	-	-	-	-	-
Africa	0.4	0.3	-	-	-	-	-	-	-
Strategic contracts	0.8	0.7	0.1	-	-	-	-	-	-
Group	8.8	7.7	6.3	6.3	6.3	1.7	1.6	1.5	1.5

1 Includes strategic agreement - prices on a fixed price basis.

Own coal production by mine (millions of metric tonnes)

X-axis	Value	Color code
USA - Midvol/Concept	32%	#5C7F92
Kazakhstan - Karaganda	68%	#70A489
Total 6.3

(Millions of metric tonnes)	2017	%
USA - Midvol/Concept	2.0	32
Kazakhstan - Karaganda	4.3	68

Coal shipments annually (2013-2017) and quarterly (2017)

Millions of metric tonnes	2013	2014	2015	2016	2017	1Q 17	2Q 17	3Q 17	4Q 17
External Sales - Third party	3.3	1.8	1.5	1.4	1.1	0.3	0.3	0.2	0.4
Internal sales - Market Priced	1.6	2.1	1.3	2.1	1.7	0.5	0.5	0.4	0.2
Total market priced shipments	4.8	3.9	2.8	3.5	2.8	0.8	0.8	0.6	0.6
Captive (Cost plus basis)	2.9	3.3	3.2	3.4	3.5	0.9	0.9	0.9	0.9
Total Shipments	7.7	7.2	6.0	6.9	6.3	1.7	1.7	1.5	1.5
Strategic contracts	0.8	0.7	0.1	-	-	-	-	-	-
Total shipments including strategic contracts	8.5	7.9	6.2	6.9	6.3	1.7	1.7	1.5	1.5

Coal shipments 2017 (million of metric tones)

X-axis	Value	Color code
Market priced	44%	#919597
Captive (Cost plus basis)	56%	#77797A
Total 6.3

(Millions of metric tonnes)	2017	%
Market priced	2.8	44
Captive (Cost plus basis)	3.5	56

Coal shipments 2017 (external sales -third party and internal sales at market price) (million of metric tones)

X-axis	Value	Color code
External sales - Third party	39%	#77797A
Internal sales at market price	61%	#858789
Total 2.8

(Millions of metric tonnes)	2017	%
External sales - Third party	1.1	39
Internal sales at market price	1.7	61

There are three categories of sales:

1) “External sales”: mined product sold to third parties at market price;

2) “Market-priced tonnes”: internal sales of mined product to ArcelorMittal facilities and reported at prevailing market prices;

3) “Cost-plus tonnes” - internal sales of mined product to ArcelorMittal facilities on a cost-plus basis. The determinant of whether internal sales are reported at market price or cost-plus is whether the raw material could practically be sold to third parties (i.e. there is a potential market for the product and logistics exist to access that market).