ArcelorMittal counts on the automotive sector

ArcelorMittal, the world's largest company, delivered strong operating results last year despite weakening demand and low iron ore prices. The increase in shipments of steel products compared to the previous year was 2.2 percent.

In addition, the way forward for ArcelorMittal looks pretty optimistic. The company continues to anticipate good demand for its steel in most countries and is therefore expanding its presence in key markets such as the USA, Brazil, NAFTA, ACIS and Europe. The most promising clients for the company are concentrated in such sectors as automotive, construction of non-residential buildings, equipment, transport and infrastructure, which will ensure the growth of demand for steel in these regions.

Steel demand in the automotive sector is the fastest growing. Last year, demand for the company's products from automakers grew by 11 percent. At the same time, the number of cars is growing in all countries of the world, which causes the need for spare parts, including replacement and catalyst repair and other details. ArcelorMittal supports car manufacturers at different stages of the vehicle lifecycle.

About a fifth of the world's car production is made from ArcelorMittal steel. The company has an industrial presence in 22 countries of the world on four continents. ArcelorMittal specializes in advanced galvanized, high strength, and coated steels for use in automobiles, vans and trucks. The company's technological solutions are aimed at supporting automakers in optimizing weight and cost, reducing carbon emissions, while guaranteeing strict safety standards.

ArcelorMittal also has dedicated business units for the development of blanks that improve the productivity of vehicle parts and vehicle parts. These are tailored blanks that are manufactured by welding flat steel sheets of various thicknesses, grades and coatings. These products offer the optimum combination of strength and ductility.