Business Overview in China

ArcelorMittal offers a full range of products and services in China.


Key business areas are:


1. Steel manufacturing

*  Hunan Valin (ArcelorMittal holds share 29.97%), annual output of 13 million tones, products ranging from hot rolled, cold rolled and galvanized coil, wire rod, bar to heavy plate and seamless tube.


ArcelorMittal will launch two new joint ventures with Hunan Valin.

  - Valin ArcelorMittal Automotive Steel (VAMA). The industrial and commercial automotive joint venture that will have an annual production capacity of 1.2 million tones of flat carbon steel, mainly for automotive applications. Products will include cold rolled steel, galvannealed steel and pure zinc galvanized steel. Hunan Valin Steel Co., Ltd will own 34% in the new joint venture, and ArcelorMittal and Hunan Valin Group will each have a 33% equity share.

  - Valin ArcelorMittal Electrical Steel Co., Ltd. (VAME). The registered capital of VAME is 2.6 billion RMB, Valin Steel Group and ArcelorMittal each take a 50% share. This JV will build cold rolling and processing facilities for 0.4 million tones annual production of non-grain oriented (NGO) and grain oriented (GO) electrical steels.

*  China Oriental (29.63 % participation), annual output of 6 million tones, products ranging from H-beams, hot rolled, cold rolled and galvanised strip, slab and billets


2. Steel solutions and services

  - ArcelorMittal International sales offices focus on import from ArcelorMittal mills, has 3 representative offices in Beijing, Shanghai, Urumqi, and an extensive network including Guangzhou and Hong Kong

  - Luxembourg Steel (Sichuan) Co., Ltd. Is the steel distribution and delivery network of ArcelorMittal group in China, which provides the one-station steel distribution and delivery service to domestic engineering construction and industrial end-user with its 11 subsidiaries in China

  - Oriental Sheet Piling provides complete foundations solutions answering customer's requirements in terms of cost, time efficiency and structural reliability. OSP has built a comprehensive network bringing products closer to customers (Shanghai, Beijing, Tianjin, Guangzhou, Wuhan, HK)

  - Wire solutions: steel cord wire drawing (east coast)

  - Total Offer Processing: sheet metal forming, painting and assembly (Changzhou)


3. Procurement

Procure equipment, spare parts, industrial products and refractory procurement for ArcelorMittal plants worldwide. The total procurement amount reached 356 million USD in 2010.


4. Mining

ArcelorMittal is focusing on its mining activities, in accordance with its integrated business model. This is part of a strategy to actively develop the raw material base, thereby raising the level of iron ore self-sufficiency to 75%.


At the end of 2010, the total investment in China has been over 1.5 billion US dollars.