Key operational overview

Segment annually (2011 - 2015) and quarterly (2014 - 2015)

  2011 2012 2013 2014 2015 1Q 14 2Q 14 3Q 14 4Q 14 1Q 15 2Q 15 3Q 15 4Q 15
Crude steel production (000's MT)                          
NAFTA 23,681 24,315 24,914 25,036 22,795 6,256 6,153 6,485 6,142 5,908 5,775 5,976 5,136
Brazil 10,926 9,872 9,987 10,524 11,612 2,413 2,382 2,971 2,758 2,875 2,934 2,953 2,850
Europe 42,677 39,776 41,923 43,419 43,853 10,899 10,941 10,837 10,742 11,341 11,644 10,880 9,988
ACIS 14,608 14,268 14,362 14,148 14,219 3,413 3,600 3,616 3,519 3,603 3,696 3,257 3,663
Total 91,891 88,231 91,186 93,127 92,479 22,981 23,076 23,909 23,161 23,727 24,049 23,066 21,637
Steel shipments* (000's MT)                          
NAFTA 21,429 22,394 22,500 23,074 21,306 5,613 5,790 5,866 5,805 5,463 5,642 5,620 4,581
Brazil 10,658 9,654 9,797 10,376 11,540 2,325 2,312 2,844 2,895 2,707 2,835 3,125 2,873
Europe 39,432 37,531 38,269 39,639 40,676 10,009 10,191 9,829 9,610 10,662 10,895 9,646 9,473
ACIS 12,604 12,921 12,422 12,833 12,485 3,187 3,306 3,229 3,111 3,006 3,205 3,196 3,078
Total 83,456 82,182 82,610 85,125 84,586 20,968 21,457 21,523 21,177 21,605 22,179 21,065 19,737
Average steel selling price (US$/tonne)                          
NAFTA 908 879 829 843 732 840 856 853 824 796 726 698 706
Brazil 1,007 951 940 867 647 895 934 866 792 713 695 622 565
Europe 946 840 804 773 609 808 799 760 721 633 617 614 568
ACIS 740 672 613 576 432 567 592 594 550 507 450 416 356
Total 915 838 799 775 623 791 798 776 735 668 635 614 569
Revenue (US$ millions)                          
NAFTA 20,617 20,760 19,645 21,162 17,293 4,928 5,423 5,645 5,166 4,777 4,545 4,371 3,600
Brazil 11,908 10,156 10,148 10,037 8,503 2,356 2,431 2,707 2,543 2,119 2,167 2,125 2,092
Europe 49,783 42,499 40,507 39,552 31,893 10,322 10,518 9,689 9,023 8,600 8,547 7,671 7,075
ACIS 10,922 10,197 8,419 8,268 6,128 2,007 2,300 1,994 1,967 1,721 1,649 1,508 1,250
Mining 6,365 5,493 5,766 4,970 3,387 1,256 1,383 1,272 1,059 758 964 908 757
Holding and service companies and eliminations (5,622) (4,892) (5,045) (4,707) (3,626) (1,081) (1,351) (1,240) (1,035) (857) (982) (994) (793)
Total 93,973 84,213 79,440 79,282 63,578 19,788 20,704 20,067 18,723 17,118 16,890 15,589 13,981
Ebitda (US$ millions)                          
NAFTA 2,039 2,014 1,397 1,206 891 259 177 429 341 53 225 340 273
Brazil 1,685 1,290 1,895 1,845 1,231 425 414 460 546 377 360 313 181
Europe 2,304 1,838 1,621 2,304 2,393 535 689 523 557 616 680 553 544
ACIS 1,269 611 314 620 317 109 156 208 147 133 88 35 61
Mining 3,078 1,755 1,980 1,331 462 433 388 278 232 114 115 143 90
Holding and service companies and eliminations 75 171 (319) (69) (63) (7) (61) 7 (8) 85 (69) (33) (46)
Total 10,450 7,679 6,888 7,237 5231 1,754 1,763 1,905 1,815 1378 1399 1351 1103
Operating income/(loss) (US$ millions)                          
NAFTA 1,264 1,243 630 386 (705) 70 7 260 49 (103) 51 88 (741)
Brazil 953 561 1,204 1,388 628 287 305 349 447 291 275 196 (134)
Europe (369) (5,725) (985) 737 171 80 334 166 157 317 387 (27) (506)
ACIS 741 (54) (457) 95 (624) (20) 25 78 12 25 (18) (176) (455)
Mining 2,578 1,209 1,176 565 (3,522) 274 233 108 (50) (36) (42) (2) (3,442)
Holding and service companies and eliminations 37 121 (371) (137) (109) (17) (72) (2) (46) 77 (74) (59) (53)
Total 5,204 (2,645) 1,197 3,034 (4,161) 674 832 959 569 571 579 20 (5,331)
Steel Ebitda/tonne (US$/tonne)                          
NAFTA 95 90 62 52 42 46 31 73 59 10 40 60 60
Brazil 158 134 193 178 107 183 179 162 189 139 127 100 63
Europe 58 49 42 58 59 53 68 53 58 58 62 57 57
ACIS 101 47 25 48 25 34 47 64 47 44 27 11 20
Total** 88 72 59 69 56 63 64 76 75 59 58 57 51
Ebitda/tonne (US$/tonne)                          
NAFTA 95 90 62 52 42 46 31 73 59 10 40 60 60
Brazil 158 134 193 178 107 183 179 162 189 139 127 100 63
Europe 58 49 42 58 59 53 68 53 58 58 62 57 57
ACIS 101 47 25 48 25 34 47 64 47 44 27 11 20
Total*** 125 93 83 85 62 84 82 89 86 64 63 64 56

* ArcelorMittal Distribution Solutions shipments are eliminated in consolidation as they primarily represent shipments originating from other ArcelorMittal operating subsidiaries.

** Average steel Ebitda/tonne is calculated as group Ebitda less mining divided by total steel shipments.

*** Average Ebitda/tonne is calculated as group Ebitda divided by total steel shipments.

Revenue by segment 2015

Below chart excludes holding and service companies and eliminations (3,626)

Total: 63,578
(US$ millions) 2015 %
NAFTA 17,293 26
Brazil 8,503 13
Europe 31,893 47
ACIS 6,128 9
Mining 3,387 5

Steel shipments by segment 2015

Below chart excludes others and eliminations

Total: 84,586
000's MT 2015 %
NAFTA 21,306 25
Brazil 11,540 13
Europe 40,676 47
ACIS 12,485 15

Ebitda by segment 2015

Below chart excludes holding and service companies and eliminations (63)

Total: 5,231
US$ millions 2015 %
NAFTA 891 17
Brazil 1,231 23
Europe 2,393 45
ACIS 317 6
Mining 462 9

Ebitda/tonne by segment 2011-2015

US$/tonne 2011 2012 2013 2014 2015
NAFTA 95 90 62 52 42
Brazil 158 134 193 178 107
Europe 58 49 42 58 59
ACIS 101 47 25 48 25
Total 125 93 83 85 62