ArcelorMittal holds Investor Event

ArcelorMittal S.A. / ArcelorMittal holds Investor Event . Processed and transmitted by Nasdaq Corporate Solutions. The issuer is solely responsible for the content of this announcement.

3 July, 2017 -  ArcelorMittal (the 'Company'), the world's leading integrated steel and mining company is hosting an event this evening and tomorrow in Ghent, Belgium for financial analysts and investors.

The purpose of the event is to focus on how ArcelorMittal will maintain industry leadership through the implementation of its strategic plan Action 2020, with a specific focus on the European flat business.  A series of presentations will:

• Highlight progress made in transforming the competitiveness of the European flat business
• Showcase Ghent as a benchmark of excellence in the European integrated steel industry
• Present the strategic plan and key initiatives that will support further transformation and outperformance of the European flat business versus the competition
  

ArcelorMittal Flat Europe has transformed its competitiveness in recent years, optimizing its footprint, investing for growth in high added value segments and leveraging R&D and technology strengths to provide cutting edge solutions for the most demanding end markets.  Its drive towards excellence has resulted in productivity gains and outperformance versus the competition.  The company is confident it will maintain this progress and momentum and will discuss key opportunities for the business in the coming years including:

• The integration of Ilva, Italy's leading integrated steel producer.  Ilva represents a unique opportunity to add significant value to ArcelorMittal's European business. It provides ArcelorMittal with a primary production presence in Italy, Europe's second largest steel consuming market.  Strategically well located, sitting next to one of Europe's largest deep-water ports, with significant finishing capacity, it has the potential to be a Tier 1 asset.   
   
• The Europe Transformation Plan, which is part of Action 2020.  The group's European footprint offers a unique advantage to leverage the benefits of size and scale and implement a series of efficiency improvement initiatives to sustainably improve results.  Fundamentally the transformation plan aims to sustainably improve the competitive position of ArcelorMittal's European flat business and create a positive performance gap over the competition.