Tuesday, June 8, 2010

New head of investor relations at ArcelorMittal

Luxembourg, 8 June 2010 - ArcelorMittal, the world's largest steelmaker, has appointed Daniel Fairclough as its new head of investor relations. Daniel will succeed Julien Onillon, who is moving to become CFO of ArcelorMittal's stainless steel business segment.

Daniel brings with him a deep knowledge of the Metals & Mining industry having spent the past 10 years in senior equity research roles - initially at Merrill Lynch, where he was co-head of Mining and Steel Research, and latterly at ICAP Equities.

Daniel commented: "I'm very pleased to be joining ArcelorMittal at this time. During my years in equity research I followed the company's extraordinary growth closely and admired its leadership. I now look forward to helping other analysts and investors to understand its exciting growth strategy and ambitions in my new role".

Daniel graduated from the University of Newcastle Upon Tyne with an honours degree in Accounting and Financial Analysis.

About ArcelorMittal

ArcelorMittal is the world's leading steel company, with operations in more than 60 countries.

ArcelorMittal is the leader in all major global steel markets, including automotive, construction, household appliances and packaging, with leading R&D and technology, as well as sizeable captive supplies of raw materials and outstanding distribution networks. With an industrial presence in over 20 countries spanning four continents, the Company covers all of the key steel markets, from emerging to mature.

Through its core values of Sustainability, Quality and Leadership, ArcelorMittal commits to operating in a responsible way with respect to the health, safety and wellbeing of its employees, contractors and the communities in which it operates. It is also committed to the sustainable management of the environment and of finite resources. ArcelorMittal recognises that it has a significant responsibility to tackle the global climate change challenge; it takes a leading role in the industry's efforts to develop breakthrough steelmaking technologies and is actively researching and developing steel-based technologies and solutions that contribute to combat climate change.

In 2009, ArcelorMittal had revenues of $65.1 billion and crude steel production of 73.2 million tonnes, representing approximately 8 per cent of world steel output.

ArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MT), Brussels (MT), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS).

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