Smarter steels for people and planet. That statement drives our purpose at ArcelorMittal.
As the world’s leading steel and mining company, we have 158,000 employees and operations in 60 countries across the globe. Currently in North America we have 15,000+ people and 40 offices and facilities across Canada, the United States and Mexico. These include flat and long steelmaking operations, finishing mills, automotive tailored blanks, tubular operations, iron ore mines, scrap recycling and most recently a state-of-the-art HBI plant which you will read about later in this report.
2021 was a year of change for ArcelorMittal North America, after a significant event: divesting the majority of our USA assets to Cleveland-Cliffs at the end of 2020 which enabled us to both unlock value and reposition our North American footprint. We continue to serve our customers in the region through our strategic assets in Canada, Mexico and AM/NS Calvert in the US.
These assets represent a strong presence in North America with Dofasco and ArcelorMittal Mexico among the lowest cost producers in the region. AM/NS Calvert, which is already one of the world’s most advanced steel finishing facilities, will be enhanced by the new EAF set to come online in 2023, allowing slab source optimization.
ArcelorMittal’s important R&D facilities in East Chicago, IN, and Hamilton, Ontario, continue their product and process development work, which underpins ArcelorMittal’s leadership position in North America. After a year of transition, ArcelorMittal North America is poised for growth, with an emphasis on investments that will move us forward on our journey to carbon neutrality by 2050.
This is the first time our segment is reporting as one entity. Thus, the information you will see in our 2021 report is aggregated to reflect the business units geographically located in the North America segment: ArcelorMittal Dofasco, ArcelorMittal Long Products Canada, Mining Canada, Infrastructure Canada, AM/NS Calvert, ArcelorMittal Tubular Products, ArcelorMittal Mexico and ArcelorMittal Tailored Blanks.