Key segments for ArcelorMittal
As you have seen so far, ArcelorMittal (MT) is the global leader in steel production. Steel remains a major industrial raw material, and is consumed by many industries. ArcelorMittal supplies its products to the following key segments:
The key markets for ArcelorMittal
As the previous chart shows ArcelorMittal gets three fourths of its revenues from Europe and the North America free trade agreement (or NAFTA). Other markets include Brazil and Africa and the Commonwealth of Independent States (or ACIS). Mining remains the most profitable segment for the company. It contributes 29% to its earnings before interest, taxes, depreciation, and amortization (or EBITDA), with only 7% revenue.
While ArcelorMittal has global operations, investors can also consider companies and exchange-traded funds (or ETF’s) like United States Steel Corporation (X), Nucor Corporation (NUE), and Reliance Steel & Aluminum (RS), and the SPDR S&P Metals and Mining ETF (XME) which are more focused on U.S. markets.
© 2013 Market Realist, Inc.
But if I knew how to manage my portfolio safer and smarter than most hedge fund managers, I could realistically grow my wealth.