Full-Time
Global steel and mining company
No salary listed
Indiana, USA
In Person
Requires travel to customer facilities as needed.
ArcelorMittal is a global leader in steel and mining. It makes steel for cars, construction, appliances, and packaging, and it also runs iron ore and metallurgical coal mines. Its products start from iron ore and coal, which are turned into steel through manufacturing processes, and the company focuses on safe, sustainable steel while researching energy-efficient steel technologies. It operates in more than 60 countries with extensive distribution networks and a diversified mining portfolio, making it one of the world’s five largest iron ore and coal producers. Compared with competitors, it combines large-scale steel making with active mining, a broad geographic footprint, and a clear emphasis on sustainability, quality, and leadership. Its goal is to provide high-quality steel in a responsible way while growing its mining and steel businesses to serve global markets.
Company Size
10,001+
Company Stage
N/A
Total Funding
$116.7M
Headquarters
Luxembourg, Luxembourg
Founded
2006
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Health & Wellness - as described in postings
Health Insurance
Dental Insurance
Vision Insurance
Employee Assistance Program
Health Savings Account/Flexible Spending Account
Flexible Spending Account
Life Insurance
Short-Term Disability
Long-Term Disability
AD&D insurance
401k with an employer match of 6%
Paid Vacation
Paid Holidays
Bereavement Leave
Parental Leave
Hybrid Work Options
Flexible Work Hours
401(k) Retirement Plan
Company Equity
Stock Options
Tuition Reimbursement
Professional Development Budget
Relocation Package
Wellness Program
Mental Health Support
Gym Membership
Phone/Internet Stipend
Home Office Stipend
Conference Attendance Budget
Training Programs
Tuition Reimbursement
Professional Certification Support
BOSTON--(BUSINESS WIRE)--Boston Metal, a company developing technology to fully decarbonize steel production, today announced the $120 million first close of Series C fundraising led by multinational steel company, ArcelorMittal S.A. (NYSE: MT). Microsoft's Climate Innovation Fund and SiteGround Capital also joined as new investors in this round, alongside current investors.ArcelorMittal’s lead investment was made through its XCarb® Innovation Fund. Commenting, Aditya Mittal, CEO, ArcelorMittal, said, “In Boston Metal, we are investing in a team that has made impressive progress over a relatively short period of time, developing a technology that has exciting potential to revolutionize steelmaking. In our extensive discussions with them, we have been impressed by the passion and vision they have to contribute to the decarbonization of steelmaking. They are an exciting and welcome addition to the XCarb® Innovation Fund’s portfolio.”Boston Metal’s patented Molten Oxide Electrolysis (MOE) process is being commercialized to produce both green steel and high-value metals, such as tin and niobium
McCormick is also an investor in ArcelorMittal, a multinational steel company that competes with the Pittsburgh-based U.S. Steel — via a revocable trust, a type of trust that can be amended during life and that is often used to manage assets and avoid probate at death.
ArcelorMittal will spend approximately $680mn to buy the 80pc stake from Austria-based Voestalpine, with the value of the facility listed at $1bn, Voestalpine said.