Company: MT
Filing Date: 2025-03-10
Form Type: 20-F
Source: 0001243429-25-000017
Chunk: 379

Company: ArcelorMittal
Filing Date: 2025-03-10
Form: 20-F
Chunk 379
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 profiles and turnkey pre-fabrication solutions to assist building in smarter ways and reduce the carbon footprint of buildings; b) Projects: product range includes plates, pipes & tubes, wire ropes, reinforced steels, providing high-quality & sustainable steel solutions for energy projects and supporting offshore wind, energy transition and onshore construction; c) Industeel: EAF based capacity for high quality steel grades designed to meet demanding customer specifications (e.g. XCarb® for wind turbines) and supplying a wide range of industries (energy, chemicals, mechanical engineering, machinery, infrastructure, defense & security); d) Renewables: investments in renewable energy projects; e) Metallics: investment and development of the Company’s scrap recycling and collection capabilities; f) Distribution & service centers: European services processor including slitting, cut- to-length, multi blanking, and press blanking and operating through an extensive network. • Mining segment comprises the mines owned by ArcelorMittal in Canada and Liberia. It provides the Company's steel operations with high quality and low-cost iron ore reserves and also sells mineral products to third parties.

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| Consolidated financial statements                          |
| (millions of U.S. dollar, except share and per share data) |

The following table summarizes certain financial data for ArcelorMittal’s operations by reportable segments.

| Year ended December 31, 2024                                              | NorthAmerica |     | Brazil |     | Europe |     | India andJVs |     | Sustainablesolutions |     | Mining |     | Others1 |     | Elimination |     |  Total |
|:--------------------------------------------------------------------------|-------------:|:----|-------:|:----|-------:|:----|-------------:|:----|---------------------:|:----|-------:|:----|--------:|:----|------------:|:----|-------:|
| Sales to external customers                                               |       11,793 |     | 10,522 |     | 26,547 |     |            — |     |                9,088 |     |    982 |     |   3,509 |     |           — |     | 62,441 |
| Intersegment sales2                                                       |          103 |     |  1,879 |     |  3,405 |     |            — |     |                1,634 |     |  1,681 |     |     464 |     |      -9,166 |