Overview

2016 was a year of important progress for ArcelorMittal.

Action 2020

Action 2020 is ArcelorMittal's commitment to structurally improving profitability and cash flow generation.

Governance

Good corporate governance is about compliance, continuous stakeholder dialogue and being a good corporate citizen.

Fact book

Details of our steel and mining operations, financials, production facilities and shareholder information.

Coal production and shipment by geography

Coal production by mine

(Millions of metric tonnes) 2012 2013 2014 2015 2016 1Q 16 2Q 16 3Q 16 4Q 16
USA - Midvol/Concept 2.4 2.6 2.0 1.6 1.8 0.4 0.4 0.4 0.5
Russia - Kuzbass 1.2 0.7 0.2 - - -      
Kazakhstan - Karaganda 4.5 4.8 4.8 4.6 4.5 1.0 1.0 1.2 1.2
Own production 8.2 8.1 7.0 6.1 6.3 1.4 1.4 1.6 1.8
South Africa - Tshikondeni2 0.4 0.4 0.3 - - -      
USA - Madison1 0.4 0.4 0.4 0.1 - - - - -
Strategic contracts 0.7 0.8 0.7 0.1 - - - - -
Total 8.9 8.8 7.7 6.3 6.3 1.4 1.4 1.6 1.8

1 Includes strategic agreement – prices on a fixed-price basis.

2 Includes long-term lease – prices on a cost-plus basis.

Coal production by region annually (2012-2016) and quarterly (2016)

(Production million tonnes) 2012 2013 2014 2015 2016 1Q 16 2Q 16 3Q 16 4Q 16
North America 2.4 2.6 2.0 1.6 1.8 0.4 0.4 0.4 0.5
Asia, CIS & Other 5.8 5.4 5.0 4.6 4.5 1.0 1.0 1.2 1.2
Own production 8.2 8.1 7.0 6.1 6.3 1.4 1.4 1.6 1.8
North America 0.4 0.4 0.4 0.1 - - - - -
Africa 0.4 0.4 0.3 - - - - - -
Strategic contracts 0.7 0.8 0.7 0.1 - - - - -
Group 8.9 8.8 7.7 6.3 6.3 1.4 1.4 1.6 1.8

Own coal production by mine (Millions of metric tonnes)

X-axis Value Color code
USA - Midvol/Concept 29% #5C7F92
Kazakhstan - Karaganda 71% #70A489
Total
6.3
(Millions of metric tonnes) 2016 %
USA - Midvol/Concept 1.8 29
Kazakhstan - Karaganda 4.5 71

Coal shipments annually (2012-2016) and quarterly (2016)

(Millions of metric tonnes) 2012 2013 2014 2015 2016 1Q 16 2Q 16 3Q 16 4Q 16
External Sales - Third party 3.3 3.3 1.8 1.5 1.4 0.4 0.3 0.3 0.3
Internal sales - Market Priced 1.8 1.6 2.1 1.3 2.1 0.4 0.4 0.7 0.6
Total market priced shipments 5.1 4.8 3.9 2.8 3.5 0.9 0.7 1.0 0.9
Captive (Cost plus basis) 3.1 2.9 3.3 3.2 3.4 0.8 0.8 0.9 0.9
Total Shipments 8.2 7.7 7.2 6.0 6.9 1.7 1.5 1.8 1.8
Strategic contracts 0.7 0.8 0.7 0.1 -        
Total shipments including strategic contracts 9.0 8.5 7.9 6.2 6.9 1.7 1.5 1.8 1.8

Coal shipments 2016

X-axis Value Color code
Market priced 50% #919597
Captive (Cost plus basis) 50% #77797A
Total
6.9
(Millions of metric tonnes) 2016 %
Market priced 3.5 50
Captive (Cost plus basis) 3.4 50

Coal shipments 2016 (external sales -third party and internal sales at market price)

X-axis Value Color code
External sales - Third party 40% #77797A
Internal sales at market price 60% #858789
Total
3.5
(Millions of metric tonnes) 2016 %
External sales - Third party 1.4 40
Internal sales at market price 2.1 60

There are three categories of sales:

1) “External sales”: mined product sold to third parties at market price;

2) “Market-priced tonnes”: internal sales of mined product to ArcelorMittal facilities and reported at prevailing market prices;

3) “Cost-plus tonnes” - internal sales of mined product to ArcelorMittal facilities on a cost-plus basis. The determinant of whether internal sales are reported at market price or cost-plus is whether the raw material could practically be sold to third parties (i.e. there is a potential market for the product and logistics exist to access that market).