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ArcelorMittal - Growing AM3S - Investor Presentation, Sept 2007
This document discusses the growth opportunity for AM3S, ArcelorMittal's steel distribution and processing business. AM3S is the world's largest steel distributor and processor in a fragmented industry. However, it currently only distributes and processes 38% of ArcelorMittal's steel shipments, representing an opportunity for growth. Downstream integration provides benefits like optimizing supply chain management and working capital. Expanding AM3S could also help optimize mill utilization and provide valuable market intelligence to ArcelorMittal's steel mills.
