ArcelorMittal donates 1 million USD for victims of the Haiti earthquake
As in previous similiar situations, ArcelorMittal is ready to help. In a first step the Company announced already two days after this natural disaster to support an emergency intervention from the organisation Médecins sans frontières (MSF) in Port-au-Prince. A donation of 100,000 USD aims to address the needs of the persons affected by the earthquake.
Today the Company increases its aid to a total of 1 million USD. This donation will be given in both cash and kind, offering assistance in new housing projects to rebuild Haiti. ArcelorMittal is also encouraging its employees to support other local initiatives in the country.
Commenting, Mr. Lakshmi Mittal, Chairman & CEO of ArcelorMittal, said: "The painful images and news of the earthquake in Haiti have shocked us all. The scale of the devastation is beyond comprehension. I would like to express my deepest sympathies to all the people affected by this tragedy. I hope with our help, and the help of others, that we will be able to bring support in rebuilding the country and aid those who have suffered."
About ArcelorMittal
ArcelorMittal is the world's leading steel company, with operations in more than 60 countries.
ArcelorMittal is the leader in all major global steel markets, including automotive, construction, household appliances and packaging, with leading R&D and technology, as well as sizeable captive supplies of raw materials and outstanding distribution networks. With an industrial presence in over 20 countries spanning four continents, the Company covers all of the key steel markets, from emerging to mature.
Through its core values of Sustainability, Quality and Leadership, ArcelorMittal commits to operating in a responsible way with respect to the health, safety and wellbeing of its employees, contractors and the communities in which it operates. It is also committed to the sustainable management of the environment and of finite resources. ArcelorMittal recognises that it has a significant responsibility to tackle the global climate change challenge; it takes a leading role in the industry's efforts to develop breakthrough steelmaking technologies and is actively researching and developing steel-based technologies and solutions that contribute to combat climate change.
In 2008, ArcelorMittal had revenues of $124.9 billion and crude steel production of 103.3 million tonnes, representing approximately 10 per cent of world steel output.
ArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MT), Brussels (MT), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS).
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