6-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

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FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934

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Dated May 9, 2014

Commission File Number: 001-35788

ARCELORMITTAL

(Translation of registrant’s name into English)

19 Avenue de la Liberté

L-2930 Luxembourg

Luxembourg

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F ☒ Form 40-F ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): _____

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): _____

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes ☐ No ☒

If “Yes” marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-________

On May 9, 2014, ArcelorMittal issued the press release attached hereto as Exhibit 99.1 hereby incorporated by reference into this report on Form 6-K.

Exhibit List

Exhibit No.	Description
Exhibit 99.1	Press release dated May 9, 2014 reporting ArcelorMittal Europe’s€58 million operating profit for Q1 2014.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: May 9, 2014

By: /s/ Henk Scheffer

Name: Henk Scheffer

Title: Company Secretary

Exhibit Index

Exhibit No.	Description
Exhibit 99.1	Press release dated May 9, 2014 reporting ArcelorMittal Europe’s€58 million operating profit for Q1 2014.

EX-99.1

 

press release

ArcelorMittal Europe reports €58m operating profit for Q1 2014

9 May 2014 – ArcelorMittal Europe today announced results for the first quarter of 2014.

The segment recorded an operating profit of €58 million for the first three months of 2014. This compares with an operating loss of €396 million in Q4 2013. Comparable operating performance for Q4 2013 was impacted by impairment and restructuring charges totalling €302 million. There were no such impairment or restructuring charges this quarter.

Ebitda for the quarter also rose, by 29% to €390 million, compared with €302 million in the fourth quarter of last year. This improvement has been mainly driven by higher shipments and a positive price cost effect.

ArcelorMittal Europe crude steel production increased by 4.3% to 10.9 million tonnes, compared with Q4 2013, following the restart of the blast furnace in Dabrowa Gornicza, Poland, as maintenance work concluded.

Steel shipments in Q1 2014 were 10.0 million tonnes, an increase of 5.6% compared with the previous quarter. Flat product shipment volumes increased by 5.8% and long product shipment volumes increased by 6.0%, both benefitting from seasonality and improved underlying demand.

Sales in the ArcelorMittal Europe segment also increased by 1.6% to €7.5 billion, compared with €7.4 billion in the fourth quarter. This was primarily due to higher steel shipments.

Commenting, Aditya Mittal, CEO ArcelorMittal Europe, said:

“ArcelorMittal Europe’s first quarter results for 2014 show a combination of a gradually improving economy and the results of measures the company has taken to adapt to the new demand environment. As the pace of recovery in the EU has been slightly stronger than expected when we announced our full year results in February, we have upgraded our forecast for European steel demand in 2014 from

around 2%, to 2-3%, and therefore remain cautiously optimistic about the outlook for the rest of the year.”

GDP growth for the Eurozone has been stronger in Q1 than at the end of 2013. European steel demand remains relatively healthy, underpinned by improving macroeconomic indicators in the region.

Manufacturing PMI in Europe has been above 50 for ten months and, together with even higher numbers for the Czech Republic, Poland and the UK, suggests continued European manufacturing growth this year.

In contrast the construction PMI continues to disappoint, dropping to its lowest level in ten months at 46.2 in March. While there are positive signals in Germany, Poland and the UK, investment in new construction projects in other European countries remains constrained in 2014. Nevertheless, positive growth in demand for flat products is expected. Car registrations in the Eurozone are rebounding and are up 8.6% in the first quarter compared with the same period of 2013.