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ArcelorMittal Annual Report 2008

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Mergers and acquisitions have<br />

historically been a key pillar<br />

of <strong>ArcelorMittal</strong>’s strategy to which<br />

it brings unique experience,<br />

particularly in terms of integration.<br />

Instead of creating new capacity,<br />

mergers and acquisitions increase<br />

industry consolidation and create<br />

synergies. <strong>ArcelorMittal</strong> has also<br />

placed strong emphasis on growth<br />

in emerging economies through<br />

Greenfield developments.<br />

45<br />

Message Global Presence from the continued President and CEO<br />

<strong>ArcelorMittal</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2008</strong>

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