ArcelorMittal (XMAD:MTS) Reserves - Proven (K) : 0.00 (As of . 20)

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What is ArcelorMittal Reserves - Proven (K)?

Proven reserves refer to the quantity of natural resources that a company reasonably expects to extract from a given formation.

The historical rank and industry rank for ArcelorMittal's Reserves - Proven (K) or its related term are showing as below:

XMAD:MTS's Reserves - Proven (K) is not ranked ^*
in the Steel industry.
Industry Median:
* Ranked among companies with meaningful Reserves - Proven (K) only.

ArcelorMittal Reserves - Proven (K) Historical Data

The historical data trend for ArcelorMittal's Reserves - Proven (K) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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ArcelorMittal Reserves - Proven (K) Chart

ArcelorMittal (XMAD:MTS) Reserves - Proven (K) Explanation

Reserves - Proven (K), aka proved reserves, refer to the quantity of natural resources that a company reasonably expects to extract from a given formation. Proven reserves are established using geological and engineering data gathered through seismic testing and exploratory drilling.

Proven reserves take into account the current technology being used for extraction, regional regulations and market conditions as part of the estimation process. For this reason, proven reserves can seemingly take unexpected leaps and drops.

ArcelorMittal Reserves - Proven (K) Related Terms

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ArcelorMittal (XMAD:MTS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » ArcelorMittal SA (XMAD:MTS) » Definitions » Reserves - Proven (K)

Comparable Companies

Traded in Other Exchanges

AMSYF:USA MT:USA MT:Netherlands MT:Mexico MTa:UK 0RP9:UK ARRD:Germany ARMT34:Brazil MT:Austria

Address

24-26, Boulevard d’Avranches, Luxembourg, LUX, L-1160

Website

http://www.arcelormittal.com

ArcelorMittal SA is involved in the steel industry. The company's operating segments include NAFTA; Brazil; Europe; ACIS; Mining and others. It generates maximum revenue from the Europe segment. Europe segment produces hot-rolled coil, cold-rolled coil, coated products, tinplate, plate, and slab. These products are sold primarily to customers in the automotive, general, and packaging sectors as well as also produce long products consisting of sections, wire rods, rebar, billets, blooms and wire drawing, and tubular products. Geographically, it derives a majority of its revenue from Brazil.

ArcelorMittal (XMAD:MTS) Headlines

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