In 2023, ArcelorMittal produced a total of 58.1 million tons of steel.

Global steel producer ArcelorMittal decreased their output of steel to 58.1 million tons in 2023, a 1.5% decrease from 2022. To 13.7 million tons, the number fell by 9.9% q/q in the fourth quarter and climbed by 3.8% when compared to the same period in 2022. The quarterly report that is posted on the business website states this.

The production of iron ore dropped to 42 million tons in year, a 7.3% fall from 2022. Production of iron ore fell 6.5% both year over year and quarter to 10 million tons in the fourth quarter.
Iron ore shipments (to Liberia and AMCC exclusively) dropped by 5.7% y/y to 26.4 million tons, while steel shipments fell by 0.5% y/y to 55.6 million tons for the year. 13.3 million tons of steel (+5.6% y/y, -2.9% q/q) and 6.1 million tons of iron ore (-11.6% y/y, -3.2% q/q) were shipped by the Group to clients during the fourth quarter.
According to GMK Center, ArcelorMittal decreased its production of steel to 59 million tons in 2022, a 14.6% decrease from 2021. The year's total steel shipments were 55.9 million tons, down 11.1% year over year. The production of iron ore reached 28 million tons, a 9.2% increase over 2021. Iron ore sales totaled 28 million tons, an increase of 7.7% year over year.

ArcelorMittal's net profit for the year was $9.302 billion, a 37.8% decline from 2021. The company's EBITDA for the previous year was $14.16 billion, a 27% decrease from 2021.
With activities in 60 countries and production assets spread across 18 nations, ArcelorMittal is a preeminent worldwide mining and steel enterprise.