ArcelorMittal reports news on its integrated steel and mining operations, including quarterly results, steel shipments, iron ore production, working capital, debt and capital allocation. Company updates also cover regional steel-market conditions, operating capacity, electric-arc furnace investments, and product demand from automotive, engineering, construction, machinery and packaging customers.
Recurring corporate news includes Annual General Meeting and Extraordinary General Meeting materials, dividend actions, share buybacks and share cancellations, director elections, statutory financial statements, Form 20-F annual reporting, sustainability reporting, safety transformation, decarbonisation initiatives, analyst-consensus publications and designated-person share-transaction notifications under EU market abuse rules.
On 25 September 2026, ArcelorMittal (MT) said it cannot safely and sustainably restart operations at its Kryvyi Rih subsidiary after missile strikes.
Four strikes over five weeks killed five people and injured 17 employees, one of whom remains in critical condition. The latest strike occurred on 21 September. Production facilities sustained extensive damage. ArcelorMittal has provided more than US$700 million to support continuity of operations at the subsidiary.
The company expects a non-cash impairment charge of approximately US$1 billion, principally for property, plant and equipment at Kryvyi Rih. It is discussing the plant’s future with the Government of Ukraine and intends to preserve its infrastructure so restarting production remains an option when peace returns.
ArcelorMittal (MT) reports that its Ukrainian steel plant, ArcelorMittal Kryvyi Rih, suffered another ballistic missile strike on 14 September 2026, which killed two contractors and injured two employees.
The attack targeted the area of ironmaking complex #1. Specialist teams are assessing damage and the scope of repair work, and the company states it is too early to estimate how long repairs will take. This is the second missile strike on the site in five weeks, following a mid‑August incident that also claimed two lives.
Primary steel production at Kryvyi Rih is currently halted, with other facilities either idled or operating at minimum levels while repairs proceed. The company plans to provide further operational updates once damage assessments are complete.
ArcelorMittal (MT) reported that its Ukraine operation, ArcelorMittal Kryvih Rih, suffered a missile strike over the weekend, injuring 13 employees and contractors and causing two fatalities, one employee and one contractor staff member. The company said all those injured are receiving medical care in city facilities.
At the time of the attack, the plant was operational. The strike damaged main production facilities of the energy and blast furnace units, leading to a partial halt of production processes. Specialists are currently assessing the extent of the damage and the options and timing for restoring operations. ArcelorMittal noted it will provide further updates in due course and highlighted that it generated $61.4 billion of revenue in 2025 with significant global steel and mining operations.
ArcelorMittal (MT) has released a special 20th anniversary edition of its Steel Talks podcast featuring Executive Chairman Lakshmi Mittal, Chief Executive Officer Aditya Mittal and journalist Tim Bouquet. The episode revisits the 2006 merger of Arcelor and Mittal Steel, Lakshmi Mittal’s earlier expansion through acquisitions, and how the company has navigated crises, technological change and global growth.
The discussion covers ArcelorMittal’s development in North America and India, its focus on research and advanced steels, and future themes such as AI, digitalisation, decarbonisation, domestic supply chains and steel’s role in the energy transition. According to ArcelorMittal, in 2025 it generated revenues of $61.4 billion and produced 55.6 million metric tonnes of crude steel.
ArcelorMittal (MT) has expanded its collaboration with Microsoft, designating Microsoft Azure as its primary cloud platform to support a "Cloud First, Data Centric" strategy. Azure will underpin modernization of core IT systems, consolidation of data into a single trusted foundation, and deployment of advanced analytics and AI at scale across global operations.
ArcelorMittal plans to integrate Microsoft Fabric, Purview and Foundry alongside other Azure services to accelerate AI-powered innovation, enhance cyber security, reliability and resilience, and improve operational efficiency while reducing reliance on legacy IT. According to ArcelorMittal, this will embed data and AI into its IT operating model and support long-term digital transformation and competitiveness in the global steel industry. In 2025, the company reported revenues of $61.4 billion.
ArcelorMittal (MT) announced on 31 July 2026 that it has published its half-year report for the six-month period ended 30 June 2026. The report is available on the company’s corporate website under ‘Reports and Policies > Financial and Regulatory Reports’, on the Luxembourg Stock Exchange’s electronic database, and has been filed on Form 6-K with the U.S. SEC.
ArcelorMittal highlights its global steel and mining presence in 60 countries, primary steelmaking operations in 14 countries, and 2025 revenues of $61.4 billion, along with production of 55.6 million metric tonnes of crude steel and 48.8 million tonnes of iron ore.
ArcelorMittal (MT) reported 2Q 2026 sales of $16.8 billion, up 8.4% QoQ, with EBITDA of $2.1 billion and EBITDA per tonne of $155, reflecting structurally higher margins. Net income was $683 million (EPS $0.90), compared with $575 million in 1Q 2026 and $1.8 billion in 2Q 2025.
For 1H 2026, sales rose 4.9% YoY to $32.2 billion and EBITDA increased 8.8% to $3.7 billion, though net income declined to $1.3 billion mainly due to higher FX losses and net interest. Net debt increased to $9.5 billion from $7.9 billion at year‑end 2025, while liquidity stood at $10.4 billion. The company generated $0.5 billion of underlying free cash flow in 1H 2026 after $0.8 billion of strategic growth capex, but reported free cash outflow of $1.5 billion including working capital. ArcelorMittal returned $0.7 billion to shareholders in 1H 2026 and expects 2026 returns to exceed its policy minimum, supported by an unchanged 2026 capex plan of $4.5–$5.0 billion and a project pipeline expected to add about $1.8 billion of incremental EBITDA from 2026.
ArcelorMittal (MT) has published sell-side analyst consensus figures for its second quarter 2026 results, based on estimates aggregated by independent provider Visible Alpha as of 23 July 2026. The consensus reflects contributions from 13 brokers covering ArcelorMittal.
For 2Q’26, analysts’ consensus estimates are EBITDA of $2,037 million, net income of $802 million, and earnings per share of $1.06. According to ArcelorMittal, these figures are third‑party forecasts compiled without the company’s input or verification, and should be viewed as external expectations subject to risks and uncertainties.
ArcelorMittal (NYSE:MT) announced that Geert Van Poelvoorde will retire as CEO of ArcelorMittal Europe and Group Management Committee member at the end of July 2026. He will become Chairman of the Board of ArcelorMittal Europe Steel, maintaining an active role in the European business.
Van Poelvoorde’s 37‑year career includes multiple CEO roles and leadership at Eurofer. According to ArcelorMittal, he helped advance safety, digitalisation and lower‑carbon steelmaking, including dynamic pricing and green steel certificates, and will continue representing the company at Eurofer.
ArcelorMittal (NYSE:MT) has completed the first tranche of its 2025–2030 share buyback and started a second tranche. The first tranche repurchased 10 million shares at an average price of €49.32, now held in treasury and to be cancelled. A new tranche for up to 10 million shares begins immediately, in line with the policy to return at least 50% of post-dividend annual free cash flow, subject to shareholder authorization and market conditions. Shares bought back are intended to reduce share capital and meet employee share programme obligations.