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ArcelorMittal (MT) Stock News, Mar-Apr 2024

MT NYSE

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.

Rhea-AI Summary

ArcelorMittal held its General Meeting where 78.47% of voting rights were represented, approving all resolutions by a strong majority. The meeting re-elected directors, approved a dividend of US$0.50 per share, and full documentation will be available on their website.

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FAQ

What is the current stock price of ArcelorMittal (MT)?

ArcelorMittal (MT) last closed at $64.22.

What is the market cap of ArcelorMittal (MT)?

The market cap of ArcelorMittal (MT) is approximately $48.3B.