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ArcelorMittal - MT STOCK NEWS

Welcome to our dedicated news page for ArcelorMittal (Ticker: MT), a resource for investors and traders seeking the latest updates and insights on ArcelorMittal.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect ArcelorMittal's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of ArcelorMittal's position in the market.

Rhea-AI Summary
ArcelorMittal releases its annual report for 2023, available on the Luxembourg Stock Exchange website. The report offers insights into the company's financial performance and strategic direction.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.36%
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none
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Rhea-AI Summary
ArcelorMittal files Annual Report 2023 on Form 20-F with the SEC. Shareholders can request a free hard copy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.36%
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none
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Rhea-AI Summary
The Italian Government has placed Acciaierie d’Italia SpA (ADI) into extraordinary administration, transferring control from ArcelorMittal to government-appointed commissioners. ArcelorMittal invested over €2 billion in ADI, completing an €800 million environmental program and upgrading equipment with €1.2 billion. Despite efforts to address capital investment discrepancies with Invitalia, discussions were unsuccessful. ADI's financial situation was worsened by delayed support measures, challenges during the Covid and energy crises, and unresolved lease conditions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.94%
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none
Rhea-AI Summary
ArcelorMittal (MT) announced its results for the three-month and twelve-month periods ended December 31, 2023, with a focus on health and safety, financial strength, share repurchases, and growth initiatives. The company experienced a tragic mining accident impacting its 2023 performance. Despite this, it reported a healthy EBITDA, free cash flow, and net income. The company also showcased its commitment to sustainable development, including renewable energy projects and low carbon steel solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.52%
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Rhea-AI Summary
ArcelorMittal announces the publication of its fourth quarter and full year 2023 sell-side analysts’ consensus figures. The consensus includes the effects of the sale of the Company’s Kazakhstan operations to the Qazaqstan Investment Corporation and the impairment of its investment in ADI. The 4Q’23 and FY’23 consensus estimates for EBITDA, net (loss) / income, and (loss) / earnings per share are provided. The company outlines the sell-side analysts who cover ArcelorMittal and whose estimates are included in the 4Q’23 group consensus. The disclaimer for the estimates based on Visible Alpha consensus is also included.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.41%
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Rhea-AI Summary
Vestas and ArcelorMittal have partnered to produce low carbon-emissions steel for wind turbine towers, reducing CO2 emissions by up to 52%. The steel is made from 100% steel scrap melted in an electric arc furnace powered by 100% wind energy, with an EPD certified by an independent party. The first project using this steel will be the Baltic Power offshore wind farm in Poland, which is expected to generate clean electricity for over 1.5 million households.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.88%
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Rhea-AI Summary
ArcelorMittal (MT): Engages dss+ for Comprehensive Safety Audit
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.07%
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News
Rhea-AI Summary
ArcelorMittal (MT) announces the availability of notifications of share transactions by Designated Persons on the Luxembourg Stock Exchange's electronic database and the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.27%
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none
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Rhea-AI Summary
ArcelorMittal (MT) announces share transactions by Designated Persons in compliance with Market Abuse Regulations
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.91%
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News
Rhea-AI Summary
ArcelorMittal (MT) announces a notification of share transaction by a Designated Person as per Market Abuse Regulations. The notification is available in the Luxembourg Stock Exchange's electronic database and ArcelorMittal's website under Investors > Share Transactions by Management.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.91%
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ArcelorMittal

NYSE:MT

MT Rankings

MT Stock Data

22.30B
478.49M
4.57%
0.74%
Iron and Steel Mills and Ferroalloy Manufacturing
Manufacturing
Link
Luxembourg
24 26 Boulevard Davranches

About MT

ArcelorMittal S.A. is a Luxembourgian multinational steel manufacturing corporation headquartered in Luxembourg City. It was formed in 2006 from the takeover and merger of Arcelor by Indian-owned Mittal Steel.