Welcome to our dedicated page for Arcelormittal news (Ticker: MT), a resource for investors and traders seeking the latest updates and insights on Arcelormittal stock.
ArcelorMittal (MT), a global leader in integrated steel and mining, provides critical materials for automotive, construction, and packaging industries worldwide. This page aggregates official announcements and verified updates, offering stakeholders a reliable resource for tracking the company’s strategic developments.
Access real-time press releases covering quarterly earnings, sustainability initiatives, and operational expansions. Investors will find detailed reports on production innovations, joint ventures, and market positioning—all essential for informed decision-making in the volatile materials sector.
Our curated news collection includes updates on raw material sourcing, technological advancements in steel manufacturing, and regulatory compliance efforts. Bookmark this page to monitor MT’s progress in reducing carbon emissions and expanding its global mining footprint.
Check back regularly for unbiased coverage of ArcelorMittal’s partnerships, financial disclosures, and industry leadership. This hub simplifies tracking complex market dynamics affecting one of the world’s most influential steel producers.
ArcelorMittal received a shareholding notification from Société Générale SA on 29 October 2021, indicating the latter's entry into various financial instruments. The notification specifies that Société Générale reached a threshold of 5.10% of potential voting rights as of 26 October 2021. This notification complies with the Luxembourg Transparency Law regarding changes in shareholding structures. The details can be accessed through the Luxembourg Stock Exchange's OAM database and ArcelorMittal’s corporate website under the Investors section.
ArcelorMittal has released third-quarter 2021 consensus EBITDA estimates compiled by Vuma Financial Services, based on inputs from 18 sell-side analysts. The consensus EBITDA for the third quarter is estimated at $6,151 million. The estimates are derived from a group of approximately 15-20 brokers who continuously follow the company. ArcelorMittal notes that it is not involved in the collection of these estimates and does not endorse the analysts' views.
ArcelorMittal announced a share transaction involving its Designated Person as per the Market Abuse Regulations. This transaction is linked to the share buyback program initiated on 29 July 2021. The company’s Significant Shareholder will enter into a share repurchase agreement to maintain their voting rights at 36.34% of ArcelorMittal’s share capital. More information regarding the share buyback can be accessed on the Luxembourg Stock Exchange and ArcelorMittal’s corporate website.
ArcelorMittal announces a share transaction involving a Designated Person, aligning with its share buyback program initiated on 29 July 2021. This transaction enables ArcelorMittal’s Significant Shareholder to sell shares while maintaining a voting rights stake of 36.34% in the company's share capital. The relevant details of the transaction can be accessed through the Luxembourg Stock Exchange and ArcelorMittal’s website.
ArcelorMittal has announced a share transaction notification per the Market Abuse Regulations, detailing a share buyback program initiated on 29 July 2021. A significant shareholder will sell shares to maintain their voting rights at 36.34% of the company's share capital, net of treasury shares. The details are accessible via the Luxembourg Stock Exchange's database and ArcelorMittal's official website under Investors > Corporate Governance > Share Transactions by Management. This strategic move underscores ArcelorMittal's commitment to its buyback program.
ArcelorMittal reports a share transaction following its share buyback program launched on 29 July 2021. A Designated Person has confirmed a transaction available on the Luxembourg Stock Exchange and ArcelorMittal’s website. This transaction ensures that a Significant Shareholder maintains a 36.34% voting right in the company’s share capital, net of treasury shares. Details of the buyback program can be found on the investor relations section of the ArcelorMittal website.
ArcelorMittal has announced the appointment of Stefan Buys as Executive Vice President and CEO of ArcelorMittal Mining, effective October 1, 2021, following the retirement of Simon Wandke. Buys brings extensive experience from his previous role as managing director of Pilbara Mining at Rio Tinto and has held key positions at BHP and Xstrata. CEO Aditya Mittal expressed confidence in Buys' capability to lead the global mining sector, focusing on digital transformation and decarbonization.
In 2020, ArcelorMittal generated revenues of $53.3 billion.
On September 28, 2021, ArcelorMittal announced a notification regarding a share transaction by a Designated Person, as per the Market Abuse Regulations. This transaction links to the company's share buyback program initiated on July 29, 2021. A Significant Shareholder has engaged in a share repurchase agreement to sell shares, ensuring their voting rights in ArcelorMittal remain at 36.34%. Details about the buyback program are available on ArcelorMittal's investor relations website.
ArcelorMittal Belgium has committed to reducing CO2 emissions by 3.9 million tonnes annually by 2030 through a €1.1 billion investment in a 2.5 million-tonne direct reduced iron (DRI) plant and two electric furnaces at its Gent site. The DRI plant will utilize natural gas and hydrogen, drastically cutting emissions compared to traditional methods. This initiative aligns with ArcelorMittal's goals of achieving carbon neutrality by 2050, contributing significantly to a 35% reduction in emissions intensity in Europe by 2030.
On September 22, 2021, ArcelorMittal announced the cancellation of 50 million treasury shares, following approval from its Extraordinary General Meeting on June 8, 2021. This action is aimed at maintaining appropriate levels of treasury shares and follows a previously announced US$2.2 billion share buyback initiated on July 29, 2021. Post-cancellation, the total number of shares in circulation will be 982,809,772, down from 1,032,809,772. Additional details about the share buyback can be found on ArcelorMittal's corporate website.
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