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) news covers a broad range of topics reflecting its role as a global integrated steel and mining company. With a presence in 60 countries and primary steelmaking operations in more than a dozen countries, the company regularly publishes updates on its operating performance, regional segments, capital structure and strategic projects. As the largest steel producer in Europe and among the largest in the Americas, ArcelorMittal’s announcements are closely followed by investors and industry participants.
On this page, readers can find earnings and results releases, including quarterly and half-year reports that detail sales, EBITDA, crude steel production, steel shipments and iron ore production across segments such as North America, Brazil, Europe, Sustainable Solutions and Mining. The company also releases information on its financial calendar, outlining planned dates for future earnings announcements and its Annual General Meeting of shareholders.
ArcelorMittal news also includes strategic and sustainability-related updates. Recent press releases describe the expansion of its renewable energy portfolio, with new solar and wind projects in India designed to supply clean electricity to AMNS India and deliver CO2 savings, as well as renewable projects in Brazil and Argentina. Other items cover corporate transactions, such as the completion of the sale of its Bosnia steel and mining operations, and capital markets activity like the issuance of euro-denominated notes under its Euro Medium Term Notes programme.
Governance and regulatory communications form another important category, including notifications of share transactions by designated persons and information on share buyback and treasury share cancellation. By following ArcelorMittal news, users can track developments in its steel and mining operations, energy transition initiatives, regional strategies and capital markets actions over time.
ArcelorMittal announces a share transaction notification in compliance with the Market Abuse Regulations. This transaction, linked to the company's ongoing share buyback program initiated on 29 July 2021, is aimed at maintaining significant shareholder voting rights at 36.34%. Details on the transaction are accessible on the Luxembourg Stock Exchange and the company’s website under the designated sections for investors. This move emphasizes ArcelorMittal's commitment to managing its equity effectively while keeping shareholder interests aligned.
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.