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 has released the second quarter 2021 EBITDA consensus estimates, indicating a projected EBITDA of $4,668 million based on the aggregated forecasts of approximately 15-20 analysts. This data is compiled by Vuma Financial Services, an independent firm that tracks estimates from sell-side analysts. It’s important to note that ArcelorMittal did not influence these estimates and holds no responsibility for their accuracy. The consensus provides insights from various brokers including Barclays and Goldman Sachs among others.
ArcelorMittal has announced plans for its Sestao plant in Spain to become the world’s first full-scale zero carbon-emissions steel plant by 2025. This initiative includes a €1 billion investment for a green hydrogen direct reduced iron (DRI) plant in Gijón and a new hybrid electric arc furnace (EAF). The Sestao facility aims to produce 1.6 million tonnes of zero carbon-emissions steel by using recycled scrap and renewable electricity, while introducing emerging technologies to minimize fossil fuel reliance.
ArcelorMittal has signed a €1 billion memorandum of understanding with the Spanish Government to fund decarbonisation technologies at its Gijón plant. This initiative aims to reduce CO2 emissions by 4.8 million tonnes, or about 50%, over five years. The project includes a 2.3 million-tonne green hydrogen DRI unit and a 1.1 million-tonne hybrid EAF, expected to be operational by 2025. This will make ArcelorMittal's Sestao plant the first full-scale zero carbon-emissions steel plant globally. The plan's success depends on affordable hydrogen and government support.
ArcelorMittal has successfully completed its third share buyback program, as announced on July 7, 2021. The program, initiated on June 18, 2021, involved the repurchase of 24,458,524 shares at a total cost of approximately €630.36 million (or US$750 million), with an average price per share of €25.77. This strategic move aims to enhance shareholder value and reflects the company's confidence in its financial position. For more details, visit the company's website.
ArcelorMittal announced a share transaction in compliance with EU Market Abuse Regulations on July 7, 2021. This transaction is associated with the company's share buyback program initiated on June 18, 2021. A significant shareholder has agreed to sell shares to maintain their voting rights at 36.34%. Details of the transaction and buyback program can be accessed on the Luxembourg Stock Exchange's database and ArcelorMittal's website under the Investors section.
ArcelorMittal announces a share transaction notification for a Designated Person, available on the Luxembourg Stock Exchange and its website. This transaction relates to the share buyback program initiated on 18 June 2021. A significant shareholder has entered into a share repurchase agreement to maintain their voting rights in ArcelorMittal’s share capital at 36.34%. Additional details regarding the buyback program can also be found on the company's investor page.
ArcelorMittal has announced a notification of a share transaction by a Designated Person, available on the Luxembourg Stock Exchange's electronic database. This transaction relates to ArcelorMittal's share buyback program detailed on June 18, 2021. A significant shareholder has entered into a repurchase agreement, ensuring their voting rights remain at 36.34%. More information about the program can be found on ArcelorMittal's website under the Investors section.
ArcelorMittal has released its 2020 report on Payments to Governments regarding its mining sector. This report details the financial contributions made to governments and complies with Luxembourg law. In 2020, ArcelorMittal generated revenues of $53.3 billion and produced 71.5 million metric tonnes of crude steel. The company aims to innovate in steel production, emphasizing sustainability and efficiency. The full report can be accessed through the company's website.
On June 29, 2021, ArcelorMittal announced a share transaction by a Designated Person under Market Abuse Regulations. This transaction is linked to the company's share buyback program initiated on June 18, 2021. The Significant Shareholder entered into a share repurchase agreement to retain a voting rights level of 36.34% in ArcelorMittal's share capital. Further details on the buyback program are accessible on the company’s website and the Luxembourg Stock Exchange’s database.
ArcelorMittal has announced a major restructuring of its operational segments, moving management of its captive mining operations into its steel segments. This change is part of its strategy to streamline operations and optimize business functions. The Mining segment will now focus solely on seaborne-oriented operations, renaming itself to Seaborne Iron Ore. Historical financial data will be recast to reflect this update. In 2020, ArcelorMittal reported revenues of $53.3 billion and produced 71.5 million metric tonnes of crude steel.
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