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 released its first quarter 2021 EBITDA consensus estimates, compiled from around 20 sell-side analysts via Vuma Financial Services. For Q1 2021, 17 analysts participated, projecting an average EBITDA of $2,965 million. The firm emphasizes that it does not influence these estimates and is not responsible for the analysts' opinions.
ArcelorMittal has announced a share transaction notification required under the EU Market Abuse Regulations. This transaction is linked to the company's ongoing share buyback program initiated on 4 March 2021. A significant shareholder has entered into a share repurchase agreement, ensuring their voting rights in ArcelorMittal's share capital remain at 36.34%. Further details can be accessed on the company's website.
On April 15, 2021, ArcelorMittal published its statutory financial statements for the parent company, covering the fiscal year ended December 31, 2020. The financial statements are accessible through the Luxembourg Stock Exchange electronic database and ArcelorMittal's Corporate Library online. This disclosure is vital for investors and stakeholders, providing insight into the company's financial performance during a challenging economic environment.
ArcelorMittal announces the renaming of its Italian operations to Acciaierie d’Italia following an investment agreement with Invitalia, an Italian state-owned company.
Invitalia has made a €400 million equity investment, acquiring a 38% stake in AM InvestCo Italy, which will also be rebranded. A potential second investment of up to €680 million is planned to complete the purchase of Ilva's business, potentially raising Invitalia's stake to 60%. This strategic move positions Acciaierie d’Italia Holding for independent operations, with ArcelorMittal retaining a 40% stake.
On 31 March 2021, Société Générale SA notified ArcelorMittal of an increase in its shareholding from 4.97% to 5.23%, effective 26 March 2021. This change reflects actual and potential voting rights, as required by the Transparency Law in Luxembourg. The details are available on the Luxembourg Stock Exchange’s OAM electronic database and ArcelorMittal's corporate website under ‘Investors - Corporate Governance - Shareholding structure’.
ArcelorMittal announced a share transaction notification by a Designated Person, in accordance with Article 19(3) of the European Market Abuse Regulations. This notification is accessible on the Luxembourg Stock Exchange’s electronic database OAM and also on ArcelorMittal’s website under the Investors section. These transactions are essential for maintaining transparency and compliance within the company's governance structure.
ArcelorMittal has reported a decrease in shareholding by Société Générale from 5.09% to 4.97% as of 22 March 2021. This notification, submitted on 25 March 2021, is in compliance with Luxembourg's transparency regulations concerning significant voting rights thresholds. The relevant information is available on the Luxembourg Stock Exchange and ArcelorMittal’s corporate website. The company remains a leader in the steel and mining sector.
ArcelorMittal has launched three initiatives under its XCarb™ brand aimed at achieving net zero carbon emissions by 2050. The initiatives include: XCarb™ green steel certificates for customers to reduce Scope 3 emissions, XCarb™ recycled and renewably produced steel with CO2 emissions as low as 300kg/tonne, and the XCarb™ innovation fund with an annual investment of up to $100 million for companies developing low-carbon technologies. By the end of 2022, the company expects to provide 600,000 tonnes of green steel certificates.
ArcelorMittal has announced the launch of the XCarb™ innovation fund, earmarking up to $100 million annually for investment in companies developing technologies aimed at achieving net zero carbon steelmaking. This initiative is part of ArcelorMittal's broader XCarb™ sustainability strategy, which targets substantial reductions in carbon emissions. Companies are required to present technologies that are commercially scalable and applicable to steelmaking. The fund will be overseen by an investment committee led by the CEO, focusing on transformative technologies.
ArcelorMittal announced a notification from Société Générale SA regarding an increase in shareholding from 4.79% to 5.09% as of March 9, 2021. This change reflects actual and potential voting rights. The notification complies with the Luxembourg Transparency Law due to the shareholding surpassing the 5% threshold. Investors can access this notification on the Luxembourg Stock Exchange’s OAM electronic database and the company's investor relations website.
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