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 reports news on its integrated steel and mining operations, including quarterly results, steel shipments, iron ore production, working capital, debt and capital allocation. Company updates also cover regional steel-market conditions, operating capacity, electric-arc furnace investments, and product demand from automotive, engineering, construction, machinery and packaging customers.
Recurring corporate news includes Annual General Meeting and Extraordinary General Meeting materials, dividend actions, share buybacks and share cancellations, director elections, statutory financial statements, Form 20-F annual reporting, sustainability reporting, safety transformation, decarbonisation initiatives, analyst-consensus publications and designated-person share-transaction notifications under EU market abuse rules.
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.
ArcelorMittal released its annual report for the fiscal year ending December 31, 2020. The report is now available on the electronic database of the Luxembourg Stock Exchange and on their corporate website. Investors can access detailed financial metrics and business performance insights through these resources.
This publication is significant for stakeholders as it reflects the company’s operational and financial status during the previous year, providing vital information for assessing future prospects.
ArcelorMittal has submitted its Annual Report 2020 on Form 20-F to the U.S. SEC, now accessible on their corporate website. The report includes audited financial statements for 2020. Shareholders can request a free hard copy of the report.
ArcelorMittal has announced a notification from Société Générale regarding changes in its shareholding. On March 3, 2021, Société Générale increased its shareholding from 4.79% to 5.01%, and then decreased back to 4.79% on March 4, 2021. These changes do not require adjustments to ArcelorMittal's disclosures, as the company reports only shareholdings over 5%. The notifications are accessible via the Luxembourg Stock Exchange and ArcelorMittal's investor relations website.