STOCK TITAN

ArcelorMittal - MT STOCK NEWS

Welcome to our dedicated news page for ArcelorMittal (Ticker: MT), a resource for investors and traders seeking the latest updates and insights on ArcelorMittal.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect ArcelorMittal's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of ArcelorMittal's position in the market.

Rhea-AI Summary
ArcelorMittal received a shareholding notification from BlackRock, Inc. indicating a 5.68% voting rights threshold reached on 23 August 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.12%
Tags
none
-
Rhea-AI Summary
ArcelorMittal has published its half-year report for the period ending June 30, 2023. The report is available on the company's website, the Luxembourg Stock Exchange database, and the SEC's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.48%
Tags
none
-
Rhea-AI Summary
ArcelorMittal announces positive financial results for Q2 2023, with improved operating income and robust profitability. Net income and EPS also increased. The company has a strong financial position with lower net debt and continued free cash flow generation. Strategic projects and acquisitions are performing well, and progress is being made in decarbonization efforts. The CEO expresses confidence in the company's future.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.67%
Tags
Rhea-AI Summary
ArcelorMittal (NYSE: MT) announces the publication of its second quarter 2023 sell-side analysts’ consensus figures, revealing EBITDA of $2,493m, net income of $1,449m, and earnings per share of $1.69. The consensus is based on estimates from 10 brokers, including Bank of America, CITI, Deutsche Bank, and others, aggregated by Visible Alpha. The company emphasizes that these figures are not prepared based on information provided or checked by ArcelorMittal and can only be seen as a consensus view from an outside perspective.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.71%
Tags
-
Rhea-AI Summary
ArcelorMittal and IIT Madras launch accelerator program for decarbonization start-ups in India. The XCarb™ India Accelerator Programme aims to support and mentor technology start-ups focused on industrial decarbonization in the steel industry. Successful participants will receive access to expertise and resources from ArcelorMittal and AM/NS India. Applications are open until July 31, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.13%
Tags
none
-
Rhea-AI Summary
ArcelorMittal announces CHAR Technologies as the winner of its XCarb™ Accelerator Programme, securing a $5 million investment. CHAR Technologies is developing a high temperature pyrolysis technology that transforms organic waste into valuable energy outputs and biocarbon. ArcelorMittal Dofasco has signed an agreement to purchase biocarbon from CHAR for larger scale trials. Strategic partnerships have also been established with Carbon Upcycling and D-CRBN.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.12%
Tags
none
Rhea-AI Summary
ArcelorMittal files 2022 Payments to Governments report for mining operations
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.27%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.39%
Tags
none
-
Rhea-AI Summary
ArcelorMittal North America will supply General Motors with XCarb™ recycled and renewably produced steel, offering significantly reduced CO2 emissions compared to other carbon steel. Shipments expected to begin in 2Q 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.78%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.04%
Tags
none
ArcelorMittal

NYSE:MT

MT Rankings

MT Stock Data

22.30B
478.49M
4.57%
0.74%
Iron and Steel Mills and Ferroalloy Manufacturing
Manufacturing
Link
Luxembourg
24 26 Boulevard Davranches

About MT

ArcelorMittal S.A. is a Luxembourgian multinational steel manufacturing corporation headquartered in Luxembourg City. It was formed in 2006 from the takeover and merger of Arcelor by Indian-owned Mittal Steel.