30 April 2024, 18:15 CET The Annual General Meeting (‘General Meeting') of shareholders of ArcelorMittal held today in Luxembourg approved all resolutions by a strong majority. 78.47% of the voting rights were represented at the General Meeting. The results of the votes will be posted shortly on www.arcelormittal.com under ‘Investors – Equity investors – Shareholders events – AGM – Annual General Meeting of shareholders, 30 April 2024' where the full documentation regarding the General Meeting is available. ...

Wall Street analysts expect ArcelorMittal (MT) to post quarterly earnings of $0.93 per share in its upcoming report, which indicates a year-over-year decline of 26.8%. Revenues are expected to be $15.4 billion, down 16.7% from the year-ago quarter.The consensus EPS estimate for the quarter has been revised 12.4% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Ahead of a company's e ...

23 April 2024, 15:00 CET Today, ArcelorMittal (‘the company') published its 2023 Integrated Annual Review (‘IAR'), which can be accessed here annualreview2023.arcelormittal.com. The 2023 IAR, ‘Preparing for the future', is structured in nine main chapters: Our business and material issues Driving change in our safety performanceResponsible energy use and lower-carbon futuresAir, water, land, biodiversity and ecosystemsDelivering a circular economy through innovationValue chains our stakeholders trustAttrac ...

10 April 2024, 16:45 CET ArcelorMittal (‘the Company') announced in December 2023 that it had engaged dss+, a leading provider of sustainable operations management consulting services, to conduct a company-wide audit of its safety practices. Today, it shares a first interim update about what has been achieved in the first three months of the audit, and the scale and scope of the work underway. The complete audit is expected to take nine months to complete with the key recommendations due to be published in ...

19 March 2024, 10:00 CET ArcelorMittal, the world's leading steel and mining company, today announces that Kleber Silva is nominated Executive Vice President of ArcelorMittal and appointed as Chief Executive Officer of ArcelorMittal Mining, effective 08 April 2024. Kleber will report to Aditya Mittal, Chief Executive Officer of ArcelorMittal and he will be a member of the Group Management Committee. Stefan Buys, who has been the chief executive since October 2021, is leaving the company on 30 March 2024 to ...

12 March 2024, 22:00 CET ArcelorMittal (the ‘Company') today announces that it has signed a Share Purchase Agreement to acquire 65,243,206 shares, representing c.28.4% equity interest in Vallourec, for €14.64 per share from Funds managed by Apollo Global Management, Inc., for a total consideration of approximately €955 million. Transaction closing is subject to regulatory approvals and is expected to close in the second half of the year. Having carried out a successful restructuring in recent years, Vallou ...

HJBC Dear readers/followers, Of course, I wish I could say that ArcelorMittal (NYSE:MT) had moved in the way that I tried to predict in my last article, which was now almost a full year ago. I've owned a small stake in this company for several years, and I bought more to this stake at the last time of publishing. Since that particular time, the company has not exactly performed as expected, with an 11% negative RoR. In this article, and you can find my previous coverage here, I will provide you an updat ...

ArcelorMittal (MT) Brasil and Petrobras entered into a Memorandum of Understanding (MoU) to explore potential collaborations in the realm of the low-carbon economy. The aim is to investigate various business models in Brazil that can be mutually beneficial while aligning with their diversification and decarbonization strategies.The collaboration extends from a joint study aimed at establishing a Carbon Capture and Storage (CCS) hub in Espírito Santo state. CCS involves capturing CO2 and securely storing it ...

28 February 2024, 21:40 CET   ArcelorMittal has published its annual report for the year ended 31 December 2023. The report has been filed with the electronic database of the Luxembourg Stock Exchange (www.bourse.lu) and is available at http://corporate.arcelormittal.com > Financial reports ENDS About ArcelorMittal ArcelorMittal is the world's leading steel company, with a presence in 60 countries and primary steelmaking facilities in 16 countries. In 2022, ArcelorMittal had revenues of $79.8 billion and cr ...

28 February 2024, 20:55 CET ArcelorMittal has filed its Annual Report 2023 on Form 20-F with the U.S. Securities and Exchange Commission (SEC). The report is now available at http://corporate.arcelormittal.com > Financial reports. ArcelorMittal will send a hard copy of the Form 20-F Annual Report for 2023, which includes the audited financial statements, to shareholders free of charge upon request. ENDS About ArcelorMittal ArcelorMittal is the world's leading steel company, with a presence in 60 countries a ...