CHICAGO, Nov. 08, 2024 (GLOBE NEWSWIRE) -- LanzaTech Global, Inc. (NASDAQ: LNZA) (“LanzaTech” or the “Company”), the carbon recycling company transforming waste carbon into sustainable fuels, chemicals, materials, and protein, today reported its financial and operating results for third-quarter 2024, updated its outlook for 2024, and discussed the expansion of its business model beyond licensing its biorefining technology to include more ethanol product sales and increased involvement in the ownership of th ...

ARCELORMITTAL 6-K Exhibit 99.1 ArcelorMittal reports third quarter 2024 results Luxembourg, November 7, 2024 - ArcelorMittal (referred to as "ArcelorMittal" or the "Company" or the "Group") (MT (New York, Amsterdam, Paris, Luxembourg), MTS (Madrid)), the world's leading integrated steel and mining company, today announced results for the three-month and nine-month periods ended September 30, 2024. 3Q 2024 key highlights: Safety focus: The Company-wide audit of safety by dss+ is now complete. It has provided ...

| --- | --- | |------------------------------------------------------------------------------------------|-------| | | | | Q2 and 1H 2023 financial results Leadership presentation 3Q 2024 Financial Results | | | 27th July 2023 November 7, 2024 | | | Genuino Christino, Chief Financial Officer Daniel Fairclough, Head of Investor Relations | | | | | | | | Disclaimer Forward-Looking Statements This document may contain forward-looking information and statements about ArcelorMittal and its subsidiaries. These st ...

ArcelorMittal S.A. (NYSE:MT) Q3 2024 Earnings Conference Call November 7, 2024 9:30 AM ET Company Participants Daniel Fairclough – Investor Relations Genuino Christino – Group Chief Financial Officer Conference Call Participants Ephrem Ravi – Citi Alain Gabriel – Morgan Stanley Tom Zhang – Barclays Patrick Mann – Bank of America Andrew Jones – UBS Dominic O’Kane – JPMorgan Boris Bourdet – Boris Bourdet Tristan Gresser – BNP Paribas Matt Greene – Goldman Sachs Max Kogge – Oddo Bastian Synagowitz – Deutsche B ...

ArcelorMittal (MT) reported $15.2 billion in revenue for the quarter ended September 2024, representing a year-over-year decline of 8.6%. EPS of $0.63 for the same period compares to $1.10 a year ago.The reported revenue represents a surprise of -3.58% over the Zacks Consensus Estimate of $15.76 billion. With the consensus EPS estimate being $0.58, the EPS surprise was +8.62%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stre ...

Luxembourg, November 7, 2024 - ArcelorMittal (referred to as “ArcelorMittal” or the “Company” or the "Group") (MT (New York, Amsterdam, Paris, Luxembourg), MTS (Madrid)), the world’s leading integrated steel and mining company, today announced results1 for the three-month and nine-month periods ended September 30, 2024. 3Q 2024 key highlights: Safety focus: The Company-wide audit of safety by dss+ is now complete. It has provided the Group with a clear set of 6 recommendations which the Company is committed ...

ArcelorMittal ('the Company') today announces the publication of its third quarter 2024 sell-side analyst consensus figures. The consensus figures are based on analysts' estimates recorded on an external web-based tool provided and managed by an independent company, Visible Alpha. To arrive at the consensus figures below, Visible Alpha has aggregated the expectations of sell-side analysts who, to the best of our knowledge, cover ArcelorMittal on a continuous basis. This is currently a group of approximately ...

Group 1: Collaboration and Sustainability - ArcelorMittal has partnered with ABB to introduce XCarb steel, which is produced using high quantities of recycled steel and 100% renewable energy, specifically for ABB's Kabeldon power distribution system [1] - The sustainable sourcing agreement has resulted in a 29% reduction in the carbon footprint of ABB's electrification equipment [1][2] - XCarb steel helps ABB achieve its sustainability goals by lowering the carbon impact of its products, with a production carbon footprint reduction of 60kg CO2e, or 29% for Kabeldon [2] Group 2: Production and Environmental Impact - ArcelorMittal's XCarb steel is produced in an electric arc furnace, utilizing at least 75% recycled steel and powered entirely by renewable electricity, emitting up to 70% less CO2e compared to conventionally manufactured steel [2] - The steel supplied to ABB includes Magnelis-coated steel for corrosion resistance and cold-rolled steel, manufactured and marketed in Europe [2] Group 3: Market Conditions and Future Outlook - ArcelorMittal's shares have increased by 6.2% over the past year, contrasting with a 2.3% decline in its industry [4] - The company believes current market conditions are unsustainable due to China's excess steel production, leading to low domestic steel spreads and aggressive exports [4] - ArcelorMittal anticipates higher apparent demand in the second half of 2024 compared to the previous year, projecting 2.5-3% growth in global steel consumption, excluding China, down from a prior estimate of 3-4% [4]

ArcelorMittal S.A. (MT) has signed a 10-year agreement with VELUX Group to supply recycled and renewably produced steel.Last year, the two companies decided to form an alliance to reduce the carbon footprint of steel used in VELUX roof windows by up to 70% compared to conventionally produced steel. The agreement included testing and validating ArcelorMittal's XCarb recycled and renewably manufactured steel, as well as its performance in VELUX roof window hinges and installation brackets.The signing of this ...

The VELUX Group has entered a 10-year agreement with ArcelorMittal concerning the supply of recycled and renewably produced steel. In 2023, the two companies agreed to enter a partnership to lower the carbon footprint of the steels used in VELUX roof windows by up to 70 percent, compared with conventionally produced steel. This co-operation involved the testing and validation of ArcelorMittal’s XCarb® recycled and renewably produced steel and its performance in VELUX roof window hinges and installation brac ...