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ArcelorMittal(MT) - 2023 Q4 - Annual Report
2024-02-07 16:00
ARCELORMITTAL 6-K Exhibit 99.1 ArcelorMittal reports fourth quarter and full year 2023 results Luxembourg, February 8, 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 twelve-month periods ended December 31, 2023. 2023 key highlights: Health and safety focus: Protecting employee health and wellbeing remains ...
ArcelorMittal announces the publication of its fourth quarter and full year 2023 sell-side analyst consensus figures
Newsfilter· 2024-02-05 21:15
5 February 2024, 22:15 CET ArcelorMittal (‘the Company') today announces the publication of its fourth quarter and full year 2023 sell-side analysts' 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 ...
Seeking Clues to ArcelorMittal (MT) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics
Zacks Investment Research· 2024-02-05 15:21
Analysts on Wall Street project that ArcelorMittal (MT) will announce quarterly loss of $0.81 per share in its forthcoming report, representing a decline of 159.1% year over year. Revenues are projected to reach $14.58 billion, declining 13.7% from the same quarter last year.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Prior to a co ...
ArcelorMittal (MT) and Vestas Team Up for Low-Carbon Steel
Zacks Investment Research· 2024-01-17 17:56
ArcelorMittal S.A. (MT) joined forces with Vestas, a key player in sustainable energy solutions, to introduce a low carbon-emissions steel solution that significantly reduces the lifetime carbon dioxide emissions associated with wind turbine tower production.This innovative steel is crafted using 100% steel scrap melted in an electric arc furnace powered entirely by wind energy at ArcelorMittal's Industeel Charleroi steel mill in Belgium. The resulting steel slabs are then transformed into heavy plates at A ...
ArcelorMittal (MT) to Restart Bosnia Plant After Two-Month Halt
Zacks Investment Research· 2024-01-11 17:48
ArcelorMittal S.A. (MT) is set to recommence operations at its Bosnia plant in the coming days, according to Reuters. The production had been halted in November due to a decline in steel demand across Europe. The company also cited factors such as reduced steel consumption since 2022, triggered by the war in Ukraine, escalating energy prices, output costs and inflation, as reported by Reuters. The ArcelorMittal Zenica plant will also resume receiving iron ore deliveries from its mines in northern Bosnia.Fol ...
ArcelorMittal (MT) Rejects Italy Government's Stake Plan in ADI
Zacks Investment Research· 2024-01-09 17:02
ArcelorMittal (MT) rejected the Italian government’s proposal to acquire a controlling stake in Acciaierie d'Italia (“ADI”), a major steel plant in Europe formerly known as Ilva, according to a statement from the cabinet, as reported by Reuters yesterday.A confidential source informed Reuters that placing the financially struggling site under special administration might be the only viable option to prevent its closure. ArcelorMittal currently holds a 62% stake in ADI, while the remaining 38% is owned by th ...
ArcelorMittal (MT) Partners IIT Madras for Hyperloop Facility
Zacks Investment Research· 2024-01-04 13:17
ArcelorMittal S.A. (MT) has announced a collaboration with the Indian Institute of Technology ("IIT") Madras and is collaborating closely with IIT Madras' Hyperloop Technology teams – Avishkar Hyperloop, a student team and TuTr Hyperloop, a start-up incubated at IIT Madras – involved in the development of cost-effective Hyperloop technologies for passenger and cargo mobility at scale.ArcelorMittal and AM/NS India are supplying foundational steel materials, as well as engineering, design and project manageme ...
ArcelorMittal(MT) - 2023 Q1 - Earnings Call Presentation
2023-05-18 15:00
1Q’23 Roadshow Smarter steels for people and planet Disclaimer Forward-Looking Statements This document may contain forward-looking information and statements about ArcelorMittal and its subsidiaries. These statements include financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations with respect to future operations, products and services, and statements regarding future performance. Forward-looking statements may be identified by the words ...
ArcelorMittal(MT) - 2023 Q1 - Earnings Call Transcript
2023-05-04 20:30
ArcelorMittal S.A. (NYSE:MT) Q1 2023 Earnings Conference Call May 4, 2023 9:30 AM ET Company Participants Daniel Fairclough - Vice President, Corporate Finance and Head of Investor Relations Genuino Christino - Executive Vice President and Chief Financial Officer Conference Call Participants Alain Gabriel - Morgan Stanley Tristan Gresser - BNP Paribas Patrick Mann - Bank of America Merrill Lynch Tom Zhang - Barclays Myles Allsop - UBS Philip Gibbs - KeyBanc Capital Markets Rochus Brauneiser - Kepler Bastian ...
ArcelorMittal(MT) - 2023 Q2 - Quarterly Report
2023-05-04 19:13
ARCELORMITTAL 6-K EXHIBIT 99.1 ArcelorMittal reports second quarter 2023 and half year 2023 results Luxembourg, July 27, 2023 - ArcelorMittal (referred to as “ArcelorMittal” or the “Company”) (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 six-month periods ended June 30, 2023. Key highlights: • Health and safety focus: Protecting employee health and wellbeing remains an overarching priority ...