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ArcelorMittal completes sale of Bosnia operations
Globenewswire· 2025-10-30 15:04
Core Points - ArcelorMittal has completed the sale of its steel and mining operations in Bosnia and Herzegovina, specifically ArcelorMittal Zenica and ArcelorMittal Prijedor, to H&P d.o.o. Zvornik, part of the Pavgord Group [1] - The sale was initially announced in June 2025 following the signing of a sale and purchase agreement [1] Company Overview - ArcelorMittal is one of the world's leading integrated steel and mining companies, operating in 60 countries with primary steelmaking operations in 15 countries [2] - It is the largest steel producer in Europe and among the largest in the Americas, with a growing presence in Asia through its joint venture AM/NS India [2] - In 2024, ArcelorMittal generated revenues of $62.4 billion, produced 57.9 million metric tonnes of crude steel, and 42.4 million tonnes of iron ore [2] - The company's purpose is to produce smarter steels that are cleaner, stronger, reusable, and made using innovative processes that reduce energy consumption and carbon emissions [2]
ArcelorMittal publishes its 2025 half-year report
Globenewswire· 2025-08-01 17:30
Core Viewpoint - ArcelorMittal has published its half-year report for the period ending June 30, 2025, highlighting its financial performance and operational metrics [1][2]. Company Overview - ArcelorMittal is a leading integrated steel and mining company with operations in 60 countries and primary steelmaking in 15 countries [3]. - It is the largest steel producer in Europe and among the largest in the Americas, with a growing presence in Asia through its joint venture AM/NS India [3]. - In 2024, the company generated revenues of $62.4 billion, produced 57.9 million metric tonnes of crude steel, and 42.4 million tonnes of iron ore [3]. - The company's purpose is to produce smarter steels that are cleaner, stronger, reusable, and support renewable energy infrastructure [3]. Financial Reporting - The half-year report is available on the company's corporate website and has been filed with the U.S. Securities and Exchange Commission [1][2].