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ArcelorMittal Q4 Net Result Turns To Loss Of $1.88 Billion
ArcelorMittal Sells 50% Shipping Business Stake
ArcelorMittal: AM InvestCo Signs Non-Binding Agreement With Ilva Commissioners
ArcelorMittal S.A. (ArcelorMittal) is a holding company. The Company, together with its subsidiaries, owns and operates steel manufacturing and mining facilities in Europe, North and South America, Asia and Africa. ArcelorMittal operates through five segments, which include NAFTA; Europe; Brazil; Africa and Commonwealth of Independent States (ACIS), and Mining. The NAFTA segment produces flat, long and tubular products. The Brazil segment includes the flat operations of Brazil, and the long and tubular operations of Brazil and neighboring countries. The Europe segment is the flat steel producer in Europe. The ACIS segment produces a combination of flat, long products and tubular products. The Mining segment comprises all mines owned by ArcelorMittal in the Americas, Asia, Europe and Africa. It produces a range of finished and semi-finished steel products (semis). The Company operates through its subsidiary Exosun.
24-26 Boulevard d'Avranches
Lakshmi Narayan Mittal
Chairman of the Board, Chief Executive Officer, Member of the Management Committee, Member of the Executive Board
President, Group Chief Financial Officer, Member of the Executive Board, Member of the Management Committee, Chief Executive Officer ArcelorMittal Europe
B E. Aranha
Executive Vice President, Member of the Executive Board, Member of the Management Committee, Head of Strategy, CTO, R&D, CCM, and Global Automotive
Executive Vice President, Head of Human Resources, Member of the Management Committee, Member of the Executive Board
Jefferson de Paula
Executive Vice President, Member of the Executive Board, Member of the Management Committee, Chief Executive Officer ArcelorMittal South America Long
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ArcelorMittal <MT.AS> and commissioners of the Ilva steelworks in southern Italy have agreed to extend talks to the end of the month after making progress towards a possible deal to buy the plant, a lawyer for the company said on Friday.
ArcelorMittal <MT.AS>, the world's largest steelmaker, forecast increased demand and a drop in its debt levels this year after earnings beat forecasts at the end of 2019, lifting its shares.
An Italian court ruled on Tuesday that one of three blast furnaces at ArcelorMittal's <MT.AS> Ilva steel plant need not be shut down despite concerns it was in breach of safety rules, throwing a lifeline to the loss-making plant in southern Italy.
ArcelorMittal, the world's largest steelmaker, has agreed to sell a 50% stake in its shipping business, the first step in its plan to offload $2 billion of assets by the middle of 2021 to reduce its debt
ArcelorMittal and commissioners of the Ilva steelworks have moved closer to a deal over the future of the ailing plant and have agreed to extend their talks, a lawyer representing the company said on Friday.
ArcelorMittal SA said on Monday it had formed a joint venture with Nippon Steel Corp to run Essar Steel, the bankrupt Indian steel company that ArcelorMittal has taken over.
The world's biggest steelmaker ArcelorMittal <MT.AS> announced plans on Friday to cut emissions by 30% at its European operations by 2030, two days after the European Union laid out its program to be carbon neutral by 2050.
Two environmental groups have sued steelmaker ArcelorMittal Burns Harbor and its parent company ArcelorMittal USA, accusing the companies of dumping pollutants such as cyanide and ammonia into a nearby river dozens of times over the past five years at their northern Indiana...
A lawyer representing ArcelorMittal <MT.AS> said on Wednesday the company hoped it could reach a deal with the Italian government over the Ilva plant, after the steelmaker tried to walk away from a 2018 deal to buy the site.
Steelmaker ArcelorMittal <MT.AS> has agreed to immediately restart talks with the Italian government over the future of the Ilva plant, Prime Minister Giuseppe Conte said after a four-hour meeting with the company.
Italian police are searching ArcelorMittal's <MT.AS> offices in Milan and the southern city of Taranto in an investigation into the troubled Ilva steel plant, which the company wants to hand back to the government, ArcelorMittal said in a statement.
ArcelorMittal <MT.AS> is drafting a plan to re-commit to the 2018 deal, under which it bought the troubled Ilva steel plant in southern Italy, on three conditions, Il Messaggero daily reported on Monday.
Italy's government filed an urgent court appeal on Friday to try to stop ArcelorMittal <MT.AS> walking away from a 2018 deal to buy the troubled Ilva steel plant, as a union said the group was preparing to leave on Dec 4.
Italy's FIM-CISL union said on Friday that ArcelorMittal had confirmed it would hand over the troubled Ilva steel plant to state-appointed administrators on Dec. 4 and had already begun winding down operations.
India's Supreme Court cleared the path on Friday for steelmaker ArcelorMittal SA <MT.AS> to take over bankrupt Essar Steel, following a legal tussle that has dragged through multiple courts for over two years.
India's Supreme Court cleared the path on Friday for steelmaker ArcelorMittal SA to take over bankrupt Essar Steel, following a legal tussle that has dragged through multiple courts for over two years.
ArcelorMittal Poland will temporarily halt its blast furnace and steel plant in Krakow, southern Poland, on Nov. 23, due to a weakening outlook for the market, the company said on Tuesday.
The Italian government will fight ArcelorMittal <MT.AS> in the courts if it goes back on a pledge to buy steelmaker Ilva, but Rome still hopes to avoid a bruising legal showdown, Prime Minister Giuseppe Conte said on Thursday.
ArcelorMittal, the world's largest steelmaker, cut its forecasts for demand in its main U.S. and European markets but reported a higher-than-expected core profit.
ArcelorMittal, the world's largest steelmaker, reported core earnings slightly above market estimates on Thursday, but took a dimmer view of demand in its main U.S. and European markets.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.