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ArcelorMittal SA (MT.AS)

MT.AS on Amsterdam Stock Exchange

20.68EUR
20 Nov 2018
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Latest Key Developments (Source: Significant Developments)

ArcelorMittal Q3 Operating Income Decreases To 1.6 Billion Dollars
Thursday, 1 Nov 2018 02:00am EDT 

Nov 1 (Reuters) - ARCELORMITTAL SA ::REG-ARCELORMITTAL REPORTS THIRD QUARTER 2018 AND NINE MONTHS 2018 RESULTS.OPERATING INCOME IN 3Q 2018 DECREASED TO $1.6 BILLION.EBITDA OF $2.7 BILLION IN 3Q 2018,.NET INCOME OF $0.9 BILLION IN 3Q 2018.CRUDE STEEL PRODUCTION OF 23.3MT IN 3Q 2018, UP 0.5% VERSUS. 2Q 2018.STEEL SHIPMENTS OF 20.5MT IN 3Q 2018, DOWN 5.5% VERSUS. 2Q 2018.3Q 2018 IRON ORE SHIPMENTS OF 14.2MT (-5.6% YOY),.GROSS DEBT OF $13.0 BILLION AS OF SEPTEMBER 30, 2018..Q3 REUTERS POLL: REVENUE $19.66 BILLION; EBITDA $2.70 BILLION; NET INCOME $1.37 BILLION.EXPECTS GLOBAL ASC TO GROW FURTHER IN 2018 BY BETWEEN +2.0% TO +3.0%..ASC IN US IS EXPECTED TO GROW +2.0% TO +3.0% IN 2018.IN EUROPE, THE STRENGTH IN MACHINERY AND CONSTRUCTION END MARKETS IS EXPECTED TO SUPPORT ASC GROWTH OF BETWEEN +2.0% TO +3.0% IN 2018.18. IN BRAZIL, 2018 ASC GROWTH IS FORECAST IN THE RANGE OF +5.5% TO +6.5%..IN THE CIS, ASC IS EXPECTED TO GROW +2.0% TO +3.0% IN 2018.WORLD EX-CHINA ASC IS EXPECTED TO GROW BY APPROXIMATELY +3.0% TO +4.0% IN 2018.IN CHINA, OVERALL DEMAND IS EXPECTED TO GROW BY BETWEEN +1.0% TO +2.0% IN 2018.NOW EXPECTS A WORKING CAPITAL INVESTMENT OF APPROXIMATELY $3.0 BILLION TO $3.5 BILLION FOR THE FULL YEAR 2018, IMPLYING A SIGNIFICANT RELEASE IN 4Q 2018..EXPECTS THAT CERTAIN CASH NEEDS OF THE BUSINESS (EXCLUDING WORKING CAPITAL INVESTMENT) WILL TOTAL APPROXIMATELY $5.8 BILLION IN 2018..CASH FLOW GENERATION POTENTIAL OF THE COMPANY IS EXPECTED TO INCREASE.  Full Article

ArcelorMittal Completes Transaction To Acquire Ilva
Thursday, 1 Nov 2018 02:00am EDT 

Nov 1 (Reuters) - ARCELORMITTAL SA ::REG-ARCELORMITTAL COMPLETES TRANSACTION TO ACQUIRE ILVA S.P.A. AND LAUNCHES ARCELORMITTAL ITALIA.AM INVESTCO ITALY SRL ('AM INVESTCO')'S TRANSACTION TO ACQUIRE ILVA S.P.A. ('ILVA') HAS COMPLETED TODAY.  Full Article

CCI Finds No "Appreciable Adverse Effect" On Competition On Arcelormittal, Nippon Steel & Sumitomo Metal’s Proposed Buy Of Essar Steel
Thursday, 20 Sep 2018 06:40am EDT 

Sept 20 (Reuters) - COMPETITION COMMISSION OF INDIA::FINDS NO APPRECIABLE ADVERSE EFFECT ON COMPETITION W.R.T. ARCELORMITTAL, NIPPON STEEL & SUMITOMO METAL’S PROPOSED ACQUISITION OF ESSAR STEEL.  Full Article

Harsco Secures 10-Year Contract With Arcelormittal Tubarao Totalling $Us 150 Million
Thursday, 13 Sep 2018 08:01am EDT 

Sept 13 (Reuters) - Harsco Corp ::HARSCO SECURES 10-YEAR CONTRACT WITH ARCELORMITTAL TUBARAO TOTALLING $US 150 MILLION.HARSCO CORP - CO'S METALS & MINERALS DIVISION ENTERED INTO A MULTI-YEAR CONTRACT WITH ARCELORMITTAL TUBARAO, FLAGSHIP PLANT OF ARCELORMITTAL IN BRAZIL.  Full Article

Sunpower Group Secures RMB32 Mln M&S Contract From Arcelormittal
Tuesday, 28 Aug 2018 06:08am EDT 

Aug 28 (Reuters) - Sunpower Group Ltd ::SECURES A RMB32 MILLION M&S CONTRACT FROM ARCELORMITTAL.  Full Article

ArcelorMittal: Bart Wille To Replace Henri Blaffart As Executive Officer And Executive Vice President
Monday, 5 Mar 2018 04:12am EST 

March 5 (Reuters) - ARCELORMITTAL SA ::ANNOUNCES RETIREMENT OF MR HENRI BLAFFART AND APPOINTMENT OF MR BART WILLE‍​.RETIREMENT OF HENRI BLAFFART, EXECUTIVE OFFICER, AND EXECUTIVE VICE PRESIDENT.HENRI BLAFFART TO RETIRE ON 30 MARCH 2018.BART WILLE TO ASSUME POSITIONS OF EXECUTIVE VICE PRESIDENT AND EXECUTIVE OFFICER.  Full Article

Aditya Mittal Appointed President Of ArcelorMittal
Monday, 5 Mar 2018 02:00am EST 

March 5 (Reuters) - ARCELORMITTAL SA ::REG-ADITYA MITTAL APPOINTED PRESIDENT OF ARCELORMITTAL.‍ADITYA MITTAL APPOINTED AS PRESIDENT, ARCELORMITTAL, IN ADDITION TO HIS CURRENT RESPONSIBILITIES​.‍AS PRESIDENT AND CFO, HE WILL CONTINUE TO REPORT TO CHAIRMAN AND CEO​.‍TOGETHER, MR MITTAL AND ADITYA MITTAL COMPRISE CHAIRMAN AND CEO OFFICE​.  Full Article

Arcelormittal SA Files For Potential Mixed Shelf Offering; Size Not Disclosed
Friday, 2 Mar 2018 12:26pm EST 

March 2 (Reuters) - Arcelormittal Sa ::ARCELORMITTAL SA FILES FOR POTENTIAL MIXED SHELF OFFERING; SIZE NOT DISCLOSED - SEC FILING.  Full Article

Arcelormittal ‍Signed A Joint Venture With Nippon Steel & Sumitomo Metal Corporation​
Friday, 2 Mar 2018 01:00am EST 

March 2 (Reuters) - ARCELORMITTAL SA ::‍HAS SIGNED A JOINT VENTURE FORMATION AGREEMENT WITH NIPPON STEEL & SUMITOMO METAL CORPORATION (NSSMC) IN RELATION TO ITS OFFER TO ACQUIRE ESSAR STEEL INDIA LIMITED (ESSAR STEEL)​.  Full Article

ArcelorMittal Supplying Cryogenic Steel Plates Through Subsidiary Industeel For New Shell Petrochemical Complex‍​
Tuesday, 20 Feb 2018 10:58am EST 

Feb 20 (Reuters) - ARCELORMITTAL SA ::SUPPLYING 770 TONNES OF CRYOGENIC STEEL PLATES THROUGH ITS SUBSIDIARY INDUSTEEL FOR A NEW MAJOR SHELL PETROCHEMICAL COMPLEX‍​.  Full Article

TABLE-Kazakhstan's January-October copper output up; zinc, steel down

ALMATY, Nov 20 Kazakhstan's January-October refined copper output rose 3.6 percent year-on-year while refined zinc production fell 0.4 percent and crude steel output was down 1.6 percent, Statistics Committee data showed on Tuesday. London-listed copper miner KAZ Minerals and Glencore's Kazzinc account for a large part of Kazakhstan's metals production. ArcelorMittal owns the country's only major steel mill in Temirtau. The Statistics Committee provided the following