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ArcelorMittal SA (MT.N)

MT.N on New York Stock Exchange

36.65USD
18 Jan 2018
Change (% chg)

$-0.03 (-0.08%)
Prev Close
$36.68
Open
$36.47
Day's High
$36.80
Day's Low
$36.25
Volume
414,739
Avg. Vol
763,537
52-wk High
$37.31
52-wk Low
$19.60

Latest Key Developments (Source: Significant Developments)

ArcelorMittal Acquires Exosun​
Thursday, 4 Jan 2018 08:44am EST 

Jan 4 (Reuters) - ARCELORMITTAL SA ::ACQUISITION OF EXOSUN​.EXOSUN IS A COMPANY SPECIALIZING IN SOLAR TRACKING FOR PHOTOVOLTAIC PLANTS.  Full Article

Stalprodukt to Buy GO Steel Frydek Mistek For Up to 40 Mln Euros
Monday, 18 Dec 2017 02:16am EST 

Dec 18(Reuters) - Stalprodukt SA ::SAID ON FRIDAY THAT IT HAS SIGNED AN AGREEMENT TO BUY 100 PERCENT STAKE IN GO STEEL FRYDEK MISTEK A.S. BASED IN CZECH REPUBLIC FROM ARCELORMITTAL SA <<>>.THE FINAL VALUE OF THE DEAL WILL BE UP TO 40 MILLION EUROS.  Full Article

ArcelorMittal Issues Fixed Rate Notes For 500 Million Euros At 0.95 Pct
Monday, 4 Dec 2017 12:00pm EST 

Dec 4 (Reuters) - ARCELORMITTAL SA ::ANNOUNCES THE ISSUANCE OF €500 MILLION 0.95% FIXED RATE NOTES UNDER ITS €10 BILLION EMTN PROGRAMME.‍NOTES DUE 17 JANUARY 2023​.  Full Article

ArcelorMittal: accident at coke plant in Ghent, one fatality
Monday, 20 Nov 2017 12:15pm EST 

Nov 20 (Reuters) - ARCELORMITTAL SA ::ON NOV 20 AT 15:10 EXPLOSION TOOK PLACE IN BY-PRODUCTS ZONE OF COKE PLANT IN ARCELORMITTAL GHENT ‍​.ACCIDENT RESULTED IN ONE FATALITY AND TWO INJURED PEOPLE WHO ARE BOTH IN A STABLE CONDITION‍​.CONFIRMS THAT THERE IS NO DANGER TO SURROUNDING AREA AND THAT INSTALLATION HAS BEEN MADE SAFE‍​.CO IS INVESTIGATING EXACT CIRCUMSTANCES AND CAUSES OF THE ACCIDENT ‍​.COKE PLANT GAS IS CURRENTLY BEING FLARED IN ACCORDANCE WITH STATED PROCEDURES ‍​.  Full Article

Arcelormittal Q3 EBITDA up at 1.92 billion euros
Friday, 10 Nov 2017 01:00am EST 

Nov 10 (Reuters) - Arcelormittal Sa :ARCELORMITTAL REPORTS THIRD QUARTER 2017 RESULTS.Q3 EBITDA $ ‍​ 1.92 BILLION VERSUS $1.86 BILLION IN REUTERS POLL.ARCELORMITTAL - ‍NOW EXPECTS A FULL YEAR 2017 INVESTMENT IN WORKING CAPITAL OF APPROXIMATELY $2.0 BILLION VERSUS $1.5 BILLION PREVIOUSLY​.Q3 EBITDA/TONNE $ ‍​89 VERSUS $93 YEAR AGO.Q3 STEEL SHIPMENTS 21.7 ‍​ MT VERSUS 21.3 MT IN REUTERS POLL.ARCELORMITTAL SA - ‍"WE OPERATE IN A COMPETITIVE GLOBAL ENVIRONMENT WHICH IS CHARACTERIZED BY OVERCAPACITY AND HIGH LEVELS OF IMPORTS"​.Q3 REVENUE $17.64 ‍​ BILLION VERSUS $16.82 BILLION IN REUTERS POLL.Q3 NET INCOME ATTRIBUTABLE TO EQUITY HOLDERS OF PARENT $ 1.21 BILLION VERSUS $735 MILLION IN REUTERS POLL.ARCELORMITTAL SA - ‍MARKET CONDITIONS ARE FAVORABLE​.ARCELORMITTAL - ‍DEMAND ENVIRONMENT REMAINS POSITIVE AND STEEL SPREADS REMAIN HEALTHY​.Q3 IRON ORE SHIPPED AT MARKET PRICE ‍​ 9.1 MT VERSUS 8.1 MT YEAR AGO.Q3 CRUDE STEEL PRODUCTION ‍​ 23.6 MT VERSUS 22.6 MT YEAR AGO.Q3 OWN IRON ORE PRODUCTION ‍​14.2 MT VERSUS 13.7 MT YEAR AGO.ARCELORMITTAL SA - GLOBAL APPARENT STEEL CONSUMPTION FORECAST TO INCREASE BY +2.5% TO +3.0% IN 2017 ‍​.ARCELORMITTAL - IN CHINA, DEMAND GROWTH EXPECTED DUE TO STRENGTH IN AUTOMOTIVE AND MACHINERY‍​.ARCELORMITTAL - ASP WERE 1.5% HIGHER THIS QUARTER AS COMPARED TO 2Q DUE TO IMPROVED PRICES IN EUROPE (+3.5%) AND ACIS (+3.3%).  Full Article

ArcelorMittal keeps forecast for 2017 steel demand growth
Friday, 10 Nov 2017 01:00am EST 

Nov 10 (Reuters) - Arcelormittal :Says sees global apparent steel consumption growing by between 2.5 and 3.0 percent in 2017. Same forecast as made in July.  Full Article

Black Iron provides update on go forward development plan
Monday, 30 Oct 2017 07:30am EDT 

Oct 30 (Reuters) - Black Iron Inc :Black Iron provides update on go forward development plan.Black Iron - PEA for ‍Shymanivske Iron Ore project expected to be completed in mid-Q4; co expects it to show "extremely favourable" economics​.Black Iron - co to initiate discussions with debt finance sources including European Bank For Reconstruction And Development.  Full Article

Arcelormittal announces offers to purchase for cash up to $1.25 bln combined purchase price of the outstanding notes
Thursday, 28 Sep 2017 10:19am EDT 

Sept 28 (Reuters) - Arcelormittal SA ::Arcelormittal announces offers to purchase for cash up to $1,250,000,000 combined aggregate purchase price of the outstanding notes listed below.Arcelormittal sa - ‍notes may be validly tendered at any time on or before 11:59 p.m., new york city time, on October 26, 2017, unless extended​.  Full Article

Arcelormittal says German cartel authorities searched its offices
Monday, 4 Sep 2017 09:13am EDT 

Sept 4 (Reuters) - Arcelormittal :Says German cartel authorities searched its offices in late august on suspected antitrust violations.  Full Article

Arcelormittal CFO says Chinese steel exports down, but still very significant
Thursday, 27 Jul 2017 02:40am EDT 

July 27 (Reuters) - Arcelormittal :Arcelormittal cfo says steel imports into europe from january to may are up 13 percent.Arcelormittal cfo says chinese steel exports down, but still very significant.  Full Article

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ArcelorMittal-Votorantim tie-up will need more asset sales: report

SAO PAULO Brazil's antitrust watchdog Cade will press steelmakers ArcelorMittal SA and Votorantim Siderurgia SA for more asset sales before approving their merger, newspaper Valor Economico reported on Wednesday, citing unidentified sources.