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 results1 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 an overarching priority of the Company; LTIF2 rate of 0.92x in FY 2023 and 0.70x in FY 2022. P ...

ArcelorMittal S.A. (MT) and Nippon Steel’s joint venture, ArcelorMittal Nippon Steel India (AM/NS India), released its inaugural Climate Action Report. It highlights the venture’s commitment to accelerate and decarbonize India's development. This report comes at a crucial juncture for India's steel sector, as the country aims to achieve a $5-trillion economy and become the third-largest global economy by 2026-27.Aditya Mittal, chairman of AM/NS India, emphasized the importance of addressing the challenge of ...

ARCELORMITTAL 6-K Exhibit 99.1 Share repurchases driving enhanced value: Repurchased 45.4m shares in 2023, bringing the total reduction in fully diluted shares outstanding to 33% since the end of September 2020. Book value per share increased to $66 over the last 12 months ROE of 8.9% Priorities: ArcelorMittal reports fourth quarter and full year 2023 results Growth: following a period of optimization and strategic investment, the Company is on the cusp of a step change in profitability: Luxembourg, Februar ...

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 ...

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 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 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) 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 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 ...

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 ...