ARCELORMITTAL | ||
/s/ Henk Scheffer | ||
Henk Scheffer | ||
Company Secretary |
ARCELORMITTAL | ||
/s/ Henk Scheffer | ||
Henk Scheffer | ||
Company Secretary |
Date | Price Target | Rating | Analyst |
---|---|---|---|
8/28/2024 | $29.00 → $31.00 | Hold → Buy | Deutsche Bank |
8/19/2024 | Equal Weight → Overweight | Barclays | |
5/9/2024 | Neutral | Goldman | |
4/16/2024 | $34.00 → $31.00 | Buy → Hold | Deutsche Bank |
12/13/2023 | Neutral → Overweight | JP Morgan | |
10/18/2023 | Buy → Neutral | BofA Securities | |
4/3/2023 | Overweight → Equal Weight | Barclays | |
3/28/2023 | Sell → Buy | UBS |
Luxembourg, August 1, 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 six-month periods ended June 30, 2024. 2Q 2024 key highlights: Health and safety focus: Protecting employee health and safety remains the overarching priority of the Company; the Company-wide audit of safety by dss+ remains on track for completion by 3Q 2024 and will support our pathway to zero serious injuries and fatalities; LTIF2 rate of 0.57 in 2Q 2024 and 0.59 in 1H 2024 Resilient operating results: Be
Luxembourg, May 2, 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 period ended March 31, 2024. 1Q 2024 key highlights: Health and safety focus: Protecting employee health and wellbeing remains the overarching priority of the Company; the Company-wide audit of safety by dss+ is progressing and will support our pathway to zero serious injuries and fatalities; LTIF2 rate of 0.61x in 1Q 2024Recovering volumes and higher steel spreads supporting improved results: Scope adjusted steel
30 April 2024, 18:15 CET The Annual General Meeting (‘General Meeting') of shareholders of ArcelorMittal held today in Luxembourg approved all resolutions by a strong majority. 78.47% of the voting rights were represented at the General Meeting. The results of the votes will be posted shortly on www.arcelormittal.com under ‘Investors – Equity investors – Shareholders events – AGM – Annual General Meeting of shareholders, 30 April 2024' where the full documentation regarding the General Meeting is available. In particular, the shareholders: Approved the distribution of a dividend of US$0.50 per share;Re-elected Mrs. Karyn Ovelmen and Mr. Clarissa Lins as directors of ArcelorMittal, for a
SD - ArcelorMittal (0001243429) (Filer)
6-K - ArcelorMittal (0001243429) (Filer)
6-K - ArcelorMittal (0001243429) (Filer)
Additional investments in round led by the OPG Pension Plan, and joined by ArcelorMittal XCarb® Innovation Fund, Ara Partners and other existing investors Utility Global, the off-gas-to-value company pioneering its proprietary eXERO™ gas production technology optimized for hard-to-abate industries, today announced that it has raised $53 million of an ongoing Series C financing led by the OPG Pension Plan and joined by multinational steel company, ArcelorMittal S.A. (NYSE:MT), via its XCarb® Innovation Fund, alongside current investors Ara Partners and Aramco Ventures. This investment is part of Utility Global's current growth equity funding round. ArcelorMittal and Utility Global also ente
Event highlights India's position as world's fastest growing steel market and AM/NS India's vision to become the benchmark for quality, scale and sustainability in Indian steelmaking 25 September 2024, 11:30 CET ArcelorMittal today hosted an investor day at AM/NS India's flagship plant in Hazira, Gujarat. The event provided members of the investment community with the opportunity to witness first-hand the progress AM/NS India – a 60/40 joint venture between ArcelorMittal and Nippon Steel – is making with the first phase of its project to grow steelmaking capacity in Hazira and insight into its long-term vision to reach 40 million tonnes of annual capacity. In addition to the site tour th
06 August 2024, 07:30 CET ArcelorMittal today announces that following the signature of a Share Purchase Agreement on 12 March 2024, and after the approval of relevant antitrust authorities and clearances under foreign investment regulations, it has completed the acquisition of 65,243,206 shares, representing c.28.41% equity interest in Vallourec, for €14.64 per share from funds managed by Apollo Global Management Inc., for a total consideration of approximately €955 million, subject to successful completion of the settlement. Following completion of this transaction, the appointment of Mr. Genuino Magalhaes Christino (Chief Financial Officer, ArcelorMittal) as director of Vallourec will
Deutsche Bank upgraded ArcelorMittal from Hold to Buy and set a new price target of $31.00 from $29.00 previously
Barclays upgraded ArcelorMittal from Equal Weight to Overweight
Goldman initiated coverage of ArcelorMittal with a rating of Neutral
SC 13D/A - ArcelorMittal (0001243429) (Subject)
SC 13D/A - ArcelorMittal (0001243429) (Subject)
SC 13D/A - ArcelorMittal (0001243429) (Subject)
4 - ArcelorMittal (0001243429) (Reporting)
06 August 2024, 07:30 CET ArcelorMittal today announces that following the signature of a Share Purchase Agreement on 12 March 2024, and after the approval of relevant antitrust authorities and clearances under foreign investment regulations, it has completed the acquisition of 65,243,206 shares, representing c.28.41% equity interest in Vallourec, for €14.64 per share from funds managed by Apollo Global Management Inc., for a total consideration of approximately €955 million, subject to successful completion of the settlement. Following completion of this transaction, the appointment of Mr. Genuino Magalhaes Christino (Chief Financial Officer, ArcelorMittal) as director of Vallourec will
19 March 2024, 10:00 CET ArcelorMittal, the world's leading steel and mining company, today announces that Kleber Silva is nominated Executive Vice President of ArcelorMittal and appointed as Chief Executive Officer of ArcelorMittal Mining, effective 08 April 2024. Kleber will report to Aditya Mittal, Chief Executive Officer of ArcelorMittal and he will be a member of the Group Management Committee. Stefan Buys, who has been the chief executive since October 2021, is leaving the company on 30 March 2024 to pursue other opportunities. Stefan safely advanced ArcelorMittal's mining business in both Liberia and Canada, and facilitated the progression of key projects. ArcelorMittal would like t
24 May 2022, 10:00 CET ArcelorMittal today announces that Stephanie Werner-Dietz will join the company on 1st September 2022 as Executive Vice President and global head of human resources. Bart Wille, who currently holds this position, has decided to retire at the end of this year following a career of 37 years in human resources management. Stephanie joins ArcelorMittal from Nokia, where she is Chief People Officer and a member of the Group Leadership Team. In this position she has responsibility for all people-related topics including human resource management, real estate and health and safety. She recently launched Nokia's new people strategy, which has a strong emphasis on growth, s
- Reuters
Top Stories for May 22, 2024: 1. Cleveland-Cliffs (NYSE:CLF) refutes allegations from the U.S. Steel (NYSE:X) Board, stating that the company announced an "unclosable deal" that it is now blaming on Cleveland-Cliffs. They present evidence countering its claims of misinformation, highlighting union endorsement and national security concerns echoed by government officials, including President Joe Biden. Cliffs reiterated its unwavering position on the importance of union support and maintaining U.S. Steel’s American ownership. Criticism was directed toward U.S. Steel’s strategic review process, with Cleveland-Cliffs disavowing responsibility for the deal's failure and attrib