ArcelorMittal is a global leader in the steel and mining industry, specializing in the production of a wide range of steel products that serve various sectors, including construction, automotive, and appliances
The company operates a vast network of steelmaking facilities, mining operations, and distribution centers worldwide, enabling it to supply high-quality steel and iron ore to meet the demands of its diverse customer base. With a strong commitment to sustainability and innovation, ArcelorMittal focuses on advancing environmentally friendly practices and developing advanced materials to enhance performance and reduce the carbon footprint of steel production.
The steelmaker announced that it expects to generate free cash flow (FCF) during 2025 and beyond. It also said that it would distribute half of post-dividend FCF to shareholders through share buybacks.
Luxembourg, February 6, 2025 - 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, 2024.
ArcelorMittal South Africa announces plans to wind down its Longs Business by January 2025, affecting around 3,500 jobs. The company cites high logistics, energy costs, and low-cost imports from China as key factors for this decision, with major economic consequences for the Newcastle region.
Steel is a foundational building material and a major market commodity with important taxing rules and import guidelines, the enforcement of which benefits economic advancement and safeguards the nation's infrastructure.
ArcelorMittal priced yesterday an offering of €500,000,000 3.125 per cent notes due 13 December 2028 (the “2028 Notes”) and €500,000,000 3.500 per cent notes due 13 December 2031 (the “2031 Notes” and together with the 2028 Notes, the "Notes").
Luxembourg, November 7, 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 nine-month periods ended September 30, 2024.
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
