ArcelorMittal SANYSE: MT

01 July 2024, 11.30 CET ArcelorMittal ('the Company') has today filed its 2023 Payments to Governments in respect of Extractive Industries report, which provides a consolidated overview of payments made by the Company and its subsidiaries in 2023 to governments regarding its mining operations. The report, which complies with reporting requirements under Luxembourg law, is available for download from https://corporate.arcelormittal.com/corporate-library.

An ongoing "illegal blockade" at ArcelorMittal's western Mexico site since the end of May has now held up an estimated 300,000 metric tons of steel, the company told Reuters on Monday.

11 June 2024, 08:00 CET ArcelorMittal (‘the Company' or ‘the Issuer') priced yesterday an offering of US$500 million aggregate principal amount of 6.00% notes due 17 June 2034 and US$500 million aggregate principal amount of 6.35% notes due 17 June 2054 (the ‘Notes'). The net proceeds to ArcelorMittal (before expenses), amounting to approximately $989,290,000, will be used for general corporate purposes.

ArcelorMittal (MT) and Materialise join forces to enhance LPBF and metal 3D printing using advanced build processors and specialized steel powders.

ArcelorMittal's (MT) construction arm gains significant strategic value from the acquisition of Italpannelli SRL and Italpannelli Iberica.

ArcelorMittal is a significant player in the global steel industry, specializing in various sectors and focusing on improving efficiency. The company has shown strong organic growth in EBITDA and is disposing of non-core assets, while acquiring specialty players. Despite slow improvements in the industry and challenges in the Chinese market, ArcelorMittal is expected to drive profitability and has a triple-digit upside potential in the long term.

ArcelorMittal (MT) and partners launch a pilot carbon capture unit in Gent, Belgium, to test and scale CO2 emission reduction technologies.

GENT, Belgium, May 22, 2024 (GLOBE NEWSWIRE) -- ArcelorMittal and partners Mitsubishi Heavy Industries, Ltd. (MHI), BHP, along with Mitsubishi Development Pty Ltd (Mitsubishi Development) have successfully started operating a pilot carbon capture unit on the blast furnace off-gas at ArcelorMittal Gent in Belgium.

ArcelorMittal's electric arc furnace in Gijon is striving to decrease CO2 emissions by over 35% while also meeting the increasing demand for low-carbon steel.