ArcelorMittal

ArcelorMittal SA is a holding company, which engages in steelmaking and mining activities. It operates through the following business segments: NAFTA; Brazil; Europe; Africa and Commonwealth of Independent States (ACIS), Mining, and Others. The NAFTA segment consists of flat products such as slabs, hot-rolled coil, cold-rolled coil, coated steel, and plate. The Brazil segment covers wire rod, bar and rebars, billets, blooms, and wire drawing. The Europe segment offers hot-rolled coil, cold-rolled coil, coated products, tinplate, plate, and slab. The ACIS segment produces a combination of flat, long, and tubular products. The Mining segment focuses on steel operations. The company was founded by Lakshmi Niwas Mittal in 1976 and is headquartered in Luxembourg.

Earnings data Q1 2024

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ArcelorMittal (MT) partners with Sarralle to construct Spain's first decarbonized electric arc furnace in Gijon.

ArcelorMittal (MT) Decarbonizes With New Electric Arc Furnace

ArcelorMittal MT achieved a milestone with the first industrial production of ethanol at its Steelanol plant, marking Europe's inaugural carbon capture and utilization (CCU) project. This historic achievement was recorded on Nov 7, 2023, at ArcelorMittal Belgium's Gent plant, representing a significant stride toward the full commissioning of the Steelanol facility.

ArcelorMittal (MT) Achieves Milestone with Ethanol Production

ArcelorMittal (MT) and Schneider Electric partner to reduce carbon emissions in electrical cabinets and enclosures using XCarb recycled and renewably produced steel.

ArcelorMittal (MT) & Schneider Team Up on Low-Carbon Steel

ArcelorMittal (MT) enters the additive manufacturing market with a steel powder production facility in Spain.

ArcelorMittal (MT) Enters Into Additive Manufacturing Market

16 November 2023 ArcelorMittal announces the first industrial production of ethanol at its Steelanol plant, Europe's first carbon capture and utilisation (CCU) project. This historic milestone was achieved on 7 November 2023, at ArcelorMittal Belgium's Gent plant.

ArcelorMittal S.A.: ArcelorMittal announces the first industrial production of ethanol

15 November 2023, 08:00 CET The company is building an industrial-scale atomiser in Spain to produce high-quality steel powders for multiple additive manufacturing technologies  ArcelorMittal today announces its entry into the additive manufacturing (AdM) market as a steel powder supplier. The company is building an industrial-scale inert gas atomiser in Aviles, Spain, to produce steel powders for AdM technologies such as laser powder bed fusion (LPBF), binder jetting (BJ) and direct energy deposition (DED).

ArcelorMittal S.A.: ArcelorMittal enters the additive manufacturing industry as a steel powder supplier

ArcelorMittal (MT) Q3 earnings beat estimates amid fall in steel prices.

ArcelorMittal's (MT) Q3 Earnings Beat Estimates, Sales Miss

Braskem

Carlisle Companies

MT, BAK and CSL have been added to the Zacks Rank #5 (Strong Sell) List on November 10, 2023.

New Strong Sell Stocks for November 10th

Although the revenue and EPS for ArcelorMittal (MT) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

ArcelorMittal (MT) Reports Q3 Earnings: What Key Metrics Have to Say

Luxembourg, November 9, 20 23 - 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, 2023.

ArcelorMittal S.A.: ArcelorMittal reports third quarter 2023 results

6 November 2023, 14:10 CET ArcelorMittal today announces the publication of its third quarter 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.

ArcelorMittal S.A.: ArcelorMittal announces the publication of its third quarter 2023 sell-side analyst consensus figures

6 November 2023, 11:00 CET ArcelorMittal (the ‘Company') announces that on 31 October 2023 it received a shareholding notification from BlackRock, Inc. According to this notification, the following threshold of (potential) voting rights was reached: 5.72% on 30 October 2023. This notification is available in the Luxembourg Stock Exchange's OAM electronic database on www.bourse.lu and on the Company's website corporate.arcelormittal.com under ‘Investors - Corporate Governance - Shareholding structure'.

ArcelorMittal S.A.: Blackrock Inc. shareholding notification

Ethan Allen Interiors

Hormel Foods

MT, ETD and HRL have been added to the Zacks Rank #5 (Strong Sell) List on November 3, 2023.

New Strong Sell Stocks for November 3rd

28 October 2023, 10:20 CET ArcelorMittal can confirm that earlier on the 28th October, a tragic accident occurred at its Kostenco coal mine. As at this time, 25 of our employees are confirmed dead with a further 21 still missing.

Statement regarding tragic accident in Kazakhstan

Cass Information Systems

Heartland Express

MT, CASS and HTLD have been added to the Zacks Rank #5 (Strong Sell) List on October 27, 2023.

New Strong Sell Stocks for October 27th

Hertz

Tesla

MT, HTZ and TSLA have been added to the Zacks Rank #5 (Strong Sell) List on October 24, 2023.

New Strong Sell Stocks for October 24th

Novo Nordisk

Purple Innovation

NVO, MT and PRPL have been added to the Zacks Rank #5 (Strong Sell) List on October 11, 2023.

New Strong Sell Stocks for October 11th

As the second biggest steel manufacturer in the world, ArcelorMittal uses its scale and vertical integrations to grow their top- and bottom-line. Due to macroeconomic uncertainty and volatility in the steel market, steel investments in general require added caution. Due to its strong balance sheet, low debt and decent returns, ArcelorMittal is an undervalued steel buy.

ArcelorMittal's Intrinsic Value: A Value Investor's Delight

ArcelorMittal is a global powerhouse in the steel industry, with a market cap of over $21 billion. MT is well-positioned to capitalize on global trends, such as increased construction expenditures driving steel demand. The company has shown strong financial performance, with declining net debts, increasing shareholder value, and record-breaking earnings in 2021.

ArcelorMittal: A Solid Steel Play, That Simple

ArcelorMittal has declined by about 3% this year, underperforming the broader indices amid mixed performance of the steel sector.

What's New With ArcelorMittal Stock?

ArcelorMittal S.A.:   Blackrock Inc. shareholding notification

United States Steel

United Steel Workers (USW) International President Tom Conway on Wednesday called ArcelorMittal's bid consideration for U.S. Steel "foolish" and said the union wouldn't endorse any buyers other than Cleveland-Cliffs.

Steel union head calls ArcelorMittal bid for US Steel 'foolish'

Reuters reported Wednesday that ArcelorMittal was considering a bid for United States Steel. That has U.S. Steel shares on the move.

U.S. Steel Stock Is Surging. Another Bidder Could Appear.

ArcelorMittal SA MT is considering a potential offer for U.S. Steel Corp. X, Reuters reported Wednesday citing people familiar with the matter. That would be a third proposal for U.S. Steel, which has received offers from Cleveland-Cliffs Inc. CLF and privately held Esmark Inc. for more than $7 billion.

ArcelorMittal mulling over bid for U.S. Steel: report

ArcelorMittal SA , the world's second-largest steelmaker, is considering a potential offer for U.S. Steel Corp , people familiar with the matter said on Wednesday.

News for ArcelorMittal Stock (MT)