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 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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), and Mining. 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.

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.

Exclusive: ArcelorMittal weighs possible bid for US Steel -sources

The decrease in sales of ArcelorMittal (MT) is primarily due to lower average steel selling prices and lower steel shipments in Q2.

ArcelorMittal's (MT) Q2 Earnings Beat Estimates, Sales Miss

ArcelorMittal S.A.: ArcelorMittal announces publication of its 2023 half-year report

The headline numbers for ArcelorMittal (MT) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

ArcelorMittal (MT) Reports Q2 Earnings: What Key Metrics Have to Say

Luxembourg, Ju ly 27, 20 23 - ArcelorMittal (referred to as “ArcelorMittal” or the “Company”) (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, 2023.

ArcelorMittal reports second quarter 2023 and half year 2023 results

TORONTO, July 18, 2023 (GLOBE NEWSWIRE) -- CHAR Technologies Ltd. (“CHAR” or the “Company”) (TSXV:YES), a leader in sustainable energy solutions, is pleased to invite investors and other interested parties to attend an upcoming webinar featuring Andrew White, CEO of CHAR Technologies and Irina Gorbounova, ArcelorMittal's VP of Mergers & Acquisitions and Head of ArcelorMittal's XCarb® Innovation Fund. The discussion will focus on ArcelorMittal's recent investment in CHAR and their strategic partnership.

CHAR Technologies Investor “Fireside Chat” with ArcelorMittal on July 19th: Strategic Partnership Discussion

ArcelorMittal announces the publication of its second quarter 2023 sell-side analyst consensus figures

ArcelorMittal S.A. has seen growth in steel consumption, leading to increased revenues and earnings, and has bought back a significant amount of shares, reducing shares outstanding by around 12% YoY. The company's Q1 2023 results showed a recovery in steel shipments and volumes, growing 12.7% QoQ, and a QoQ EPS increase from $0.3 in Q4 2022 to $1.28 in Q1 2023. ArcelorMittal is rated a buy due to its strong financial state, aggressive share buybacks are happening to boost investors' value.

ArcelorMittal S.A.: Attractive Price Point To Get In At Right Now

ArcelorMittal together with the Indian Institute of Technology Madras (IIT Madras) will identify, support and mentor start-ups focused on the most promising industrial decarbonisation technologies in India

ArcelorMittal launches XCarb™ Innovation Fund Accelerator Programme for breakthrough climate tech start-ups in India

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is ArcelorMittal (MT) Stock Undervalued Right Now?

Strategic partnerships established with runners up Carbon Upcycling and D-CRBN

ArcelorMittal announces results of its XCarb™ Innovation Fund Accelerator Programme and invests $5 million in CHAR Technologies

TORONTO, July 05, 2023 (GLOBE NEWSWIRE) -- CHAR Technologies Ltd. (“CHAR” or the “Company”) (TSXV:YES), a leader in sustainable energy solutions, is thrilled to announce that the Company has closed a C$6.6M strategic investment by world's leading steel and mining company, ArcelorMittal S.A., through ArcelorMittal XCarb S.à r.l‎. (“ArcelorMittal”) and ArcelorMittal's XCarb® Innovation Fund (the “Fund”). With a presence in 60 countries and primary steelmaking facilities in 16 countries, including ArcelorMittal Dofasco in Hamilton, Ontario, ArcelorMittal generated revenues of US$79.8 billion in 2022.

CHAR Technologies Announces C$6.6M Strategic Investment by ArcelorMittal and Annual Biocarbon Purchase Agreement

29 June 202 3 , 18 :00 CET ArcelorMittal ('the Company') has today filed its 2022 Payments to Governments in respect of Extractive Industries report, which provides a consolidated overview of payments made by the Company and its subsidiaries in 2022 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.

ArcelorMittal S.A.: ArcelorMittal publishes its 2022 Payments to Governments in respect of Extractive Industries report

ArcelorMittal (MT) and Snop forge a sustainable partnership to reduce carbon emissions in automotive steel production using innovative XCarb solutions.

ArcelorMittal (MT) and Snop Join Forces to Drive Decarbonization

The new electric furnace by ArcelorMittal (MT) in Belval will be installed this year, with commissioning in 2025.

ArcelorMittal (MT) Invests in New EAF to Drive Decarbonization

ArcelorMittal benefited from the improved steel market conditions to deliver strong results in Q1 2023. With the CSP acquisition and two furnaces coming online in Europe, the company is strongly positioned for profitability improvement in the challenging second quarter. The valuation discount compared to U.S. peers expanded, which opens a 2x fundamental potential for MT stock.

ArcelorMittal: Executing Properly On Market Profile Normalization

ArcelorMittal (MT) collaborates with John Cockerill to develop Volteron, an industrial-scale low-temperature iron electrolysis plant aimed at reducing carbon emissions in steel production.

ArcelorMittal (MT) & John Cockerill Team Up for Volteron Plant

The Steelanol facility by ArcelorMittal (MT) and LanzaTech boasts an annual capacity of 80 million liters of advanced ethanol.

ArcelorMittal (MT) & LanzaTech Begin Production in CCU Facility

Vol teron ™ plant targeted to start-up in 2027

ArcelorMittal and John Cockerill announce plans to develop world's first industrial scale low temperature, iron electrolysis plant

ArcelorMittal, the second-largest steel manufacturing company globally, has achieved a Q1 EBITDA of $1.82bn and booked ~$1.1bn in net income, driven by its value creation strategy of decarbonization, strategic growth, and capital returns to shareholders. Despite underperforming in the steel industry, MT's strong financials and undervaluation make it a 'buy' recommendation, with a fair value of $30.37, according to a discounted cash flow analysis. Risks and challenges for MT include input cost volatility, rising interest rates diminishing demand, and logistical or geopolitical risks affecting its international presence.

Global Infrastructure Theme Is Manifested By ArcelorMittal

XCarb RRP steel by ArcelorMittal (MT) is produced through the Electric Arc Furnace technique. It contains recycled content and does not use carbon offsets to achieve lower carbon intensity.

News for ArcelorMittal Stock (MT)