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.

12 March 2024, 22:00 CET ArcelorMittal (the ‘Company') today announces that it has signed a Share Purchase Agreement to acquire 65,243,206 shares, representing c.28.4% 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. Transaction closing is subject to regulatory approvals and is expected to close in the second half of the year.

ArcelorMittal S.A.: ArcelorMittal acquires strategic stake in Vallourec

ArcelorMittal is one of the most significant global players in the cyclical steel segment. I would characterize it, at the right price, as a must-own sort of investment. I consider the company to be cheap at this time, and view the company as a "BUY" with an attractive PT and upside. The company may need a few years to achieve its targets, but I have no doubt that this is what the company will manage.

ArcelorMittal: An Even Better Entry Point In Cyclical Steel

ArcelorMittal (MT) and Petrobras join forces to explore low-carbon solutions in Brazil, including a carbon capture hub.

ArcelorMittal (MT) and Petrobras Forge Low-Carbon Partnership

28 February 2024, 21:40 CET   ArcelorMittal has published its annual report for the year ended 31 December 2023. The report has been filed with the electronic database of the Luxembourg Stock Exchange (www.bourse.lu) and is available at http://corporate.arcelormittal.com > Financial reports ENDS About ArcelorMittal ArcelorMittal is the world's leading steel company, with a presence in 60 countries and primary steelmaking facilities in 16 countries.

ArcelorMittal S.A.: ArcelorMittal announces the publication of its 2023 annual report

28 February 2024, 20:55 CET ArcelorMittal has filed its Annual Report 2023 on Form 20-F with the U.S. Securities and Exchange Commission (SEC). The report is now available at http://corporate.arcelormittal.com > Financial reports.

ArcelorMittal S.A.: ArcelorMittal publishes its Annual Report 2023 on Form 20-F

Steel Dynamics

United States Steel

Steel demand is set to spike, and these top steel stocks are among those best positioned to capitalize on the opportunity—analysts at FitchRatings project steel demand to grow by as much as 30 million global tons. The same analysts expect improved margins across most major steelmaking countries (except China, in this case) and North American steel sectors to increase self-reliance and move away from national net import status.

3 Top Steel Stocks Providing Portfolio Strength

The EU Commission on Friday said it had approved 1.3 billion euros ($1.41 billion) in German state aid for steel producer ArcelorMittal to help it decarbonise part of its production processes.

EU approves German state aid to ArcelorMittal for decarbonisation

Cleveland-Cliffs

Nucor

Sustainability emerges as the defining trend for the future, with clean steel positioned as a key narrative. The surge in demand for steel post-coronavirus crisis, coupled with supply chain disruptions, catapulted steel prices to historic highs in late 2021.

First Movers: 3 Stocks at the Forefront of Clean Steel Technology

Steel prices are trading under pressure in 2024 with VanEck Steel ETF (NYSEARCA: SLX ) down about 4% year-to-date. This has promoted commodity investors to draw a list of stocks to avoid in this space.

3 Stocks to Avoid as Steel Prices Fall in 2024

20 February 2024, 17:30 CET Earlier today the Italian Government announced that it has placed Acciaierie d'Italia SpA (‘ADI') into extraordinary administration subsequent to the request of Invitalia, thereby passing control of the company from its current shareholders, ArcelorMittal and Invitalia, to government appointed commissioners. This ends ArcelorMittal's involvement in ADI, which started in 2018.

Statement re Acciaierie d'Italia being placed into extraordinary administration

ArcelorMittal's (MT) Q4 earnings beat expectations, while revenues fall short of the estimate due to a fall in average steel selling prices.

ArcelorMittal's (MT) Q4 Earnings Beat Estimates, Sales Miss

ArcelorMittal S.A. (MT) Q4 2023 Earnings Call Transcript

While the top- and bottom-line numbers for ArcelorMittal (MT) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, ArcelorMittal (MT) Q4 Earnings: A Look at Key Metrics

ArcelorMittal posted slightly better-than-expected underlying earnings for the fourth quarter despite a negative impact from the disposal of its Kazakh operations, and said it sees improving steel demand conditions in 2024.

ArcelorMittal Positive on Demand

Luxembourg, February 8 , 20 24 - 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, 2023.

ArcelorMittal S.A.: ArcelorMittal reports fourth quarter and full year 2023 results

ArcelorMittal Nippon Steel India (AM/NS India) is accelerating India's decarbonization with renewable energy adoption, circular economy initiatives and innovative technology investments.

ArcelorMittal (MT) & Nippon Steel Lead Decarbonization in India

5 February 2024, 22:15 CET ArcelorMittal (‘the Company') today announces the publication of its fourth quarter and full year 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 announces the publication of its fourth quarter and full year 2023 sell-side analyst consensus figures

Evaluate the expected performance of ArcelorMittal (MT) for the quarter ended December 2023, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Seeking Clues to ArcelorMittal (MT) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics

ArcelorMittal (MT) and Vestas launch low carbon-emissions steel for wind turbines, with Baltic Power leading the sustainable initiative.

ArcelorMittal (MT) and Vestas Team Up for Low-Carbon Steel

16 January 2024 A low carbon-emissions steel production partnership between Vestas and ArcelorMittal will make its first delivery of XCarb® recycled and renewably produced heavy plate steel to an offshore wind farm, built by Baltic Power in Poland Vestas, the energy industry's global partner on sustainable energy solutions, has established a partnership with ArcelorMittal to launch a low carbon-emissions steel offering that significantly reduces the lifetime carbon dioxide emissions from the production of wind turbine towers. The low carbon-emissions steel is produced using 100% steel scrap which is melted in an electric arc furnace powered by 100% wind energy at the ArcelorMittal steel mill, Industeel Charleroi, in Belgium.

ArcelorMittal S.A.: Vestas introduces ArcelorMittal's low carbon-emissions steel offering for wind turbine

ArcelorMittal (MT) plans to restart its Bosnia plant after a November shutdown due to declining steel demand in Europe, influenced by the Ukraine war and rising costs.

ArcelorMittal (MT) to Restart Bosnia Plant After Two-Month Halt

ArcelorMittal (MT) rejects the Italian government's proposal to acquire a controlling stake in ADI, a major steel plant, citing reluctance to commit financially, sparking concerns over the future of the financially troubled ex-Ilva plant in Taranto.

ArcelorMittal (MT) Rejects Italy Government's Stake Plan in ADI

The Ministry of Railways of India is an important partner in this Hyperloop technology development initiative of ArcelorMittal (MT) with IIT Madras.

ArcelorMittal (MT) Partners IIT Madras for Hyperloop Facility

22 December 2023, 08:00 CET ArcelorMittal (‘the Company') today announces that it has engaged dss + , a leading provider of sustainable operations management consulting services, to conduct a company-wide audit of its safety practices. Alongside the publication of its third quarter financial results on 9 November 2023, the Company said it would commission a comprehensive independent third-party safety audit of its operations to identify gaps and strengthen its safety actions, processes and culture to help prevent serious accidents.

ArcelorMittal engages dss+ to conduct group-wide safety audit

ArcelorMittal's (MT) Torero plant in Belgium converts waste wood into bio-coal, reducing annual carbon emissions by 112,500 tons.

News for ArcelorMittal Stock (MT)