arcelormittal Archive

ArcelorMittal announces new management team in Italy

13 September 2017 – ArcelorMittal today announces that Matthieu Jehl, vice president, ArcelorMittal, will be appointed chairman and chief executive officer of AM Investco Italy Srl (‘AM Investco’), effective 1 December 2017. Additionally, Samuele Pasi has been appointed general manager of ArcelorMittal, and chief financial officer of AM Investco and head of institutional relationships, Italy,

ArcelorMittal reports second quarter 2017 and half year 2017 results

Luxembourg, July 27, 2017 – 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 results[1] for the three month and six month periods ended June 30, 2017. Highlights: Health and safety: LTIF rate of 0.72x in 2Q 2017;

ArcelorMittal publishes its 2016 Report on Payments to Governments in respect of Extractive Activities

27 June 2017 – ArcelorMittal (’the Company’) has today filed its 2016 report on Payments to Governments in respect of Extractive Activities, which provides a consolidated overview of payments made by the Company and its subsidiaries in 2016 to governments regarding its mining operations. The report, which complies with new reporting requirements under Luxembourg law,

ArcelorMittal led consortium reaches agreement regarding Ilva lease and purchase agreement

16 June 2017 – ArcelorMittal (‘the Company’) and Marcegaglia announce that AM Investco Italy Srl (‘AM Investco’) has concluded the exclusive negotiation phase and reached a binding agreement concerning the lease and obligation to purchase Ilva S.p.A and its subsidiaries with the Italian Government. The ancillary documentation will be completed by 30 June. Intesa Sanpaolo

ArcelorMittal announces completion of Reverse Stock Split – ArcelorMittal 

ArcelorMittal announces completion of Reverse Stock Split ArcelorMittal announces completion of the Reverse Stock Split approved by the Extraordinary General Meeting of shareholders held on 10 May 2017 Luxembourg, 22 May 2017 – Following the approval of the Reverse Stock Split (as defined below) by the extraordinary general meeting of shareholders of ArcelorMittal held on

ArcelorMittal reports results for the first quarter 2017

Results – ArcelorMittal  Luxembourg, May 12, 2017 – 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 results[1] for the three month period ended March 31, 2017. Highlights: Health and safety: LTIF rate of 0.80x in 1Q 2017

ArcelorMittal and Marcegaglia submit offer for Ilva – ArcelorMittal 

Investment commitments of over €2.3 billion in addition to the purchase price Intention to produce 9.5 million tonnes of finished products Commitment to build research and development centre in Taranto Commitment to implement new low-carbon steel-making technologies Letter of intent to join consortium signed with Banca Intesa SanPaolo   6 March 2017 –  ArcelorMittal and

Wilbur Ross resigns from the ArcelorMittal Board as a consequence of his confirmation as US Commerce Secretary

1 March 2017 – ArcelorMittal’s Board of Directors has taken note of Mr. Wilbur Ross’ resignation from the Board as a consequence of his confirmation as US Secretary of Commerce. The Board congratulates Mr. Ross on his new role. Commenting, Mr. Lakshmi N. Mittal, Chairman & CEO, ArcelorMittal, said: “I’ve known Wilbur for more than

ArcelorMittal reports fourth quarter 2016 and full year 2016 results

Luxembourg, February 10, 2017 – 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 results[1] for the three and twelve month periods ended December 31, 2016. Highlights: Health and safety performance was stable in FY 2016 as compared

ArcelorMittal announces the publication of full-year 2016 Ebitda sell-side analyst consensus figures

Luxembourg, 27 January 2017 – ArcelorMittal has today announced the publication of sell-side analysts’ consensus figures for full-year 2016 Ebitda. The consensus figures are based on analysts’ estimates recorded on an external web-based tool provided and managed by an independent company, Vuma Financial Services Limited (trade name: Vuma Consensus). To arrive at the consensus figures