Tag «arcelormittal»

ArcelorMittal announces the publication of sell-side analysts’ Ebitda consensus figures for third quarter 2014

23 October 2014 – The consensus figures are based on analyst estimates recorded on an external web- based tool to be provided and managed by an independent company called Vuma Financial Services Limited (trade name: Vuma Consensus). To arrive at the consensus figures below, VUMA have aggregated the expectations of sell-side analysts who, to the best …

ArcelorMittal and Gerdau complete sale of Gallatin Steel

Luxembourg and Porto Alegre, 8 October 2014 Further to the previous announcement made on 15 September 2014, ArcelorMittal and Gerdau jointly announced today that they have completed the sale of their respective 50% interests in Gallatin Steel Company (“Gallatin”) to Nucor Corporation. The sale was completed for a total cash consideration of US$770m. Gallatin is …

2014 worldsteel Safety and Health Excellence Recognition

Moscow, 08 October 2014 – worldsteel has recognised six excellent safety and health programmes from ArcelorMittal, Celsa, Essar Steel, Gerdau, Tata Steel and Ternium. Joon-Yang Chung, worldsteel’s Chairman for 2013/2014, said: “Communication is vital to create a safer working environment which is the main purpose of this recognition. The companies recognised this year not only …

World Steel Association elects new officers and welcomes new members

Moscow, 08 October 2014 – The Board of Directors of the World Steel Association (worldsteel) has elected the following new officers for 2014/2015 at worldsteel’s 48th Annual Conference in Moscow, Russia. The new Chairman takes office from today, Wednesday 8th October, 2014. The new officers are elected for one year, until October 2015. Chairman:                      Wolfgang …

ArcelorMittal statement on operations in Liberia

Luxembourg, 8 August 2014 – ArcelorMittal is currently mining and shipping 5 million tonnes of iron ore a year in Liberia from its operations in Yekepa and Buchanan (described as phase 1). The company is also working on an expansion project (described as phase 2) that will see shipments rise to 15 million tonnes of …

ArcelorMittal announces publication of its Half-Year Report 2014 and Recast of its 2013 Annual Report on Form 20-F

Luxembourg, 5 August 2014 – ArcelorMittal has published today its Half-Year Report for the six month period ended 30 June, 2014 (“HY Report”). As a result of the announcement on 11 December 2013 of changes to its organisational structure, ArcelorMittal has modified the structure of its segment information. The HY Report contains recast financial information …

ArcelorMittal reports second quarter 2014 and half year 2014 results

Luxembourg, August 1, 2014 – 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 six month periods ended June 30, 2014. Highlights: Health and safety: LTIF rate[2] of 0.87x in 2Q 2014 as compared to …

ArcelorMittal announces the publication of sell-side analysts’ consensus figures for second quarter 2014

The consensus figures are based on analyst estimates recorded on an external web-based tool provided and managed by an independent company called Vuma Financial Services Limited (trade name: Vuma Consensus). To arrive at the consensus figures below, VUMA have aggregated the expectations of sell-side analysts who, to the best of our knowledge, cover ArcelorMittal on …

ArcelorMittal completes the sale of ATIC stake

Luxembourg, 30 June 2014 – ArcelorMittal today announces that it has completed the sale of ArcelorMittal’s 78% stake in European port handling and logistics company ATIC Services S.A. (“ATIC”) to HES Beheer, having received all necessary regulatory approvals. The transaction was completed for an agreed price of EUR 155.4 million. The sale is consistent with …