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MT - ArcelorMittal
-1.31(-4.49%)6:00:01 PM 11/26/2021
ArcelorMittal, together with its subsidiaries, owns and operates steel manufacturing and mining facilities in Europe, North and South America, Asia, and Africa. The company's principal steel products include semi-finished flat products, such as slabs; finished flat products comprising plates, hot- and cold-rolled coils and sheets, hot-dipped and electro-galvanized coils and sheets, and tinplate and color coated coils and sheets; semi-finished long products, such as blooms and billets; finished long products, including bars, wire-rods, structural sections, rails, sheet piles, and wire-products; and seamless and welded pipes and tubes. Its principal mining products comprise iron ore lumps, fines, concentrates, pellets, and sinter feeds; and coking and thermal coal, and pulverized coal injections. The company sells its products to various customers in the automotive, appliance, engineering, construction, energy, and machinery industries through a centralized marketing organization, as well as distributors. It has iron ore mining activities in Brazil, Bosnia, Canada, Kazakhstan, Liberia, Mexico, Ukraine, and the United States; and coal mining activities in Kazakhstan and the United States. The company was founded in 1976 and is headquartered in Luxembourg City, Luxembourg.
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    Designated person notification

    23 November 2021, 12:00 CET With reference to Article 19(3) of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulations), ArcelorMittal announces that a notification of a share transaction by a Designated Person (i.e. Directors or Executive Officers) is available in the Luxembourg Stock Exchange’s electronic database OAM on and on ArcelorMittal’s web site und

    ArcelorMittal announces closing of its fourth share buyback program and the launch of a fifth US$1 billion share buyback program

    17 November 2021, 14:15 CET ArcelorMittal (the ‘Company’) today announces that it has completed the fourth share buyback program announced on 29 July 2021 under the authorization given by the annual general meeting of shareholders of 8 June 2021 (the ‘2021 AGM Authorization’). By market close on 16 November 2021, ArcelorMittal had repurchased 67,404,066 shares for a total value of €1,881,270,528.80 (equivalent to US$2,199,999,614.74) at an approximate average price per share of €27.9103. All det

    ArcelorMittal (MT) is a Top-Ranked Value Stock: Should You Buy?

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    ArcelorMittal's (MT) Q3 Earnings Top Estimates, Sales Lag

    ArcelorMittal (MT) benefits from a strong steel pricing environment in the third quarter, resulting in the highest net income since 2008.

    Société Générale SA shareholding notification

    12 November 2021, 13:00 CET ArcelorMittal (the “Company”) announces that on 10 November 2021 it received two shareholding notifications from Société Générale SA. The notification were made to reflect Société Générale SA’s entry into various financial instruments (as detailed in the notification). According to the notifications, the following thresholds of (potential) voting rights were reached: - 4.97% on 05 November 2021, and - 5.68% on 08 November 2021. These notifications are available in the

    Chinese Steel Demand Will Contract This Year, ArcelorMittal Says

    (Bloomberg) -- ArcelorMittal SA warned that Chinese steel demand will contract this year due to headwinds facing the real estate sector, in the latest sign of the widening fallout from the China Evergrande Group’s crisis.Most Read from BloombergWhy Hong Kong Is Building Apartments the Size of Parking SpacesFarmers Take on ‘Post-Apocalyptic’ Food CrisisGreece’s Popular Islands Are Crowded — With PlasticDo Prisons Deserve a Second Chance?China dominates global steel markets as the largest producer

    ArcelorMittal increases share buy-back programme by $1 billion

    ArcelorMittal, the world's largest steelmaker, said on Thursday it was increasing its share buyback programme by another $1 billion after reporting its strongest quarter in more than a decade. Arcelor said it expects global steel demand to grow by between 12% and 13% this year excluding China, where real demand has weakened. It now expects a slight contraction in Chinese steel demand in 2021, citing the country's real estate sector.