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MT News and Press, Arcelor Mittal NY Registry Shares NEW From 08/26/22

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Company Name: Arcelor Mittal NY Registry Shares NEW
Stock Symbol: MT
Market: NYSE
Website: arcelormittal.com

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MT - ArcelorMittal Nippon to buy some Essar assets in $2.4B deal

ArcelorMittal's ( NYSE: MT ) India joint venture with Nippon Steel said on Friday it agreed to acquire certain infrastructure assets from Essar Group for $2.4B, as it seeks to strengthen its steelmaking business in the country. ArcelorMittal Nippon Steel ( MT ) said ...

MT - ArcelorMittal sees Brazil steel demand doubling within a decade

Brazil's steel consumption should double within the next 10 years due to "gigantic opportunities" from the need to build more infrastructure, ArcelorMittal's ( NYSE: MT ) top executive in the country told Bloomberg on Wednesday. Steel demand potentially will grow du...

MT - Industrial Production & Economic Growth Increasing Metal Ore Mining Demand & Profitability

Palm Beach, FL – August 18, 2022 – FinancialNewsMedia.com News Commentary – Non-ferrous metals are alloys or metals that do not contain any appreciable amounts of iron. All pure metals are non-ferrous elements, except for iron (Fe), which is also called ferr...

MT - ArcelorMittal S.A. 2022 Q2 - Results - Earnings Call Presentation

The following slide deck was published by ArcelorMittal S.A. in conjunction with their 2022 Q2 earnings call. For further details see: ArcelorMittal S.A. 2022 Q2 - Results - Earnings Call Presentation

MT - ArcelorMittal: A Strong Balance Sheet Allows For Opportunistic M&A

ArcelorMittal is one of the largest steel producers in the world, and was printing cash the past few quarters. The balance sheet is "safe" now with a low net debt position. This allowed Arcelor to go shop. It's planning to acquire a Brazilian steel producer for $2.2B (subject to a...

MT - ArcelorMittal announces publication of its 2022 half-year report

29 July 202 2 , 19:30 CET ArcelorMittal (the ‘Company) has today published its half-year report for the six-month period ended 30 June 2022. The report is available on http://corporate.arcelormittal.com/ under Investors > Financial reports >...

MT - ArcelorMittal commences a new ~$1.4B share buyback program

After reporting mixed Q2 results on Thursday, ArcelorMittal ( NYSE: MT ) announces a new share buyback program of 60,431,380 shares in the amount of approximately $1.4B, bringing the total 2022 buybacks announced so far to approximately $3.4B. The program is expec...

MT - ArcelorMittal announces the commencement of a new share buyback program of 60,431,380 shares for 2022-20

2 9 July 2022, 11 :00 CET Following publication of the second quarter 2022 and half year 2022 results press release dated 28 July 2022 (the “ER Press Release”) 1 , ArcelorMittal announces a new share buyback program of 60,431,380 shares in...

MT - ArcelorMittal to acquire CSP in Brazil for ~$2.2B

ArcelorMittal ( NYSE: MT ) has signed an agreement with the shareholders of Companhia Siderúrgica do Pecém to acquire CSP for an enterprise value of approximately $2.2B. Transaction is expected to close by late 2022, subject to approvals. CSP is producing high-qu...

MT - ArcelorMittal S.A. GAAP EPS of $4.25 misses by $0.05, revenue of $22.14B beats by $390M, announces buyback

ArcelorMittal S.A. press release ( NYSE: MT ): Q2 GAAP EPS of $4.25 misses by $0.05 . Revenue of $22.14B (+14.5% Y/Y) beats by $390M . Sales in 2Q 2022 were +14.5% higher as compared to 2Q 2021 primarily due to higher average steel selling prices (+30.8%) offse...

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