ArcelorMittal announces the publication of its Annual Report 2025 on Form 20 F and the publication of its 2025 annual report
MWN-AI** Summary
ArcelorMittal, a leading global steel and mining company, has published its Annual Report for 2025 on Form 20-F with the U.S. Securities and Exchange Commission, as well as its comprehensive annual report for the fiscal year ending December 31, 2025. The documents, which detail financial statements and operational highlights, are available on the company’s corporate website and for shareholders upon request in hard copy.
Key highlights from ArcelorMittal's fiscal year 2025 include significant improvements in safety metrics, attributed to the first year of a three-year transformation program. Financially, the company maintained a balanced capital allocation, investing $1.1 billion strategically, while returning $0.7 billion to shareholders through dividends and share buybacks. The company's strengthened balance sheet earned upgrades in credit ratings from Moody’s and S&P to Baa2 stable and BBB stable, respectively.
In iron ore operations, ArcelorMittal achieved a 72% self-sufficiency rate, up from 58% the previous year, as it ramps up its Liberia expansion project. The company is also actively investing in renewable energy, targeting the installation of 2.8 GW of high-quality renewable assets by 2028, alongside expanding Electric Arc Furnace (EAF) capacity and automotive electrical steel production.
Moreover, ArcelorMittal remains committed to research and development, allocating $335 million in 2025 across various initiatives including decarbonization technologies. The firm plans to increase its dividend for fiscal year 2026 to $0.60 per share, reflecting its robust financial performance and commitment to shareholder returns.
Additionally, a significant shareholder is engaging in a structured share buyback program, aligning with existing agreements that govern ownership stakes following the merger of Mittal Steel and Arcelor. The company’s business strategy emphasizes sustainable growth and innovation in steel production.
MWN-AI** Analysis
ArcelorMittal's recent publication of its Annual Report for 2025 highlights significant progress across numerous operational and financial metrics, positioning it as a resilient player within the steel and mining industry. Key takeaways from the report demonstrate ArcelorMittal's commitment to safety, capital discipline, and sustainability, making it a potential investment opportunity.
The company achieved a notable improvement in safety KPIs as part of its three-year transformation program, which is essential for securing workforce stability and reducing operational risks. From a financial standpoint, ArcelorMittal’s disciplined capital allocation, including a $1.1 billion strategic capital expenditure and a $0.7 billion return to shareholders, reflects a balanced approach to growth and shareholder value. The upgraded credit ratings from Moody's and S&P enhance its financial standing, indicating investor confidence.
ArcelorMittal's efforts to increase iron ore self-sufficiency to 72% and its significant reserves position it competitively in the raw materials market. Additionally, the planned expansion in renewable energy assets and electric arc furnace capacity underlines the company’s strategic positioning during the ongoing energy transition.
Moreover, the forthcoming increase in the dividend to $0.60 per share signals a robust cash flow and proactive shareholder return policy, appealing to income-focused investors.
Given the significant shareholder participation in the share buyback program, market sentiment appears positive, which may stabilize or enhance stock prices in the near term. The technology investment in R&D for decarbonization and digital advancements further suggests that ArcelorMittal is gearing up for sustainable growth.
In summary, investors looking for exposure in the industrial sector may find ArcelorMittal’s current valuation and robust strategic initiatives appealing as the company continues to strengthen its market position. However, potential investors should monitor market conditions and global steel demand trends closely before making investment decisions.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
6 March 2026, 23:55 CET
ArcelorMittal has today filed its Annual Report 2025 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 will send a hard copy of the Form 20-F Annual Report for 2025, which includes the audited financial statements, to shareholders free of charge upon request.
ArcelorMittal also has published its annual report for the year ended 31 December 2025. 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
Highlights of FY 2025 include:
- Safety: in the first year of our three-year transformation program, the Company saw tangible progress across all safety KPIs in 2025, including a significant improvement in fatality prevention
- Capital allocation: The Company maintained a disciplined and balanced capital allocation, investing $1.1?bn in strategic capex and returning $0.7bn to shareholders ($0.4bn in dividends and $0.3bn?in share buybacks). Balance sheet strength was reflected in the credit rating upgrades by both Moody’s (to Baa2 stable) and S&P (to BBB stable) in 2025
- Enhanced iron ore vertical integration: ArcelorMittal is among the largest iron ore producers in the world with total iron ore reserves of c. 3.7bn tonnes. Iron ore self-sufficiency increased to 72% in 2025 (up from 58% in 2024) and is expected to increase further as the Liberia expansion project to 20Mtpa ramps up
- Actively enabling energy transition: Targeted investments in high-quality renewable assets (2.8?GW by 2028), expanding EAF capacity by 3.4?Mt by end-2026, and growing automotive electrical steel production (0.4Mt NOES by 2028) supporting margins, returns on capital employed, and long-term sustainable growth
- Industry leading R&D: ArcelorMittal’s global R&D footprint spans 14 sites in 9 countries, with $335?million spent in 2025 demonstrating sustained commitment to advance steel, mining, decarbonisation technologies and AI-enhanced digital models
- Capital returns: The Board has proposed a FY 2026 dividend of $0.60/share, up from $0.55/share in 2025 and double the 2021 level. In addition, per its defined capital return policy, the Company will continue to return a minimum of 50% of post-dividend free cash flow to shareholders through share buybacks.
- Significant Shareholder participation in the share buyback program announced on 7 April 2025 (the “Program”)*: The Significant Shareholder, having attained a shareholding position nearing the 45% threshold set under the 2006 Memorandum of Understanding** (entered into in connection with the merger of Mittal Steel and Arcelor, primarily to ensure a robust free float), has on 5 March 2026 entered into a share repurchase agreement to sell shares to ArcelorMittal during the Program, in the proportion to the Significant Shareholder’s current stake (44.6% of issued shares less shares held in treasury). Shares repurchased from the Significant Shareholder will be made at the same average price as the shares purchased by the Company under the Program on the relevant trading day in the open market.
*For further details, please refer to the press release dated 7 April 2025 announcing the commencement of a new share buyback program over the period 2025-2030: ArcelorMittal announces the commencement of a new share buyback program over the period 2025-2030 | ArcelorMittal
** Please refer to the section ‘Additional information—Material contracts—Memorandum of Understanding’ in the Form 20-F/Annual Report for a description of the standstill provision in the 2006 Memorandum of Understanding.
ENDS
About ArcelorMittal
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ArcelorMittal is one of the world’s leading integrated steel and mining companies with a presence in 60 countries and primary steelmaking operations in 14 countries. It is the largest steel producer in Europe, among the largest in the Americas, and has a growing presence in Asia through its joint venture AM/NS India. ArcelorMittal sells its products to a diverse range of customers including the automotive, engineering, construction and machinery industries, and in 2024 generated revenues of $62.4 billion, produced 57.9 million metric tonnes of crude steel and 42.4 million tonnes of iron ore. Our purpose is to produce smarter steels for people and planet. Steels made using innovative processes which use less energy, emit significantly less carbon and reduce costs. Steels that are cleaner, stronger and reusable. Steels for the renewable energy infrastructure that will support societies as they transform through this century. With steel at our core, our inventive people and an entrepreneurial culture at heart, we will support the world in making that change.
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ArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MT), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS).
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http://corporate.arcelormittal.com/?
| ArcelorMittal Investor Relations contact information | |
| General | +44 20 7543 1128 |
| Retail | +44 20 3214 2893 |
| Bonds/Credit | +33 171 921 026 |
| Bonds/Credit | +33 171 921 026 |
| ArcelorMittal Corporate Communications contact information | |
| Paul Weigh | |
| Tel: | +44 20 3214 2419 |
| press@arcelormittal.com |
FAQ**
How do the financial results in the Annual Report 2025 for ArcelorMittal AMSYF compare to previous years, particularly in terms of revenue and net income?
What specific safety improvements were achieved in 2025, and how do they reflect on ArcelorMittal AMSYF’s commitment to employee welfare?
How will the planned expansion of EAF capacity by ArcelorMittal AMSYF impact its operational efficiency and environmental goals moving forward?
What strategies does ArcelorMittal AMSYF have in place to maintain its credit rating upgrades by Moody’s and S&P, and how will these affect future capital allocations?
**MWN-AI FAQ is based on asking OpenAI questions about Arcelor Mittal NY Registry Shares NEW (NYSE: MT).
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