Tag Archives: ArcelorMittal

Bekaert’s formerly wholly-owned subsidiary in Sumaré (Brazil) integrated into BMB (Belgo Mineira Bekaert Artefatos de Arame Ltda) partnership

Kortrijk, Belgium, 22-Jun-2017 — /EuropaWire/ — Bekaert and ArcelorMittal have closed the transaction to integrate Bekaert’s formerly wholly-owned subsidiary in Sumaré (Brazil) into the BMB (Belgo Mineira Bekaert Artefatos de Arame Ltda) partnership. In line with the shareholding structure of the … Read the full press release

ArcelorMittal Q1 2017 Ebitda sell-side analysts’ consensus figure

LUXEMBOURG, 04-May-2017 — /EuropaWire/ — ArcelorMittal has today announced the publication of first quarter 2017 Ebitda sell-side analysts’ consensus figure. The consensus figures are based on analysts’ estimates recorded on an external web-based tool provided and managed by an independent … Read the full press release

Solvay, ArcelorMittal, Evonik and LafargeHolcim form new Low Carbon Technology Partnerships Initiative

Marrakech, 18-Nov-2016 — /EuropaWire/ — Solvay, ArcelorMittal, Evonik and LafargeHolcim today announce the formation of a new Low Carbon Technology Partnerships Initiative across the steel, cement and chemicals industries. This new partnership will look at the potential synergies that exist … Read the full press release

ArcelorMittal published its half-year report for the six-month period ended 30 June, 2016

LUXEMBOURG, 03-Aug-2016 — /EuropaWire/ — ArcelorMittal has today published its half-year report for the six-month period ended 30 June, 2016. The report published today is available on http://corporate.arcelormittal.com/ under Investors > Financial reports > Half-year reports, and on the electronic database … Read the full press release

ArcelorMittal Europe 2Q2016: significantly higher operating profit compared to 1Q

Luxembourg, 29-Jul-2016 — /EuropaWire/ — ArcelorMittal Europe has reported its second quarter 2016 results, with a €340m operating profit for the three months to 30 June 2016 – significantly higher than the €77m operating profit reported in the first quarter … Read the full press release

ArcelorMittal invites holders of the 4.625% Notes due 2017 and 4.50% Notes due 2018 to submit offers to sell them to the Company for cash

NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS, ANY STATE … Read the full press release

ArcelorMittal offers to purchase for cash any and all of its outstanding 6.125% Notes due 2018

Luxembourg, 12-Apr-2016 — /EuropaWire/ — ArcelorMittal (the “Company” or “ArcelorMittal”) announces the launch of its tender offer (the “Offer”) to purchase for cash any and all of its outstanding 6.125% Notes due 2018 (CUSIP 03938LAF1/ ISIN US03938LAF13; 03938LAD6/US03938LAD64; L0302DAN3/ USL0302DAN32) (the … Read the full press release

ArcelorMittal share capital now amounts to EUR 7,453,441,006.98 represented by 1,803,359,338 Shares

Luxembourg, 18-Jan-2016 — /EuropaWire/ — ArcelorMittal (the “Company”) announces the issue on 15 January 2016 of 137,967,116 new ordinary shares of the Company (the “New Shares”) upon conversion of the 88,182,131 outstanding 6% Mandatorily Convertible Subordinated Notes due 15 January 2016 … Read the full press release

ArcelorMittal announces the extension of the conversion date for the $1bn privately placed mandatory convertible bond

Luxembourg, 25-11-2015 — /EuropaWire/ — ArcelorMittal announces the extension of the conversion date for the $1bn privately placed mandatory convertible bond (MCB) issued on 28 December 2009 by one of its wholly-owned Luxembourg subsidiaries. This amendment to the MCB, which is mandatorily … Read the full press release

ArcelorMittal and the Steel Authority of India Limited (‘SAIL’) to set up automotive steel manufacturing facility under Joint Venture arrangement in India

Luxembourg, 25-5-2015 — /EuropaWire/ — ArcelorMittal, the world’s leading steel and mining company, and the Steel Authority of India Limited (‘SAIL’), India’s leading steel company, today, signed a Memorandum of Understanding (‘MoU’) to set up an automotive steel manufacturing facility under … Read the full press release

ArcelorMittal signed a US$6,000,000,000 Revolving Credit Facility to be used for general corporate purposes of ArcelorMittal group

Luxembourg, 5-5-2015 — /EuropaWire/ — On 30 April 2015, ArcelorMittal signed a US$6,000,000,000 Revolving Credit Facility (incorporating 3 and 5 year tranches) (the “Facility”). The Facility will replace the US$2,400,000,000 revolving credit facility agreement dated 6 May 2010 and the … Read the full press release

ArcelorMittal and Gerdau to sell their respective 50% interests in Gallatin Steel Company to Nucor Corporation for US$770m

Luxembourg and Porto Alegre, 17-9-2014 — /EuropaWire/ — ArcelorMittal and Gerdau jointly announced today that they have entered into a definitive transaction agreement to sell their respective 50% interests in Gallatin Steel Company (“Gallatin”) to Nucor Corporation for a total … Read the full press release

ArcelorMittal Europe announces €58 million operating profit for the first three months of 2014

ArcelorMittal Europe today announced results for the first quarter of 2014. Luxembourg,  9-5-2014 — /EuropaWire/ — The segment recorded an operating profit of €58 million for the first three months of 2014. This compares with an operating loss of €396 million in … Read the full press release

ArcelorMittal, Nippon Steel & Sumitomo Metal Corporation close the acquisition of ThyssenKrupp Steel USA

Luxembourg, 8-3-2014 — /EuropaWire/ — ArcelorMittal, together with Nippon Steel & Sumitomo Metal Corporation (“NSSMC”), today announces that it has completed the acquisition of ThyssenKrupp Steel USA (“TK Steel USA”), a steel processing plant in Calvert, Alabama, having received all necessary regulatory … Read the full press release

ArcelorMittal received US antitrust clearance for ThyssenKrupp Steel USA acquisition

Luxembourg, 5-2-2014 — /EuropaWire/ — ArcelorMittal today announces that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act (HSR) terminated on January 29, 2014 with respect to its acquisition, through a 50/50 joint venture with Nippon Steel & Sumitomo Metal Corporation, … Read the full press release

ArcelorMittal announced its financial calendar for 2014

Luxembourg, 20-12-2013 — /EuropaWire/ — ArcelorMittal today announces its financial calendar for 2014. Earnings results announcements: 7 February 2014 Earnings Release Q4 2013 + FY 2013 9 May 2014 Earnings Release Q1 2014 1 August 2014 Earnings Release Q2 2014 7 November … Read the full press release

ArcelorMittal Flat Carbon Europe reported 49% decreased operating loss in H1 2013 (€194M) compared to H1 2012 (€340M)

Luxembourg, 05-8-2013 — /EuropaWire/ — ArcelorMittal today announced results for its Flat Carbon Europe segment for Q2 2013. The segment recorded an operating loss of €151 million for Q2 2013 which excludes interest and tax costs. This includes restructuring costs totalling … Read the full press release

ArcelorMittal released its HY 2013 report, recasts its 2012 annual report on Form 20-F

Luxembourg, 05-8-2013 — /EuropaWire/ — ArcelorMittal has published today its Half-Year Report for the six month period ended 30 June, 2013 (“HY Report”). As a result of the adoption and early adoption of new IFRS accounting standards as of 1 January … Read the full press release