Tag Archives: ArcelorMittal

VELUX Partners with ArcelorMittal to Reduce Carbon Footprint with Low-Emission Steel

(IN BRIEF) The VELUX Group has signed a 10-year agreement with ArcelorMittal to supply low-carbon XCarb® steel for its roof windows, reducing the carbon footprint of steel used in its products bym up to 70%. This collaboration follows successful tests … Read the full press release

ArcelorMittal to Acquire Nippon Steel’s Stake in AM/NS Calvert Following US Steel Deal

(IN BRIEF) ArcelorMittal has entered into an agreement to purchase Nippon Steel Corporation’s 50% stake in the AM/NS Calvert Joint Venture, contingent upon NSC’s successful acquisition of US Steel. As part of the deal, NSC will inject approximately $0.9 billion … Read the full press release

ArcelorMittal Reveals Key Findings from Comprehensive Workplace Safety Audit Conducted by dss+

(IN BRIEF) ArcelorMittal has released the findings from a comprehensive workplace safety audit conducted by dss+, which was commissioned to enhance the company’s safety performance. Over nine months, the audit assessed operations globally, focusing on fatality prevention, process safety management, … Read the full press release

ArcelorMittal Unveils AM/NS India’s Expansion Plans to Meet India’s Surging Steel Demand

(IN BRIEF) ArcelorMittal recently hosted an investor day at AM/NS India’s flagship steel plant in Hazira, Gujarat, to showcase its significant progress and future growth plans. AM/NS India, a joint venture between ArcelorMittal and Nippon Steel, aims to expand its … Read the full press release

ArcelorMittal Acquires 28.4% Stake in Vallourec for €955 Million, Strengthens Board Representation

(IN BRIEF) ArcelorMittal has completed the acquisition of a 28.4% equity interest in Vallourec from Apollo Global Management for approximately €955 million. Following the acquisition, ArcelorMittal executives will join Vallourec’s board. ArcelorMittal does not plan to launch a tender offer … Read the full press release

Paris 2024 Unveils Stunning Design for Olympic and Paralympic Torch Relay Cauldron by Mathieu Lehanneur

(IN BRIEF) Paris 2024, in anticipation of the Torch Relay’s arrival in Marseille on 8 May, reveals the striking design of the Olympic and Paralympic Torch Relay cauldron, crafted by renowned designer Mathieu Lehanneur and manufactured by ArcelorMittal. The cauldron, … Read the full press release

ArcelorMittal Releases 1Q 2024 Analyst Consensus Figures and 2023 Factbook

(IN BRIEF) ArcelorMittal has published its first-quarter 2024 sell-side analyst consensus figures, revealing estimates for EBITDA, net income, and earnings per share. These figures, compiled by Visible Alpha based on the assessments of sell-side analysts, provide insights into the company’s … Read the full press release

ArcelorMittal Sets Date for Annual General Meeting and Updates on Board Committee Chair

(IN BRIEF) ArcelorMittal, a major steel company based in Luxembourg, has announced the date for its Annual General Meeting of shareholders, scheduled for April 30, 2024, at 3 p.m. CET. Shareholders eligible to vote will be determined based on their … Read the full press release

ArcelorMittal Refines Segment Reporting and EBITDA Definition for Enhanced Clarity

(IN BRIEF) ArcelorMittal, in line with its fourth-quarter 2023 financial results, has made significant amendments to its segment reporting and EBITDA definition effective from January 1, 2024. Key changes include redefining EBITDA to encompass operating result, depreciation, impairments, exceptional items, … Read the full press release

ArcelorMittal Appoints Kleber Silva as CEO of Mining Division, Bids Farewell to Stefan Buys

(IN BRIEF) ArcelorMittal, a global leader in steel and mining, has named Kleber Silva as the Executive Vice President and Chief Executive Officer of its mining division, effective April 8, 2024. Kleber, who brings 35 years of extensive experience in … Read the full press release

Vestas Reports Strong Performance in 2023, Eyes Robust Growth for 2024

(IN BRIEF) For the year 2023, Vestas achieved revenue of EUR 15,382m (outlook: EUR 14.5-15.5bn), with an EBIT margin before special items of 1.5 percent (outlook: 0-2 percent), and total investments1 of EUR 823m (outlook: approx. EUR 0.8bn). The value of the … Read the full press release

Global Steel Giant ArcelorMittal Engages dss+ for Company-Wide Safety Audit

(IN BRIEF) ArcelorMittal, a prominent global steel and mining company, has announced its collaboration with dss+, a leading sustainable operations management consulting service, to conduct a comprehensive safety audit across the company. The decision to undertake this company-wide audit aligns … Read the full press release

ArcelorMittal Completes Sale of Kazakh Steel and Mining Operation to Qazaqstan Investment Corporation

(IN BRIEF) ArcelorMittal has successfully concluded the sale of its Kazakh steel and mining operation, ArcelorMittal Temirtau, to the Qazaqstan Investment Corporation (QIC), a state-controlled direct investment fund. The transaction involves a total consideration of $986 million, comprising $286 million … Read the full press release

ArcelorMittal to Pioneer Sustainable Steel Powder Production for Additive Manufacturing

(IN BRIEF) ArcelorMittal, a global steel industry leader, is entering the additive manufacturing (AdM) market as a supplier of high-quality steel powders. The company is constructing an industrial-scale atomizer in Spain, with production scheduled to begin in January 2024. This … Read the full press release

ANDRITZ’s Advanced Rolling Mill to Boost ArcelorMittal’s E-Mobility Initiatives

(IN BRIEF) ANDRITZ, a leading international technology group, has secured a major contract from ArcelorMittal in France to provide a cutting-edge reversible 6-high cold-rolling mill for processing high-grade non-oriented silicon steel strip (NGO) used in electric motors for e-mobility. This … Read the full press release

ArcelorMittal Invests $5 Million in CHAR Technologies as Winner of XCarb™ Accelerator Programme

(IN BRIEF) ArcelorMittal, a global steel company, has chosen CHAR Technologies as the winner of its XCarb™ Accelerator Programme. CHAR Technologies, based in Ontario, Canada, has developed a high temperature pyrolysis technology that converts organic waste into valuable energy outputs. … Read the full press release

ArcelorMittal shareholders approve dividend and board member re-elections

(IN BRIEF) ArcelorMittal’s Annual General Meeting and Extraordinary General Meeting have been held, with over 75% of voting rights represented. The meetings approved the distribution of a dividend of US$0.44 per share and re-elected Lakshmi N. Mittal, Aditya Mittal, and … Read the full press release

ArcelorMittal Brasil faz parceria com Casa dos Ventos para projeto de energia eólica de 554 MW na Bahia

(NOTÍCIA EM BREVE) ArcelorMittal Brasil fez parceria com a produtora de energia renovável Casa dos Ventos para desenvolver um projeto de energia eólica de 554 MW na Bahia, Brasil. A ArcelorMittal terá 55% de participação na joint venture e a … Read the full press release

ArcelorMittal Brazil partners with Casa dos Ventos for 554 MW wind power project in Bahia

(IN BRIEF) ArcelorMittal Brazil has partnered with renewable energy producer Casa dos Ventos to develop a 554 MW wind power project in Bahia, Brazil. ArcelorMittal will hold a 55% stake in the joint venture, with Casa dos Ventos holding the … Read the full press release

Joint Venture von ArcelorMittal mit Nippon Steel sichert sich 5-Milliarden-Dollar-Darlehen für Expansion in Indien

(IN KÜRZE) ArcelorMittal hat bekannt gegeben, dass AMNS Luxembourg Holding S.A., die Muttergesellschaft ihres Joint Ventures zur Stahlerzeugung mit der Nippon Steel Corporation in Indien, einen Kreditvertrag über 5 Milliarden US-Dollar mit mehreren Banken, darunter der Japan Bank for International … Read the full press release

ArcelorMittal’s Joint Venture with Nippon Steel Secures $5 Billion Loan for India Expansion

(IN BRIEF) ArcelorMittal has announced that AMNS Luxembourg Holding S.A., the parent company of its steelmaking joint venture with Nippon Steel Corporation in India, has secured a $5 billion loan agreement with several banks including the Japan Bank for International … Read the full press release

JBIC ermöglicht Partnerschaft mit ArcelorMittal zur Unterstützung japanischer Unternehmen in der Stahlindustrie

(IN KÜRZE) ArcelorMittal und die Japan Bank for International Cooperation (JBIC) haben am 30. März 2023 eine Absichtserklärung unterzeichnet, um ihre Partnerschaft in der Stahlindustrie und den Bemühungen zur Dekarbonisierung zu stärken. Diese Vereinbarung baut auf ihrer bestehenden Beziehung auf, … Read the full press release

JBIC Facilitates Partnership with ArcelorMittal to Support Japanese Companies in Steelmaking Industry

(IN BRIEF) ArcelorMittal and the Japan Bank for International Cooperation (JBIC) signed an MOU on March 30, 2023, to strengthen their partnership in the steelmaking industry and decarbonization efforts. This agreement builds on their existing relationship, which includes JBIC’s financing … Read the full press release

Stahlgigant ArcelorMittal führt 120-Millionen-Dollar-Spendenrunde für die MOE-Plattform von Boston Metal an

(IN KÜRZE) Das Stahlunternehmen ArcelorMittal hat im Rahmen einer 120-Millionen-Dollar-Finanzierungsrunde der Serie C 36 Millionen US-Dollar in Boston Metal investiert. Die Investition ist die bisher größte Einzelinvestition des Unternehmens über seinen XCarb® Innovation Fund, der auf Technologien abzielt, die das … Read the full press release

Steel Giant ArcelorMittal Leads $120 Million Fundraising Round for Boston Metal’s MOE Platform

(IN BRIEF) ArcelorMittal, the steel company, has invested $36 million in Boston Metal as part of a $120 million Series C fundraising round. The investment is the largest single initial investment to date by the company through its XCarb® Innovation … Read the full press release

ArcelorMittal acquisition of 80 percent in voestalpine’s state-of-the-art HBI facility in Texas now completed

(PRESS RELEASE) LUXEMBOURG, 1-Jul-2022 — /EuropaWire/ — ArcelorMittal SA (AMS: MT), the world’s leading steel and mining company, has announced the completion of the acquisition of the majority shareholding (80%) of the world-class Hot Briquetted Iron (HBI) plant located in … Read the full press release

Finaliza la adquisición por parte de ArcelorMittal del 80 % de las instalaciones HBI de última generación de Voestalpine en Texas

(COMUNICADO DE PRENSA) LUXEMBOURG, 1-Jul-2022 — /EuropaWire/ — ArcelorMittal SA (AMS: MT), la principal siderúrgica y minera del mundo, ha anunciado la finalización de la adquisición de la participación mayoritaria (80 %) de la planta de clase mundial Hot Briquetted … Read the full press release

Stephanie Werner-Dietz to succeed Bart Wille as ArcelorMittal’s Executive Vice President and global head of HR

(PRESS RELEASE) LUXEMBOURG, 24-May-2022 — /EuropaWire/ — ArcelorMittal SA (AMS: MT), the world’s leading steel and mining company, has announced that Stephanie Werner-Dietz will succeed Bart Wille as the company’s Executive Vice President and global head of HR, in effect … Read the full press release

Stephanie Werner-Dietz sucederá a Bart Wille como vicepresidenta ejecutiva y directora global de recursos humanos de ArcelorMittal

(COMUNICADO DE PRENSA) LUXEMBOURG, 24-May-2022 — /EuropaWire/ — ArcelorMittal SA (AMS: MT), la principal empresa siderúrgica y minera del mundo, ha anunciado que Stephanie Werner-Dietz sucederá a Bart Wille como directora Vicepresidente Ejecutivo de la empresa y responsable global de … Read the full press release

ArcelorMittal now majority owner of voestalpine’s world-class Hot Briquetted Iron (HBI) plant in Corpus Christi, Texas

(PRESS RELEASE) LUXEMBOURG, 14-Apr-2022 — /EuropaWire/ — ArcelorMittal SA (AMS: MT), the world’s leading steel and mining company, has announced the acquisition of the majority shareholding (80%) of the world-class Hot Briquetted Iron (HBI) plant located in Corpus Christi, Texas … Read the full press release

ArcelorMittal est désormais actionnaire majoritaire de l’usine de classe mondiale Hot Briquetted Iron (HBI) de voestalpine à Corpus Christi, au Texas

(COMMUNIQUÉ DE PRESSE) LUXEMBOURG, 14-Apr-2022 — /EuropaWire/ — ArcelorMittal SA (AMS : MT), leader mondial de la sidérurgie et des mines, a annoncé l’acquisition de la participation majoritaire (80 %) de l’usine de fer briqueté à chaud (HBI) de classe mondiale située … Read the full press release

ArcelorMittal wird seine Jahreshauptversammlung und außerordentliche Hauptversammlung der Aktionäre am Mittwoch, den 4. Mai 2022 ohne physische Anwesenheit abhalten

(PRESSEMITTEILUNG) LUXEMBOURG, 4-Apr-2022 — /EuropaWire/ — ArcelorMittal SA (AMS: MT), das weltweit führende Stahl- und Bergbauunternehmen, hat angekündigt, dass die Jahreshauptversammlung und die außerordentliche Hauptversammlung der Aktionäre am Mittwoch, den 4. Mai 2022 um 15.00 Uhr MEZ ohne physische Präsenz … Read the full press release

ArcelorMittal to hold its Annual General Meeting and Extraordinary General Meeting of shareholders on Wednesday 4 May 2022 with no physical presence

(PRESS RELEASE) LUXEMBOURG, 4-Apr-2022 — /EuropaWire/ — ArcelorMittal SA (AMS: MT), the world’s leading steel and mining company, has announced that the company’s Annual General Meeting and Extraordinary General Meeting of shareholders will be held on Wednesday 4 May 2022 … Read the full press release

ANDRITZ to deliver galvanizing furnace for new coating line for the production of 3rd-generation Advanced High Strength Steel in China

(PRESS RELEASE) GRAZ, 26-Jul-2021 — /EuropaWire/ — ANDRITZ, Graz, Austria-based international technology group active in the supplies of plants, equipment, systems and services across multiple industries, has announced it has received an order from Valin ArcelorMittal Automotive Steel Co., Ltd., … Read the full press release

Results of ArcelorMittal Offer to Purchase for Cash Any and All of its 6.125% Notes due 2025

(PRESS RELEASE) LUXEMBOURG, 14-Oct-2020 — /EuropaWire/ — ArcelorMittal SA (AMS: MT), the world’s leading steel and mining company, has announced the results of its offer to purchase for cash any and all of its 6.125% Notes due 2025. On October … Read the full press release

ArcelorMittal to repurchase its own shares for US$500 million between 28 September 2020 and 31 March 2021

(PRESS RELEASE) LUXEMBOURG, 28-Sep-2020 — /EuropaWire/ — Multinational steel manufacturing corporation, ArcelorMittal announces a share buyback program (the ‘Program’) under the authorization given by the annual general meeting of shareholders held on June 13, 2020 (the ‘AGM Authorization’). For the … Read the full press release

ArcelorMittal divests 100% of the shares of ArcelorMittal USA to Cleveland-Cliffs

(PRESS RELEASE) LUXEMBOURG, 28-Sep-2020 — /EuropaWire/ — Multinational steel manufacturing corporation, ArcelorMittal announces a definitive agreement (the “Agreement”) with Cleveland-Cliffs Inc. (“Cleveland-Cliffs”) for the divestiture of 100% of the shares of ArcelorMittal USA to Cleveland-Cliffs for a combination of cash … Read the full press release

Mit der Eröffnung eines neuen Büros in Spanien stärkt IN-GRY seine Präsenz in Europa

MONTREAL, 15. Juni 2018 — /EuropaWire/ — IN-RGY, das in Quebec ansässige, auf die Transformation von Organisationen, den Einsatz von Lösungen für Human Resources und die intelligente Automatisierung von Aufgaben und Prozessen mittels robotergesteuerter Prozessautomatisierung (RPA) spezialisierte Unternehmen, gibt die … Read the full press release

Con la inauguración de una nueva sede en España, IN-RGY reforzará su presencia en Europa

MONTRÉAL, 15 de junio de 2018 — /EuropaWire/ — IN-RGY, la empresa oriunda de Quebec especializada en transformación organizativa, implementación de Soluciones de Capital humano y automatización inteligente de tareas y procesos a través de robótica (RPA su sigla en inglés) … Read the full press release

ArcelorMittal: merger clearance by the European Commission for AM Investco Italy Srl’s proposed acquisition of Ilva S.p.A

LUXEMBOURG, 08-May-2018 — /EuropaWire/ — ArcelorMittal (‘the Company’) announces that it has been granted merger clearance by the European Commission (‘EC’ or ‘the Commission’) for AM Investco Italy Srl (AM Investco)’s proposed acquisition of Ilva S.p.A (Ilva). EC merger clearance … Read the full press release