|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||15.56 - 16.10|
|52 Week Range||11.20 - 21.77|
|Beta (3Y Monthly)||2.36|
|PE Ratio (TTM)||26.26|
|Forward Dividend & Yield||0.18 (1.14%)|
|1y Target Est||N/A|
4 December 2019, 13:00 CET ArcelorMittal today announces its financial calendar for 2020. Earnings results announcements: 6 February 2020: Q4 and full year 20197 May 2020:.
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 OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA) OR TO ANY U.S. PERSON (AS DEFINED BELOW) OR IN ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THE INVITATION FOR OFFERS. Luxembourg, 29 November 2019 – 10:15 CET – ArcelorMittal (“ArcelorMittal” or the “Company”) announces the commencement of an invitation (subject to offer restrictions) to holders of the bonds (the “Bondholders”) set forth in the table below (the “Bonds”) to submit offers to sell (each such offer, an “Offer to Sell”) any and all of the Bonds to the Company for cash (the “Invitation”).
ArcelorMittal confirms that it has given notice that it will redeem all of the outstanding 5.500% Notes due March 1, 2021 (CUSIP: 03938LAU8; ISIN: US03938LAU89) (the “5.500% Notes”) on December 27, 2019 (the “Redemption Date”). Following prior tender offers, the current outstanding principal amount of the 5.500% Notes is U.S.$756,095,000 (original issuance of U.S.$1,500,000,000). The 5.500% Notes shall be redeemed at a price equal to the greater of (1) 100% of the principal amount of the Notes to be redeemed and (2) the sum of the present values of the Remaining Scheduled Payments (as defined in the Indenture) of the Notes to be redeemed, discounted to the date of redemption on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate (as defined in the indenture dated as of May 20, 2009, as supplemented by the fourth supplemental indenture dated as of March 7, 2011, each between the Company and HSBC Bank USA, National Association) plus 35 basis points (the “Redemption Price”), in each case plus accrued and unpaid interest thereon to the Redemption Date.
ArcelorMittal today announces plans to roll out a new sustainability programme across Europe, aiming to secure ResponsibleSteel site certification for all its ArcelorMittal Europe - Flat Products sites. The 12-month programme will enable each site to prove that our production processes meet rigorously defined standards across a broad range of social, environmental and governance criteria.
ArcelorMittal announces the issuance of €750,000,000 1.000 per cent. notes due 19 May 2023 (the “2023 Notes”) and €750,000,000 1.750 per cent. notes due 19 November 2025 (the “2025 Notes” and together with the 2023 Notes, the “Notes”). The issuance closed today. The Notes were issued under ArcelorMittal’s €10,000,000,000 wholesale Euro Medium Term Notes Programme.
18 November 2019 08:00 CET ArcelorMittal announces that, following receipt and review of the formal written order, ArcelorMittal India Private Limited’s (‘AMIPL’) resolution.
Luxembourg, November 7, 2019 - ArcelorMittal (referred to as “ArcelorMittal” or the “Company”) (MT (New York, Amsterdam, Paris, Luxembourg), MTS (Madrid)), the world’s leading.
Today, AM InvestCo Italy (‘the Company’) sent to Ilva’s Commissioners a notice to withdraw from, or terminate, the agreement (‘the Agreement’) for the lease and subsequent conditional purchase of the business of Ilva S.p.A. and certain of its subsidiaries (‘Ilva’), closed on 31 October 2018. The Agreement stipulates that, in the event that a new law affects the environmental plan for the Taranto plant so as to materially impair the ability to operate it or to implement its industrial plan, the Company has a contractual right to withdraw from the Agreement. Effective on 3 November 2019, the Italian Parliament has removed the legal protection necessary for the Company to implement its environmental plan without the risk of criminal liability, thus justifying the withdrawal notice.
30 October 2019, 16:30 CET ArcelorMittal today announces the publication of its third quarter 2019 EBITDA sell-side analysts’ consensus figures. The consensus figures are.
ArcelorMittal notes the publication today on the Italian Official Journal of a decree law adopted by the Italian Government. This decree law amends the so-called Crescita decree law which had removed legal protection pending the implementation of the environmental plan for the Taranto plant. Following its publication, the decree law comes into immediate force, although its permanence is subject to ratification by the Italian Parliament within 60 days. As a result of this development, ArcelorMittal Italia will continue operations beyond 6 September whilst continuing to monitor legal, regulatory and operational developments in relation to the Taranto plant closely in view of its continued viability.
2 August 2019, 19:30 CET- ArcelorMittal has today published its half-year report for the six-month period ended 30 June 2019. The report is available on http://corporate.arcelormittal.com/ under Investors Financial reports Half-year reports, and on the electronic database of the Luxembourg Stock Exchange (www.bourse.lu/). The report has also been filed on Form 6-K with the U.S. Securities and Exchange Commission (SEC) and is available on http://corporate.arcelormittal.com/ under Investors Financial reports SEC filings.
Luxembourg, August 1, 2019 - ArcelorMittal (referred to as “ArcelorMittal” or the “Company”) (MT (New York, Amsterdam, Paris, Luxembourg), MTS (Madrid)), the world’s leading.
Following prior tender offers, there is currently the following outstanding principal amount of 5.125% Notes and 5.250% Notes, respectively: U.S.$324,229,000 (original issuance of U.S.$500,000,000) and U.S.$625,630,000 (original issuance of U.S.$1,000,000,000). The 5.250% Notes shall be redeemed at a price equal to the greater of (1) 100% of the principal amount of the Notes to be redeemed and (2) the sum of the present values of the Remaining Scheduled Payments (as defined in the Indenture) of the Notes to be redeemed, discounted to the date of redemption on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate (as defined in the indenture dated as of May 20, 2009, as supplemented by the third supplemental indenture dated as of August 5, 2010, each between the Company and HSBC Bank USA, National Association) plus 40 basis points (the “5.250% Redemption Price”), in each case plus accrued and unpaid interest thereon to the Redemption Date.
19 July 2019 16.30 CET - ArcelorMittal today announces the publication of its second quarter 2019 EBITDA sell-side analysts’ consensus figures. The consensus figures are.
Luxembourg, July 12, 2019 08:00 CET – ArcelorMittal (“the Company” or "the Issuer") completed yesterday the pricing of its offering of US$750 million aggregate principal amount of its 3.600% notes due 2024 (the “Series 2024 Notes”) and US$500 million aggregate principal amount of its 4.250% notes due 2029 (the “Series 2029 Notes”). The proceeds to ArcelorMittal (before expenses), amounting to approximately $1.2 billion, will be used for general corporate purposes including future repayment of existing indebtedness and to partially pre-fund commitments under the Essar acquisition financing facility.
Luxembourg, July 11, 2019 16:45 CET – ArcelorMittal (the “Company” or the “Issuer") announced today that it has launched an offering of USD-denominated notes. This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor will there be any sale of securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
ArcelorMittal announces the completion of an issuance of €250 million of its 2.250% notes due 17 January 2024 (the “Notes”), which will be consolidated and form a single series with the existing €750 million 2.250 per cent. notes due 17 January 2024, originally issued on 17 January 2019. At the time of pricing the “tap” issuance, the yield to maturity (representing the actual annual cost of the issuance for ArcelorMittal) was 0.984%. The issuance closed today.
ArcelorMittal (’the Company’) has today filed its 2018 report on Payments to Governments in respect of Extractive Activities, which provides a consolidated overview of payments made by the Company and its subsidiaries in 2018 to governments regarding its mining operations. ArcelorMittal is the world's leading steel and mining company, with a presence in 60 countries and an industrial footprint in 19 countries. Guided by a philosophy to produce safe, sustainable steel, we are the leading supplier of quality steel in the major global steel markets including automotive, construction, household appliances and packaging, with world-class research and development and outstanding distribution networks.
24 June 2019 – Following a two-day members’ meeting last week, hosted by ArcelorMittal at the ArcelorMittal Orbit at the Olympic Park in Stratford, East London, version four of the new draft ResponsibleSteel™ certification standard has been reviewed by members with formal market launch of the standard now expected towards the end of the year. ResponsibleSteel™ is the steel industry’s first, multi-stakeholder certification initiative that aims to set a single, global standard for the entire ‘mine-to-metal’ steel value chain. The multi-stakeholder initiative, of which ArcelorMittal was a founding member and has played a leading role in developing, was first established in 2015.
ArcelorMittal confirms that its Italian subsidiary (ArcelorMittal Italia “AMI”) has highlighted to the Italian government its concerns about the current text of the Crescita law decree. If ratified as currently drafted, the provision concerning the Taranto plant would impair any operator’s ability to operate the plant while implementing the environmental plan approved by the Italian Government in September 2017, including for ArcelorMittal. The Taranto plant has been under seizure since 2012 and cannot be operated without legal protection until the environmental plan is implemented.
Further to the announcement made on 6 May, ArcelorMittal today announces its decision to take additional steps to adjust its European production levels to further align its production to the current market demand. The company continues to be impacted by weak market demand and high import levels in Europe.
29 May 2019, 08:00 CET - ArcelorMittal (‘the Company’) has today published its first Climate Action report in which it announces its ambition to significantly reduce CO2 emissions globally and be carbon neutral in Europe by 2050. To achieve this goal the Company is building a strategic roadmap linked to the evolution of public policy and developments in low-emissions steelmaking technologies. A target to 2030 will be launched in 2020, replacing the Company’s current target of an 8% carbon footprint reduction by 2020, against a 2007 baseline.
Luxembourg, May 9, 2019 - ArcelorMittal (referred to as “ArcelorMittal” or the “Company”) (MT (New York, Amsterdam, Paris, Luxembourg), MTS (Madrid)), the world’s leading.
7 May 2019, 14:45 CET - The Annual General Meeting of shareholders of ArcelorMittal held today in Luxembourg approved all resolutions by a strong majority. 69.77% of the voting rights were represented at the general meeting. The results of the votes will be posted shortly on www.arcelormittal.com under "Investors Equity Investors Shareholders’ meetings Annual General Meeting of shareholders, 7 May 2019" where the full documentation regarding the general meeting is available.
ArcelorMittal today announces its intention to temporarily idle production at its steelmaking facilities in Kraków, Poland and reduce production in Asturias, Spain. In Kraków, the primary production (blast furnace and steel plant) will be temporarily idled.