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ArcelorMittal (MT)

NYSE - Nasdaq Real-time price. Currency in USD
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12.42-0.01 (-0.09%)
As of 1:17PM EDT. Market open.
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Trade prices are not sourced from all markets
Previous close12.43
Open12.57
Bid12.40 x 1100
Ask12.41 x 3200
Day's range12.28 - 12.64
52-week range6.64 - 18.89
Volume1,990,269
Avg. volume4,331,520
Market cap13.523B
Beta (5Y monthly)2.11
PE ratio (TTM)N/A
EPS (TTM)-3.94
Earnings date21 Feb 2017 - 27 Feb 2017
Forward dividend & yieldN/A (N/A)
Ex-dividend date16 May 2019
1y target est17.38
  • GlobeNewswire

    BlackRock Inc. shareholding notification

    27 August 2020, 13:00 CETArcelorMittal (‘the Company’) announces that BlackRock Inc. has notified it of a decrease in its voting rights in ArcelorMittal from 5.04% to 4.98% as based on an amended form submitted on 25 August 2020. The notification is available in the Luxembourg Stock Exchange’s electronic database OAM on www.bourse.lu and on http://corporate.arcelormittal.com under ‘Investors - Corporate Governance - Shareholding structure’.This notification was published in reference to the Luxembourg law and the Grand Ducal regulation of 11 January 2008, on transparency requirements for issuers of securities as amended by the law.ENDS About ArcelorMittal ArcelorMittal is the world's leading steel and mining company, with a presence in 60 countries and an industrial footprint in 18 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. Through our core values of sustainability, quality and leadership, we operate responsibly with respect to the health, safety and wellbeing of our employees, contractors and the communities in which we operate. For us, steel is the fabric of life, as it is at the heart of the modern world from railways to cars and washing machines. We are actively researching and producing steel-based technologies and solutions that make many of the products and components people use in their everyday lives more energy efficient. We are one of the world’s five largest producers of iron ore and metallurgical coal. With a geographically diversified portfolio of iron ore and coal assets, we are strategically positioned to serve our network of steel plants and the external global market. While our steel operations are important customers, our supply to the external market is increasing as we grow. In 2019, ArcelorMittal had revenues of $70.6 billion and crude steel production of 89.8 million metric tonnes, while own iron ore production reached 57.1 million metric tonnes.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). For more information about ArcelorMittal please visit: http://corporate.arcelormittal.com/    Contact information ArcelorMittal Investor Relations     Europe+44 20 7543 1156 Americas+1 312 899 3985 Retail+44 20 7543 1156 SRI+44 20 7543 1156 Bonds/Credit+33 171 921 026       Contact information ArcelorMittal Corporate Communications    E-mail:  press@arcelormittal.com Phone:+442076297988       ArcelorMittal Communications    Paul Weigh  +44 20 3214 2419

  • ArcelorMittal Announces Plan to Build EAF at AM/NS Calvert
    Zacks

    ArcelorMittal Announces Plan to Build EAF at AM/NS Calvert

    Per ArcelorMittal (MT), an electric arc furnace at Calvert allows asset to be more reactive to the local market.

  • GlobeNewswire

    ArcelorMittal announces intention to build an EAF at AM/NS Calvert

    ArcelorMittal announces intention to build an EAF at AM/NS Calvert Today, ArcelorMittal announced its intention to build an Electric Arc Furnace (EAF) steel making facility at AM/NS Calvert. Once completed the planned facility will be capable of producing 1.5Mt of steel slabs for the Hot Strip Mill and producing a broad spectrum of steel grades required for Calvert’s end user markets. Construction is expected to take 24 months and the new facility is anticipated to create 300 additional jobs in the community.Commenting, Mr. Lakshmi Mittal, Chairman and CEO of ArcelorMittal said: “An electric arc furnace at Calvert makes strategic sense as it allows our asset to be more reactive to the local market as well as being in line with the USMCA. Furthermore, it aligns with our ambition of producing smarter steels for a better world.”Commenting, Brad Davey, CEO, ArcelorMittal North America said: “The addition of an EAF at AM/NS Calvert presents a transformational opportunity for what is already widely considered to be the world’s most advanced steel finishing facility. This is a logical next step in optimizing AM/NS Calvert’s supply chain. Enhancing our already highly competitive lead times with short lead-time flexibility, combined with our existing world class facilities will give AM/NS Calvert a decisive competitive advantage. In addition, the USMCA trade agreement is a “game changer” for former NAFTA and as a result, future steel supply chains for the automotive markets will be required to use steel that was created within North America. A new EAF at AM/NS Calvert will further secure ArcelorMittal’s leadership in the North American Automotive market.”AM/NS Calvert is the world’s most advanced steel finishing facility and further demonstrates the highly successful partnership between ArcelorMittal and Nippon Steel Corporation. AM/NS Calvert was originally built by Thyssenkrupp, with a total investment cost ~$4B USD and was acquired by ArcelorMittal and NSC as a 50:50 JV in 2014. The J/V has already invested more than $200M USD in strategic projects invested in Calvert since its acquisition. These capabilities, geographic location in combination with the new EAF will position the facility well for meeting automotive and energy market demand well into the future. ENDSAbout ArcelorMittalArcelorMittal is the world's leading steel and mining company, with a presence in 60 countries and primary steelmaking facilities in 18 countries. In 2019, ArcelorMittal had revenues of $70.6 billion and crude steel production of 89.8 million metric tonnes, while iron ore production reached 57.1 million metric tonnes. Our goal is to help build a better world with smarter steels. 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 electric vehicles and 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. This is what we believe it takes to be the steel company of the future. 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). For more information about ArcelorMittal please visit: http://corporate.arcelormittal.com/     Contact information ArcelorMittal Investor Relations       General +44 20 7543 1128 Retail +44 20 3214 2893 SRI +44 20 3214 2801 Bonds/Credit +33 171 921 026         Contact information ArcelorMittal Corporate Communications     E-mail:   press@arcelormittal.com Paul Weigh: +44 20 3214 2419         Contact information ArcelorMittal North America         E-mail:   William.Steers@arcelormittal.com Bill Steers +1 312 899 3817