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ArcelorMittal SA (MT.AS)

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Latest Key Developments (Source: Significant Developments)

Aino Health: ArcelorMittal Extends And Expands With Aino Health Germany
Tuesday, 16 Apr 2019 

April 16 (Reuters) - Aino Health Ab (Publ) ::REG-AINO HEALTH AB (PUBL): ARCELORMITTAL EXTENDS AND EXPANDS WITH AINO HEALTH.ARCELORMITTAL TO EXPAND USE OF SAAS SOLUTION AINO HEALTHMANAGER TO YET ANOTHER OF ITS OPERATIONS IN GERMANY..  Full Article

ArcelorMittal Says Co Hopes To Complete Essar Transaction "As Soon As Possible"
Friday, 8 Mar 2019 

March 8 (Reuters) - ArcelorMittal SA ::"WE WELCOME TODAY'S PRONOUNCEMENT BY THE NCLT AHMEDABAD".HOPE TO COMPLETE ESSAR TRANSACTION AS SOON AS POSSIBLE.  Full Article

ArcelorMittal Announces Pricing Of Bond Issue
Thursday, 7 Mar 2019 

March 7 (Reuters) - ARCELORMITTAL SA ::ANNOUNCES PRICING OF BOND ISSUE.ARCELORMITTAL SA - PROCEEDS TO ARCELORMITTAL (BEFORE EXPENSES), AMOUNTING TO APPROXIMATELY $745 MILLION, WILL BE APPLIED TOWARDS REPAYMENT OF EXISTING DEBT.ARCELORMITTAL SA - OFFERING IS SCHEDULED TO CLOSE ON MARCH 11, 2019, SUBJECT TO SATISFACTION OF CUSTOMARY CONDITIONS.  Full Article

ArcelorMittal Q4 EBITDA Beats Reuters Poll
Thursday, 7 Feb 2019 

Feb 7 (Reuters) - ARCELORMITTAL SA ::REG-ARCELORMITTAL REPORTS FOURTH QUARTER 2018 AND FULL YEAR 2018 RESULTS.FY 2018 OPERATING INCOME OF $6.5BN (+20.3% YOY); OPERATING INCOME OF $1.0BN IN 4Q 2018 (-15.6% YOY).FY 2018 STEEL SHIPMENTS OF 83.9MT (-1.6% YOY).FY 2018 EBITDA OF $10.3BN (+22.1% YOY); EBITDA OF $2.0BN IN 4Q 2018 (-8.9% YOY).FY 2018 NET INCOME OF $5.1BN, +12.7% HIGHER AS COMPARED TO $4.6BN FOR FY 2017.FY 2018 CRUDE STEEL PRODUCTION OF 92.5MT (-0.6% YOY).ARCELORMITTAL EXPECTS GLOBAL STEEL DEMAND TO SLIGHTLY EXPAND IN FY 2019 AS COMPARED TO FY 2018.FY 2018 CRUDE STEEL PRODUCTION OF 92.5MT (-0.6% YOY); 4Q 2018 CRUDE STEEL PRODUCTION OF 22.8MT (STABLE YOY).Q4 REUTERS POLL: STEEL SHIPMENTS 21.5 MT.Q4 REUTERS POLL: SALES $18.31 BILLION; EBITDA $1.93 BILLION; OPERATING INCOME $1.21 BILLION.FY 2018 IRON ORE SHIPMENTS OF 58.3MT (+0.7% YOY), OF WHICH 37.6MT SHIPPED AT MARKET PRICES (+5.5% YOY); 4Q 2018 IRON ORE SHIPMENTS OF 15.7MT (+9.8% YOY).Q4 REUTERS POLL: NET INCOME ATTRIBUTABLE TO EQUITY HOLDERS OF THE PARENT $685 MILLION.EXPECTS CERTAIN CASH NEEDS OF THE BUSINESS (INCLUDING CAPEX, INTEREST, CASH TAXES, PENSIONS AND CERTAIN OTHER CASH COSTS BUT EXCLUDING WORKING CAPITAL CHANGES) TO INCREASE IN 2019 TO APPROXIMATELY $6.4BN.GROSS DEBT OF $12.6BN AS OF DECEMBER 31, 2018..DID NOT PERFORM AT AN OPTIMUM LEVEL OPERATIONALLY IN 2018 AND WILL SEEK TO MINIMIZE OPERATIONAL DISRUPTION THIS YEAR TO ENSURE WE MEET OUR VOLUME TARGETS.  Full Article

Arcelormittal Announces Share Buyback Program
Thursday, 7 Feb 2019 

Feb 7 (Reuters) - ArcelorMittal SA ::ANNOUNCES A SHARE BUYBACK PROGRAM.SHARES ACQUIRED UNDER PROGRAM ARE INTENDED TO MEET ARCELORMITTAL'S OBLIGATIONS ARISING FROM EMPLOYEE SHARE PROGRAMS.TO REPURCHASE BETWEEN 11 FEBRUARY 2019 AND 31 DECEMBER 2019 UP TO 4 MILLION SHARES FOR AN AGGREGATE MAXIMUM AMOUNT OF US$113.424 MILLION.  Full Article

ArcelorMittal: Hope For Swift Resolution To Essar Steel's Debt Plan Post Debt Tribunal Ruling
Tuesday, 29 Jan 2019 

Jan 29 (Reuters) - :ARCELORMITTAL SAYS HOPE FOR SWIFT RESOLUTION TO ESSAR STEEL'S DEBT PLAN POST DEBT TRIBUNAL RULING - STATEMENT.ARCELORMITTAL: INDIA DEBT TRIBUNAL'S RULING ON ESSAR STEEL POSITIVE FOR COUNTRY'S BANKRUPTCY RESOLUTION PROCESS.  Full Article

Arcelormittal Signs $5,500,000,000 Billion Revolving Credit Facility
Thursday, 20 Dec 2018 

Dec 20 (Reuters) - ARCELORMITTAL SA ::REG-ARCELORMITTAL SIGNS US$5,500,000,000 REVOLVING CREDIT FACILITY.US$5,500,000,000 REVOLVING CREDIT FACILITY ( "FACILITY"), WITH A FIVE-YEAR MATURITY PLUS TWO ONE-YEAR EXTENSION OPTIONS..FACILITY WILL REPLACE US$5,500,000,000 REVOLVING CREDIT FACILITY AGREEMENT SIGNED 30 APRIL 2015.FACILITY GIVES ARCELORMITTAL IMPROVED TERMS OVER FORMER FACILITY, EXTENDS AVERAGE MATURITY DATE BY APPROXIMATELY THREE YEARS.  Full Article

ArcelorMittal Says Does Not Want To Restart Liquid Steel Production In Florange
Monday, 17 Dec 2018 

Dec 17 (Reuters) - ARCELORMITTAL SA ::CONFIRMS NOT WANTING TO RESTART PRODUCTION OF LIQUID STEEL AT FLORANGE SITE.ADDITIONAL INVESTMENT OF 22 MILLION EUROS TO ENLARGE SECOND GALVANIZING LINE DEDICATED TO AUTOMOBILE.  Full Article

The United Steelworkers Says Steelworkers Ratify Agreements With Arcelormittal
Thursday, 29 Nov 2018 

Nov 29 (Reuters) - The United Steelworkers::STEELWORKERS RATIFY AGREEMENTS WITH ARCELORMITTAL.UNITED STEELWORKERS SAYS MEMBERS OVERWHELMINGLY RATIFIED NEW, FOUR-YEAR LABOR AGREEMENTS WITH ARCELORMITTAL USA.UNITED STEELWORKERS - NEW AGREEMENT WITH ARCELORMITTAL USA WILL INCREASE WAGES, BOLSTER RETIREMENT PROVISIONS, AMONG OTHERS FOR ABOUT 15,000 WORKERS.UNITED STEELWORKERS - AGREEMENTS WITH ARCELORMITTAL USA APPLIES TO WORKERS BELONGING TO 13 LOCAL UNIONS AT 14 FACILITIES IN ILLINOIS, INDIANA, AMONG OTHERS.  Full Article

Steelworkers Announce Tentative Agreement With ArcelorMittal
Friday, 2 Nov 2018 

Nov 2 (Reuters) - United Steelworkers::STEELWORKERS ANNOUNCE TENTATIVE AGREEMENT WITH ARCELORMITTAL.UNITED STEELWORKERS - SUBJECT TO A VOTE BY MEMBERSHIP OF 13 LOCAL UNIONS, PROPOSED 4-YEAR AGREEMEN WITH ARCELORMITTAL USA WOULD EXPIRE ON SEPT. 1, 2022.UNITED STEELWORKERS - REACHED TENTATIVE AGREEMENTS ON CONTRACTS WITH ARCELORMITTAL USA FOR ABOUT 15,000 WORKERS AT 14 OF CO'S U.S. LOCATIONS.  Full Article

TABLE-Kazakhstan's Jan-April copper output up; zinc, steel down

ALMATY, May 21 Kazakhstan's refined copper output rose 8.8 percent in the first four months of 2019 year-on-year, while refined zinc production fell 1.5 percent and crude steel output fell 0.2 percent, Statistics Committee data showed on Tuesday. London-listed copper miner KAZ Minerals and Glencore's Kazzinc account for a large part of Kazakhstan's metals production. ArcelorMittal owns the country's only major steel mill in Temirtau. The plant partly suspended operations