ArcelorMittal SA ADR (MT)

Nov 12, 2026

Clyde & Co has appointed Nav Juty, ArcelorMittal's global head of disputes, as a partner in its London energy and construction practice. Juty brings over 25 years of experience in construction and infrastructure disputes, project delivery, and contractual risk management, having previously worked at Simmons & Simmons, Aecom, and on major UK rail projects. Her hire strengthens Clyde & Co's ability to advise clients on complex project lifecycle issues and dispute resolution strategies.

Nov 11, 2026

ArcelorMittal has announced that Dutch metal distributor Galvano Metaal has integrated its XCarb recycled and renewably produced steel into its hot rolled pickled sheet product portfolio. This expansion aims to provide Galvano Metaal's customers with more lower-carbon steel options, helping to reduce the carbon footprint of their products while maintaining quality. The partnership builds on a long-standing relationship, combining Galvano Metaal's market knowledge with ArcelorMittal's expertise in sustainable steel production.

Nov 10, 2026

ArcelorMittal SA reported a 34% year-on-year increase in Q3 2026 EBITDA to $2 billion, with EBITDA per tonne reaching $155, significantly above historical averages. The company attributes this to the effective new European Trade framework reducing flat steel imports by 50% and expects continued growth in European shipments and strong free cash flow, supporting potential share buybacks. Despite challenges like higher energy costs and slower ramp-ups of some facilities, ArcelorMittal maintains a positive outlook for 2027 across its key regions.

Nov 8, 2026

ArcelorMittal's stock performance over the past three years has been strong, with a 184.3% return, prompting questions about its current valuation. Recent Q3 reports show stronger EBITDA and ongoing investment in expansion projects, which could reshape future cash flow expectations. A Discounted Cash Flow (DCF) analysis suggests the stock is currently undervalued by about 26% compared to its intrinsic worth, indicating potential for further growth as cash flow recovers.

Nov 8, 2026

Environmental groups are closely monitoring ArcelorMittal Dofasco's investment decisions regarding its aging coal-powered blast furnaces, as a significant reinvestment could extend fossil-fuel production for another two decades. The Hamilton steelmaker initially aimed to cut emissions by 60% by 2028 but later extended this deadline to 2050, despite receiving substantial government funding for a "green" steel project. Advocates urge the federal and provincial governments to push for faster decarbonization and consider the economic advantages of transitioning away from coal.

Nov 6, 2026

ArcelorMittal reported a 34% year-on-year increase in EBITDA to USD 2.02 billion for the third quarter of 2026, attributing the growth to strategic investments and EU trade measures on steel imports. The company noted improved market conditions in Europe, with flat steel shipments rising quarter-on-quarter against seasonal trends, and anticipates accelerated growth in European flat steel shipments for the fourth quarter. Despite a net loss due to impairment charges in Ukraine, adjusted net profit saw a significant increase.

Nov 6, 2026

ArcelorMittal reported a third-quarter net loss of $391 million due to the shutdown of its Ukrainian steel plant, Kryvyi Rih, following Russian attacks. This loss was driven by $852 million in impairment charges and $293 million in exceptional charges. Despite this setback, the company's underlying core earnings (EBITDA) of $2.02 billion exceeded analyst expectations, and its nine-month profit remains positive.

Nov 5, 2026

ArcelorMittal expects its North American steel shipments to remain flat in the fourth quarter. While recovery from Canadian and Mexican operational disruptions is anticipated, it will be counteracted by typical seasonal slowdowns and scheduled maintenance. The company is also considering a second Electric Arc Furnace at its Calvert, Alabama operations, and noted a mill in Ukraine is down due to missile attacks.

Nov 5, 2026

ArcelorMittal reported a 34% year-on-year increase in Q3 EBITDA to $2 billion, driven by portfolio optimization and strategic execution, with EBITDA per ton rising to $155. The company anticipates accelerated shipment growth and double-digit year-on-year improvement in Q4, fueled by a 50% decrease in European steel imports and the restart of idle capacities. Management is optimistic about 2027, expecting higher earnings and stronger returns due to capacity ramp-ups in India, record shipments in North America, and improved trade protections, supported by a disciplined capital allocation framework and potential for increased shareholder value through buybacks.

Nov 5, 2026

ArcelorMittal reported a 0.7% year-on-year increase in steel production for Q3 2026, reaching 13.7 million tonnes, driven by new EU protectionist measures. The company's EBITDA rose significantly to $2.02 billion, beating market expectations, and adjusted net income also increased. Despite positive core operations, ArcelorMittal faced a net loss of $0.4 billion for the quarter due to the temporary suspension of operations at ArcelorMittal Kryvyi Rih following missile strikes in Ukraine.

Nov 5, 2026

ArcelorMittal (NYSE:MT) announced a $391 million net loss for the third quarter of 2026, primarily due to charges related to the suspension of its Ukrainian steel operations. This reverses a previous quarter's profit, with sales declining to $16.466 billion and EBITDA reaching $2.023 billion. The company maintains its 2026 capital spending forecast and expects double-digit growth in European flat steel shipments for Q4.

Nov 5, 2026

ArcelorMittal, Europe's largest steelmaker, reported a 34% surge in third-quarter earnings before interest, taxes, depreciation, and amortization. The company attributes this profit boost to European steel tariffs, which are helping to offset high energy prices and create a "more balanced and sustainable" environment for the industry. Amsterdam-listed shares of ArcelorMittal gained nearly 6% following the announcement.

Nov 4, 2026

ArcelorMittal S.A. announced that Lumen Investments S.à r.l., a significant shareholder entity, has made share transactions. Details of these transactions are available on the Luxembourg Stock Exchange and ArcelorMittal's corporate website as per market abuse regulations. ArcelorMittal is a leading steel and mining company committed to sustainable steel production.

Nov 2, 2026

Global steel producer ArcelorMittal's total investment in Liberia is nearing $4 billion, covering mining operations, infrastructure, energy, and social projects. The company plans to increase iron ore exports to over 20 million tonnes next year, aiming for 30 million tonnes annually in the long term, and will construct Liberia’s first large-scale iron ore beneficiation complex. An amended agreement extends ArcelorMittal's operations in the country until 2050.

Nov 2, 2026

ArcelorMittal, Mitsubishi Heavy Industries, BHP, and Mitsubishi Development have successfully completed the first phase of a carbon capture trial at a steel plant in Gent, Belgium, demonstrating over 90% CO₂ capture from blast furnace gas. This pilot project, which ran for over 4,500 hours, suggests that full-scale application could reduce the plant's CO₂ emissions intensity by up to 24%. The partners are now advancing to the next phase, which will test post-combustion capture on gases from the hot strip mill to further assess the technology's potential for broader decarbonization.

Nov 2, 2026

ArcelorMittal has published its third-quarter 2026 sell-side analyst consensus figures, aggregated by Visible Alpha from 12 brokerage firms. The consensus estimates include $1,972 million for EBITDA, $652 million for adjusted net income, and $0.84 for adjusted earnings per share, excluding non-cash charges related to the idling of ArcelorMittal Kryvyi Rih. The company emphasizes that these figures are based on independent analyst estimates and do not represent ArcelorMittal's own views or forecasts.

Oct 30, 2026

A consortium including ArcelorMittal, Mitsubishi Heavy Industries (MHI), and BHP has successfully completed Phase 1 of a carbon capture trial at the Gent steelworks in Belgium. The pilot achieved over 90% CO2 capture from blast furnace off-gas over 4,500 hours, demonstrating potential to reduce the site's CO2 intensity by up to 24%. Phase 2 will now evaluate post-combustion capture across additional emission points within the integrated steel plant.

Oct 30, 2026

ArcelorMittal, in partnership with Mitsubishi Heavy Industries Ltd., BHP, and Mitsubishi Development Pty Ltd., has completed the first phase of a carbon capture trial at its Ghent steel plant in Belgium. The trial, which achieved over 90% CO₂ capture at pilot scale, demonstrated that the technology could reduce the facility's overall CO₂ intensity by up to 24% if applied to the blast furnace's off-gas. This initiative is significant for the wider steel market, as blast furnace-based production accounts for a large portion of global steel output, and holds potential for achieving near-zero emissions in the long term.

Oct 30, 2026

ArcelorMittal, in collaboration with Mitsubishi Heavy Industries, BHP, and Mitsubishi Development, has completed the first phase of a pilot carbon capture project at its Ghent steel plant. The trials successfully captured over 90% of CO₂ from blast furnace gas, demonstrating the viability of MHI's Advanced KM CDR Process technology in challenging steel production conditions. Full-scale deployment is estimated to reduce the plant's CO₂ emissions intensity by up to 24%, with future phases focusing on additional emission sources to achieve deeper reductions.