ArcelorMittal, together with its subsidiaries, owns and operates steel manufacturing and mining facilities in Europe, North and South America, Asia, and Africa. The company's principal steel products include semi-finished flat products, such as slabs; finished flat products comprising plates, hot- and cold-rolled coils and sheets, hot-dipped and electro-galvanized coils and sheets, tinplate, and color coated coils and sheets; semi-finished long products, such as blooms and billets; finished long products, including bars, wire-rods, structural sections, rails, sheet piles, and wire-products; and seamless and welded pipes and tubes. Its principal mining products comprise iron ore lumps, fines, concentrates, pellets, and sinter feeds; and coking and thermal coal, and pulverized coal injections. The company sells its products to various customers in the automotive, appliance, engineering, construction, energy, and machinery industries through a centralized marketing organization, as well as distributors. It has iron ore mining activities in Brazil, Bosnia, Canada, Kazakhstan, Liberia, Mexico, and Ukraine; and coal mining activities in Kazakhstan. The company was founded in 1976 and is headquartered in Luxembourg City, Luxembourg.
IPO Year:
Exchange: NYSE
Website: corporate.arcelormittal.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/10/2026 | Underweight → Neutral | Analyst | |
| 3/25/2026 | Sector Weight | KeyBanc Capital Markets | |
| 3/9/2026 | Overweight → Underweight | Analyst | |
| 2/11/2026 | Hold → Buy | Jefferies | |
| 1/6/2026 | Equal-Weight → Overweight | Morgan Stanley | |
| 11/7/2025 | Neutral → Overweight | Analyst | |
| 10/10/2025 | Buy → Neutral | Goldman | |
| 8/14/2025 | $33.00 | Equal Weight | Wells Fargo |
| 7/16/2025 | Overweight → Equal Weight | Barclays | |
| 4/10/2025 | $31.70 | Neutral → Buy | Goldman |
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4 - ArcelorMittal (0001243429) (Reporting)
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Appointed Chairman of the Board of ArcelorMittal Europe Steel 6 July 2026, 14:05 CET ArcelorMittal today announces that its CEO of Europe and member of the Group Management Committee, Mr Geert Van Poelvoorde, will retire from his executive position at the end of July. He will take up the position of Chairman of the Board of ArcelorMittal Europe Steel. Mr Van Poelvoorde has made an immense contribution to the company since joining as a project engineer in the hot strip mill in Ghent in 1989. His technical expertise combined with his natural leadership skills saw him rise rapidly through the ranks, moving to Bremen in 1995 where he took up responsibility for operations and engineering. He r
30 June 2026, 10:15 CET Further to the announcement on 7 April 2025 of a new share buyback programme covering the period from 2025 to May 2030 (the ‘Programme’), ArcelorMittal (the ‘Company’) today announces the completion of the first tranche of the Programme and the commencement of a second tranche. The first tranche of the Programme, under which 10 million shares were repurchased at an average purchase price of €49.32 per share, has now been completed in full. The repurchased shares are currently being held in treasury and will be cancelled in due course. A second tranche of the Programme for up to 10 million shares will commence immediately, under the authorization given by the annual
26 June 2026, 15:15 CET ArcelorMittal (’the Company’) has today filed its 2025 Payments to Governments in respect of extractive activities report, which provides a consolidated overview of payments made by the Company and its subsidiaries in 2025 to governments regarding its mining operations. The report, which complies with reporting requirements under Luxembourg law, is available for download from https://corporate.arcelormittal.com/reports-and-policies. ENDS About ArcelorMittal ArcelorMittal is one of the world’s leading integrated steel and mining companies with a presence in 60 countries and primary steelmaking operations in 14 countries. It is the largest steel producer in Europe,
22 June 2026, 08:00 CET ArcelorMittal today announced a strategic collaboration with Amazon Web Services (AWS) to accelerate industrial automation across its global operations through advanced cloud, artificial intelligence and edge technologies. The collaboration brings AWS cloud and AI capabilities directly to ArcelorMittal’s manufacturing processes, providing opportunities for further optimisation and improvement of safety, asset reliability and energy efficiency. ArcelorMittal will converge some of its operational technology (OT) and information technology (IT) on AWS infrastructure, designed for security and scale, extending cloud and AI to the edge of its production environments. Usi
18 June 2026, 15:15 CET Ahead of its 20th anniversary on 31 July this year, ArcelorMittal has released a special video message from Executive Chairman Lakshmi Mittal, delivered to attendees at the World Steel Dynamics annual Global Steel Dynamics Forum 2026, held in New York on 15th and 16th July. In the remarks, Mr Mittal recalled the speech he gave at the event, shortly before the merger of Mittal Steel and Arcelor was agreed. Reflecting on the past two decades, Mr Mittal highlighted how the combination created a stronger, more resilient business with the scale, diversification and reach to navigate major global shifts - from the financial crisis to the COVID-19 pandemic to the rise of C
17 June 2026, 13:15 CET Three of Europe's leading steelmakers - ArcelorMittal Europe, thyssenkrupp Steel, and voestalpine – are today issuing a joint call for urgent, pragmatic reform of the EU Emissions Trading System (ETS), warning that without adjustments the current trajectory risks destroying Europe's industrial base. In an article published in the Financial Times, ArcelorMittal executive chairman Lakshmi Mittal articulated the companies' shared position on how the ETS needs to be reconsidered, to safeguard European steelmaking and all the industries it serves. Together, the three companies represent around 60% of Europe's integrated steel production, placing them at the heart of t
19 May 2026, 08:00 CET ArcelorMittal SA ("ArcelorMittal" or "the Company") today announces the successful pricing of its secondary offering of shares in Vallourec SA ("Vallourec"). ArcelorMittal has sold approximately 23.9 million shares in Vallourec, representing approximately 10.0% of Vallourec's outstanding share capital, at an offer price of EUR 24.00 per share, raising gross proceeds of approximately US$667 million. The transaction was conducted via an accelerated bookbuilding process to institutional investors. The transaction reflects ArcelorMittal's disciplined approach to capital allocation and portfolio management. The sale proceeds will be returned to ArcelorMittal shareholders
13 May 2026, 08:00 CET ArcelorMittal (the "Company" or the "Issuer") priced yesterday an offering of US$1,000,000,000 aggregate principal amount of 5.375% notes due 19 May 2036 (the "Notes"). The net proceeds to ArcelorMittal (before expenses), amounting to approximately $987,120,000, will be used for general corporate purposes. The offering is scheduled to close on 19 May 2026, subject to satisfaction of customary conditions. The Issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the Issuer has filed with
5 May 2026, 13.20 CET The Annual General Meeting and the Extraordinary General Meeting (‘General Meetings') of shareholders of ArcelorMittal (the "Company") held today in Luxembourg approved all resolutions by a strong majority. 82.28% of the voting rights were represented at the General Meetings. The results of the votes will be posted shortly on www.arcelormittal.com under "Investors – Equity investors – Shareholders events – AGM – General Meetings ottf shareholders, 5 May 2026" where the full documentation regarding the General Meetings is available. In particular, the shareholders: Approved the distribution of a dividend of US$0.60 per share;Re-elected Mr. Lakshmi Niwas Mittal, Mr. A
Luxembourg, April 30, 2026 - ArcelorMittal (referred to as "ArcelorMittal" or the "Company" or the "Group") (MT (New York, Amsterdam, Paris, Luxembourg), MTS (Madrid)), the world's leading integrated steel and mining company, today announced results1 for the three-month period ended March 31, 2026 1Q 2026 key highlights: Safety focus: Protecting employee health and safety is a core Company value. The multi-year safety transformation continues to deliver measurable improvements, with LTIFR improving to 0.45x in 1Q 2026 from 0.63x in 1Q 2025Delivering structurally improved margins: The Group's results continue to demonstrate resilience, with 1Q 2026 EBITDA per tonne of $131/t increasing by $
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Analyst upgraded ArcelorMittal from Underweight to Neutral
KeyBanc Capital Markets resumed coverage of ArcelorMittal with a rating of Sector Weight
Analyst downgraded ArcelorMittal from Overweight to Underweight
Jefferies upgraded ArcelorMittal from Hold to Buy
Morgan Stanley upgraded ArcelorMittal from Equal-Weight to Overweight
Analyst upgraded ArcelorMittal from Neutral to Overweight
Goldman downgraded ArcelorMittal from Buy to Neutral
Wells Fargo initiated coverage of ArcelorMittal with a rating of Equal Weight and set a new price target of $33.00
Barclays downgraded ArcelorMittal from Overweight to Equal Weight
Goldman upgraded ArcelorMittal from Neutral to Buy and set a new price target of $31.70
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30 June 2026, 10:15 CET Further to the announcement on 7 April 2025 of a new share buyback programme covering the period from 2025 to May 2030 (the ‘Programme’), ArcelorMittal (the ‘Company’) today announces the completion of the first tranche of the Programme and the commencement of a second tranche. The first tranche of the Programme, under which 10 million shares were repurchased at an average purchase price of €49.32 per share, has now been completed in full. The repurchased shares are currently being held in treasury and will be cancelled in due course. A second tranche of the Programme for up to 10 million shares will commence immediately, under the authorization given by the annual
5 May 2026, 13.20 CET The Annual General Meeting and the Extraordinary General Meeting (‘General Meetings') of shareholders of ArcelorMittal (the "Company") held today in Luxembourg approved all resolutions by a strong majority. 82.28% of the voting rights were represented at the General Meetings. The results of the votes will be posted shortly on www.arcelormittal.com under "Investors – Equity investors – Shareholders events – AGM – General Meetings ottf shareholders, 5 May 2026" where the full documentation regarding the General Meetings is available. In particular, the shareholders: Approved the distribution of a dividend of US$0.60 per share;Re-elected Mr. Lakshmi Niwas Mittal, Mr. A
Luxembourg, April 30, 2026 - ArcelorMittal (referred to as "ArcelorMittal" or the "Company" or the "Group") (MT (New York, Amsterdam, Paris, Luxembourg), MTS (Madrid)), the world's leading integrated steel and mining company, today announced results1 for the three-month period ended March 31, 2026 1Q 2026 key highlights: Safety focus: Protecting employee health and safety is a core Company value. The multi-year safety transformation continues to deliver measurable improvements, with LTIFR improving to 0.45x in 1Q 2026 from 0.63x in 1Q 2025Delivering structurally improved margins: The Group's results continue to demonstrate resilience, with 1Q 2026 EBITDA per tonne of $131/t increasing by $
6 March 2026, 23:55 CET ArcelorMittal has today filed its Annual Report 2025 on Form 20-F with the U.S. Securities and Exchange Commission (SEC). The report is now available at http://corporate.arcelormittal.com > Financial reports. ArcelorMittal will send a hard copy of the Form 20-F Annual Report for 2025, which includes the audited financial statements, to shareholders free of charge upon request. ArcelorMittal also has published its annual report for the year ended 31 December 2025. The report has been filed with the electronic database of the Luxembourg Stock Exchange (www.bourse.lu) and is available at http://corporate.arcelormittal.com > Financial reports Highlights of FY 2025 in
Luxembourg, February 5, 2026 - ArcelorMittal (referred to as "ArcelorMittal" or the "Company" or the "Group") (MT (New York, Amsterdam, Paris, Luxembourg), MTS (Madrid)), the world's leading integrated steel and mining company, today announced results1 for the three-month and twelve-month periods ended December 31, 2025 4Q 2025 key highlights: Safety focus is driving improved performance: Protecting employee health and safety is a core Company value. Progress is evident across all key safety KPIs, including a significant improvement in fatality prevention. The Company is now entering the second year of its three‑year safety transformation program, moving into the implementation and scale‑u
30 January 2026, 08:30 CET The Government of the Republic of Liberia and ArcelorMittal ("the Company") have signed an amendment to the existing Mineral Development Agreement (MDA), which was yesterday ratified via the Liberian legislative process, extending the duration of the agreement to 2050, with a right to renew for a further 25 years. The agreement solidifies ArcelorMittal's long-term mining expansion and commitment to Liberia. It also provides for the Government's desire to make the Tokadeh to Buchanan rail corridor accessible to multiple users. The agreement, alongside the recent inauguration of ArcelorMittal's iron ore concentration facility at Tokadeh in Nimba County, highlights
Luxembourg, November 6, 2025 - ArcelorMittal (referred to as "ArcelorMittal" or the "Company" or the "Group") (MT (New York, Amsterdam, Paris, Luxembourg), MTS (Madrid)), the world's leading integrated steel and mining company, today announced results1 for the three-month and nine-month periods ended September 30, 2025. 3Q 2025 key highlights: Safety focus: Protecting employee health and safety is a core value of the Company. LTIF rate of 0.76x in 3Q 2025. In the first year of our three-year safety transformation program, the whole Company is working to build strong foundations for ‘one safety culture' across the GroupResilient operating results at the bottom of the cycle: 3Q 2025 EBITDA o
Luxembourg, July 31, 2025 - ArcelorMittal (referred to as "ArcelorMittal" or the "Company" or the "Group") (MT (New York, Amsterdam, Paris, Luxembourg), MTS (Madrid)), the world's leading integrated steel and mining company, today announced results1 for the three-month and six-month periods ended June 30, 2025. 2Q 2025 key highlights: Safety focus: Protecting employee health and safety is a core value of the Company. LTIF rate of 0.68x in 2Q 2025. dss+ safety audit recommendations implementation phase is underway Sustained margin improvement: Despite continuous challenges, the Group's results show the benefits of (i) asset optimization, (ii) regional and
6 May 2025, 15.15 CET The Annual General Meeting (‘General Meeting') of shareholders of ArcelorMittal (the "Company") held today in Luxembourg approved all resolutions by a strong majority. 71.73% 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 events – AGM – Annual General Meeting of shareholders, 6 May 2025" where the full documentation regarding the General Meeting is available. In particular, the shareholders: Approved the distribution of a dividend of US$0.55 per share;Re-elected Mrs. Vanisha Mittal Bhatia and Mr. Karel de Gucht as directors of Ar
Luxembourg, April 30, 2025 - ArcelorMittal (referred to as "ArcelorMittal" or the "Company" or the "Group") (MT (New York, Amsterdam, Paris, Luxembourg), MTS (Madrid)), the world's leading integrated steel and mining company, today announced results1 for the three-month period ended March 31, 2025. 1Q 2025 key highlights: Safety focus: Protecting employee health and well-being remains an overarching priority of the Company. LTIF rate of 0.63x in 1Q 2025. dss+ safety audit recommendations implementation phase is underway Delivering higher margins than in prior cycles: The Group's results are showing resilience; the benefits of asset optimization and a diversified asset portfolio are suppor
Live Leadership Updates
Appointed Chairman of the Board of ArcelorMittal Europe Steel 6 July 2026, 14:05 CET ArcelorMittal today announces that its CEO of Europe and member of the Group Management Committee, Mr Geert Van Poelvoorde, will retire from his executive position at the end of July. He will take up the position of Chairman of the Board of ArcelorMittal Europe Steel. Mr Van Poelvoorde has made an immense contribution to the company since joining as a project engineer in the hot strip mill in Ghent in 1989. His technical expertise combined with his natural leadership skills saw him rise rapidly through the ranks, moving to Bremen in 1995 where he took up responsibility for operations and engineering. He r
Jorge Luiz Ribeiro de Oliveira nominated Executive Vice President of ArcelorMittal ArcelorMittal (‘the company' or ‘the group') today announces the appointment of Everton Negresiolo as CEO of its South American Long Products and mining business and a member of the group management committee, effective 1 April 2025. Everton will report to Aditya Mittal, Chief Executive Officer of ArcelorMittal. Everton succeeds Jefferson de Paula, who is retiring, effective 1 April 2025. Jefferson, an Executive Vice President and member of the group's management committee, joined ArcelorMittal in 1991 as a melt shop manager in one of the company's Brazilian steel plants. During his 34-year career with the
06 August 2024, 07:30 CET ArcelorMittal today announces that following the signature of a Share Purchase Agreement on 12 March 2024, and after the approval of relevant antitrust authorities and clearances under foreign investment regulations, it has completed the acquisition of 65,243,206 shares, representing c.28.41% equity interest in Vallourec, for €14.64 per share from funds managed by Apollo Global Management Inc., for a total consideration of approximately €955 million, subject to successful completion of the settlement. Following completion of this transaction, the appointment of Mr. Genuino Magalhaes Christino (Chief Financial Officer, ArcelorMittal) as director of Vallourec will
19 March 2024, 10:00 CET ArcelorMittal, the world's leading steel and mining company, today announces that Kleber Silva is nominated Executive Vice President of ArcelorMittal and appointed as Chief Executive Officer of ArcelorMittal Mining, effective 08 April 2024. Kleber will report to Aditya Mittal, Chief Executive Officer of ArcelorMittal and he will be a member of the Group Management Committee. Stefan Buys, who has been the chief executive since October 2021, is leaving the company on 30 March 2024 to pursue other opportunities. Stefan safely advanced ArcelorMittal's mining business in both Liberia and Canada, and facilitated the progression of key projects. ArcelorMittal would like t
24 May 2022, 10:00 CET ArcelorMittal today announces that Stephanie Werner-Dietz will join the company on 1st September 2022 as Executive Vice President and global head of human resources. Bart Wille, who currently holds this position, has decided to retire at the end of this year following a career of 37 years in human resources management. Stephanie joins ArcelorMittal from Nokia, where she is Chief People Officer and a member of the Group Leadership Team. In this position she has responsibility for all people-related topics including human resource management, real estate and health and safety. She recently launched Nokia's new people strategy, which has a strong emphasis on growth, s
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