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ArcelorMittal completes investment agreement with

14 April, 2021, 16:15 CET ArcelorMittal Italia to be renamed Acciaierie d’Italia ArcelorMittal announces that it has today completed an investment. ....

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"Strongest quarter in decade" for ArcelorMittal - Delano

ArcelorMittal published its Q1 2021 results on Thursday indicating a $2.6bn operating income for the steel giant, up from $2bn the previous quarter.
It’s a quarter that Aditya Mittal, ArcelorMittal Chief Executive Officer, called “our strongest in a decade.” In addition to operating income growth, EBITDA also increased by 88% to $3.2bn, compared to $1.7bn in Q4 2020.
Demand recovery improved ArcelorMittal’s operating performance in the first quarter of the year, with a +6.5% sequential increase in steel shipments (total steel shipments for the quarter were 16.5Mt).
Despite a working capital investment of $1.6bn, free cash flow was recorded as $0.3bn, while gross debt declined from $12.3bn at the end of 2020 to $11.4bn. ....

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ArcelorMittal S.A.: ArcelorMittal reports first quarter 2021 results

Luxembourg, May 6, 2021 - ArcelorMittal (referred to as "ArcelorMittal" or the "Company") (MT (New York, Amsterdam, Paris, Luxembourg), MTS (Madrid)), the world's leading integrated steel and mining company ....

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EUROPE HRC WRAP: Domestic prices reach Eur1,000 per tonne

EUROPE HRC WRAP: Domestic prices reach Eur1,000 per tonne
Domestic prices for hot-rolled coil in the EU increased over the week to Friday April 30, going above â¬1,000 ($1,205) per tonne for the first time.
At the end of last week, ArcelorMittal again increased its official offer prices for all steel coil products in Europe â by â¬20 per tonne for HRC and by â¬50 per tonne for downstream products. Its new offers for HRC were heard at â¬1,020 per tonne ex-works.
Some other mills were also reported to have increased their official offers.
Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe, at â¬1,007.14 per tonne on April 30, up by â¬35.89 per tonne week on week and up by â¬171.14 per tonne month on month. ....

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EUROPE HRC WRAP: Domestic prices reach Eur1,000 per tonne

EUROPE HRC WRAP: Domestic prices reach Eur1,000 per tonne
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