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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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Mittal sacks worker who urged TV film on steelwork pollution

But set to be rehired after talks at labour ministry ....

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ArcelorMittal completes investment agreement with Invitalia

ArcelorMittal Italia to be renamed Acciaierie d’Italia
ArcelorMittal announces that it has today completed an investment agreement (the ‘Investment Agreement’) with Invitalia, an Italian state-owned company, forming a public-private partnership between the parties.
Invitalia has injected €400 million new equity into AM InvestCo Italy, ArcelorMittal’s subsidiary which signed the lease and purchase agreement for the Ilva business, providing Invitalia with a 38% shareholding and equal voting rights with joint control over the company. Going forward the joint company AM InvestCo Italy is being re-named Acciaierie d’Italia Holding, and its main operating subsidiary ArcelorMittal Italia will be renamed Acciaierie d’Italia. ....

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