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ArcelorMittal
As of May 21, 2026 at 10:37 UTC
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About ArcelorMittal
ArcelorMittal SA is an integrated steel and mining company. The company's reportable operating segments include North America, Brazil, Europe, India and JVs, Sustainable Solutions, and Mining. It generates maximum revenue from the Europe segment. The Europe segment produces hot-rolled coil, cold-rolled coil, coated products, tinplate, plate, and slab. These products are sold to customers in the automotive, general, and packaging sectors, as well as producing long products consisting of sections, wire rods, rebar, billets, blooms and wire drawing, and tubular products. Geographically, it derives a majority of its revenue from the United States, followed by Brazil, Canada, Mexico, Argentina, and other markets.
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Latest News
5 articlesArcelorMittal published its 2025 Sustainability Report showing significant progress in safety transformation with a 50% reduction in fatality frequency rate and 7% reduction in lost-time injuries. The company achieved a 47.7% reduction in absolute Scope 1 and 2 emissions since 2018 and expects up to 10% carbon intensity reduction by 2030. Major initiatives include a €1.3bn Dunkirk electric arc furnace project, 2.8GW of renewable energy capacity, and $335 million in R&D investments launching 38 new sustainable products.
The global steel tire cord market is valued at USD 5.11 billion in 2025 and is projected to reach USD 9.56 billion by 2035, growing at a CAGR of 6.59%. Growth is driven by increased vehicle production, rising demand for radial and tubeless tires, and advancements in high-tensile cord technologies. Asia-Pacific leads with 47.66% market share, while the U.S. market is expected to grow from USD 2.06 billion to USD 4.11 billion by 2035.
ArcelorMittal has published its convening notice for the Annual General Meeting and Extraordinary General Meeting of shareholders to be held on May 5, 2026. The AGM agenda includes the re-election of four directors (Lakshmi Niwas Mittal, Aditya Mittal, Michel Wurth, and Etienne Schneider) and the nomination of Roy Harvey, former Alcoa President and CEO, to the Board. The EGM will address renewal of share issuance authorization and routine legislative amendments.
ArcelorMittal has published its 2025 Annual Report, highlighting safety improvements, strong capital allocation with $1.1bn in strategic capex and $0.7bn returned to shareholders, increased iron ore self-sufficiency to 72%, and credit rating upgrades from both Moody's and S&P. The company proposed a FY 2026 dividend of $0.60/share and confirmed a €1.3 billion investment in an electric arc furnace in Dunkirk as part of its decarbonization strategy.
Vallourec SA announced its share buyback transactions between February 23-27, 2026, repurchasing 309,704 shares at an average price of €19.5484 per share under its approved buyback program. The company also announced the appointment of David Clarke as a new director at the request of ArcelorMittal.
