Strategic Delays and Disciplined Investment: ArcelorMittal’s …

2 days ago · ArcelorMittal is prioritizing clarity on European policy support and infrastructure capabilities before committing to substantial financial allocations, which reflects a disciplined …

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ArcelorMittal Reports Second Quarter 2024 And Half Year 2024 …

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Disciplined capex investment: Capex in 2024 continues to be expected within the range of $4.5bn-$5.0bn range, including $1.4-1.5bn on our strategic growth projects4,9. A capital-efficient …

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2Q’22 And 1H’22 Financial Results And Strategic Update

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Page 7 * share price as at 26.07.22 of $22.90/ sh $10.2bn EBITDA is strongest 1H performance in more than a decade $8.0bn net income is 28% higher than same period as last year Includes …

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Sustainable Development Update - ArcelorMittal

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Sep 21, 2021 · $8.3bn EBITDA is strongest 6mth performance since 2008 $6.3bn net income is strongest 6mth performance since 2008 Includes $1.0bn share of JV and associates income …

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Smarter Steels For People And Planet - ArcelorMittal

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R&D investment (global) $270m CO 2 e*** 1.514 Economic contribution in NA $6.36b Community investment $2,192,097 * LTI rate for the business unit ArcelorMittal North America is …

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ArcelorMittal Reports Third Quarter 2021 Results

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Nov 11, 2021 · Lower steel shipments and price impacts led to $2.9bn investment in working capital during 3Q 2021; Free cash flow (FCF) 14 of $1.6bn generated in 3Q 2021 ($2.4bn net …

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FAQs about Strategic Delays and Disciplined Investment: ArcelorMittal’s … Coupon?

Why is ArcelorMittal delaying green investments?

REUTERS/David W Cerny/File Photo Purchase Licensing Rights Nov 22 (Reuters) - ArcelorMittal , the world's second-largest steelmaker, said on Friday it is delaying planned green investments, blaming uncertainties over European Union regulatory directives. ...

Does ArcelorMittal have a capital-efficient decarbonization strategy?

A capital-efficient decarbonization strategy is essential to achieving appropriate returns on investment. ArcelorMittal continues to optimize its working capital in 1H’24 to reverse by year end, supporting the outlook for free cash flow generation. The “The Company continued to make good progress in the first half of the year. ...

Will ArcelorMittal make final investment decisions?

However, it has yet to make final investment decisions over these projects, notably the replacement of two out of three blast furnaces in Dunkirk for green hydrogen-powered facilities, ArcelorMittal told Reuters on Friday. ...

How did ArcelorMittal's net debt increase over the past 12 months?

Over the past 12 months net debt increased by $0.7 billion as the Company funded strategic growth capex of $1.5 billion and returned $1.8 billion to ArcelorMittal shareholders (dividends $0.4 billion and share buy backs $1.4 billion). ...

How much money will ArcelorMittal spend on environmental initiatives?

Last September, the government said it would finance environmental initiatives worth 2.27 billion euros ($2.5 billion), tapping European Union (EU) funds, in return for further investment from ArcelorMittal, but the memorandum of understanding is frozen for now. ...

How did ArcelorMittal perform in 2Q 2024?

ArcelorMittal's basic earnings per common share for 2Q 2024 was $0.63 as compared to $1.16 in 1Q 2024. Free cash flow during 2Q 2024 of $0.1 billion was impacted by capex of $1.0 billion, including strategic growth projects4, offset in part by a working capital release of $0.1 billion. ...