Italy Sounds Out Ukrainian, Indian Investors to Rescue Steel Plant [BNN Bloomberg (Canada)]
Arcelor Mittal NY Registry Shares NEW (MT)
Last arcelor mittal ny registry shares new earnings: 2/6 01:00 am
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Source: BNN Bloomberg
Rome is testing the feasibility of a consortium after it moved to place the Acciaierie d'Italia SpA works under special administration, according to people familiar with the issue. The plan is only one of the options that the government is discussing and is at a very early stage, said the people who asked not to be named on a confidential matter. Arvedi Group, Ukraine's biggest steelmaker Metinvest B.V. and India's Vulcan Green Steel — part of Jindal Steel group — are among the firms involved, the people said. ArcelorMittal SA, which owns 62% of the plant formerly known as Ilva, has said that the request for special administration by state investment unit Invitalia, which holds the remainder, ends its role in the plant. The plant in the southern city of Taranto has long been struggling to return to sustainable production levels as it combats rising energy costs and weaker industrial demand. The plan under discussion reflects the Rome government's approach to corporate affairs.
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News
- ArcelorMittal S.A.: ArcelorMittal announces the publication of its first quarter 2024 sell-side analyst consensus figuresGlobeNewswire
- ArcelorMittal S.A.: ArcelorMittal publishes its 2023 Integrated Annual ReviewGlobeNewswire
- U.S. Department of Energy announces financial support for ArcelorMittal's anticipated World-Class Electrical Steel facility in Alabama [Yahoo! Finance]Yahoo! Finance
- ArcelorMittal S.A. (NYSE: MT) had its "hold" rating re-affirmed by analysts at Deutsche Bank Aktiengesellschaft. They now have a $31.00 price target on the stock, down previously from $34.00.MarketBeat
- ArcelorMittal's Irina Gorbounova Joins CHAR Tech Board of Directors [Yahoo! Finance]Yahoo! Finance
MT
Earnings
- 2/8/24 - Beat
MT
Sec Filings
- 4/23/24 - Form 6-K
- 4/10/24 - Form 6-K
- 4/8/24 - Form F-3ASR
- MT's page on the SEC website