Recent events
Recent events tied to this brand in public sources.
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2021
ArcelorMittal, Orange and Ericsson launch 5G Steel project
ArcelorMittal, Orange Business Services and Ericsson launched the 5G Steel project in France in November 2021 to deploy an industrial 4G/5G network.
2021
ArcelorMittal workers strike at Shelby plant
Nearly 500 employees at ArcelorMittal's Shelby plant were on strike after the company and United Steel Workers Local 3057 failed to reach an agreement during contract negotiations. The union representative cited issues including work schedules, healthcare costs and pensions.
2021
ArcelorMittal announces investment in Ontario plant technology
ArcelorMittal announced plans to invest C$1.77 billion in new technology at its Dofasco plant in Ontario, with the stated plan to transition steelmaking to a direct-reduced-iron and electric-arc-furnace route.
2021
ArcelorMittal Italia to be renamed Acciaierie d'Italia
The investment agreement announcement said AM InvestCo Italy would be renamed Acciaierie d'Italia Holding and its main operating subsidiary, ArcelorMittal Italia, would be renamed Acciaierie d'Italia.
2021
ArcelorMittal completes investment agreement with Invitalia
ArcelorMittal said it completed an investment agreement with Italian state-owned company Invitalia, forming a public-private partnership. Invitalia injected €400 million into AM InvestCo Italy in return for a 38% shareholding and equal voting rights with joint control.
2021
ArcelorMittal announces sale of Cleveland-Cliffs shares
ArcelorMittal announced an agreement to sell 40 million Cleveland-Cliffs common shares through a fully underwritten public market offering. The announcement describes this as a divestment and says proceeds will be used for an ArcelorMittal share buyback programme.
2020
Cleveland-Cliffs announces planned purchase of ArcelorMittal’s US operations
Cleveland-Cliffs announced plans to purchase ArcelorMittal’s US manufacturing operations for $1.4 billion. The proposed transaction includes steel plants, coal-coking plants, and iron-ore mining operations.
2020
ArcelorMittal agrees to sell ArcelorMittal USA
ArcelorMittal entered into an agreement to sell all shares of ArcelorMittal USA to Cleveland-Cliffs in a $1.4 billion transaction.
2020
Numsa announces planned picket at ArcelorMittal sites over potential job cuts
The National Union of Metalworkers of South Africa announced plans to picket at multiple ArcelorMittal SA sites over a retrenchment process and proposed cuts. The company was consulting employees and contemplating retrenchments, according to the article.
2020
Carbon Connect Delta project consortium formed
A consortium of Belgian and Dutch companies set up the Carbon Connect Delta project, beginning with a feasibility study on carbon capture, utilisation and storage in the North Sea Port area. The consortium expected to complete the study by the end of 2020.
2020
ArcelorMittal receives approval to acquire Odisha Slurry Pipeline Infrastructure
ArcelorMittal received approval from the NCLT Cuttack for its resolution plan to acquire Odisha Slurry Pipeline Infrastructure. The article says formalities remained before ownership would transfer.
2019
ArcelorMittal and Nippon Steel announced the AM/NS India joint venture
ArcelorMittal announced a joint venture with Nippon Steel, called AM/NS India, to own and operate Essar Steel; ArcelorMittal holds 60% and Nippon Steel holds the remainder.
2019
ArcelorMittal and Nippon Steel established AM/NS India
ArcelorMittal and Nippon Steel established the joint venture AM/NS India to own and operate Essar Steel India Limited. ArcelorMittal holds 60% of the venture and Nippon Steel holds the remainder.
2019
ArcelorMittal completes acquisition of Essar Steel India
ArcelorMittal said it had completed its acquisition of Essar Steel India Ltd.
2019
ArcelorMittal and Nippon Steel complete acquisition of Essar Steel
ArcelorMittal and Nippon Steel completed the acquisition of Essar Steel, closing a Rs 42,000 crore deal with the company's lenders.
2019
ArcelorMittal announces Saldanha plant shutdown
ArcelorMittal announced that it would shut down its Saldanha plant in South Africa, citing severe financial losses and a downturn in the global steel sector. The source does not state a shutdown date.
2019
ArcelorMittal announces temporary Krakow furnace shutdown
ArcelorMittal said its Krakow blast furnace was scheduled to shut down on November 23, 2019, and would return online once steel demand recovered.