Market news

Arcelor Mittal SA (NYSE:MT), the global steelmaker, said Friday it cannot safely and sustainably restart its Kryvyi Rih operations in Ukraine after four missile strikes over five weeks. The company expects to record a non-cash impairment charge of approximately $1 billion, mainly reflecting...

ArcelorMittal (NYSE:MT) said on Friday it will halt operations at its Kryvyi Rih plant in Ukraine and record a non-cash impairment charge of approximately $1 billion following a series of missile strikes at the site. The steelmaker said four missile strikes over a five-week period resulted in the deaths of five employees and injuries to 17 others.

ArcelorMittal halts Kryvyi Rih plant operations in Ukraine after repeated missile strikes. The company expects a $1B impairment charge.

ArcelorMittal SA (NYSE:MT) said Friday it cannot safely and sustainably restart operations at its ArcelorMittal Kryvyi Rih plant in Ukraine after a series of missile strikes damaged the site and killed employees.The decision follows company statements issued on Aug. 17 and Sept. 14 after earlier attacks on the facility.Four Missile Strikes Hit ArcelorMittal Kryvyi RihArcelorMittal said the Ukrainian operation was targeted by four missile strikes over the past five weeks. The latest attack occurr

ArcelorMittal halts Ukraine steel operations after missile strikes, taking a $1B impairment.

Tipranks Press Release.

ArcelorMittal (ENXTAM:MT) is back in focus after another missile strike hit its Kryvyi Rih facility in Ukraine. The incident halted primary steel production and pushed much of the plant to minimum operating levels. Despite the disruption in Ukraine, ArcelorMittal’s share price has held at €63.24, with a 90‑day share price return of 9.37% and a much stronger year to date move of 58.66%. The 1‑year total shareholder return of 118.06% points to momentum that has been building rather than...

ArcelorMittal (ENXTAM:MT) reported that a ballistic missile strike hit its Kryvyi Rih facility in Ukraine, causing casualties and severe damage. The attack forced a suspension of primary steel production at ArcelorMittal Kryvyi Rih, disrupting normal operations at the integrated plant. Management highlighted this strike as part of a recent pattern of security incidents affecting the Kryvyi Rih complex and surrounding infrastructure. The latest missile hit on ArcelorMittal Kryvyi Rih is...

14 September 2026, 14:50 CET On Saturday, ArcelorMittal’s Ukrainian steel operation, ArcelorMittal Kryvyi Rih, was again struck by a ballistic missile attack. Two contractors were tragically killed in the attack, and two employees injured. The company’s focus is on supporting the bereaved families and friends, as well as providing support to all employees impacted by the missile strike, with those injured receiving medical attention in local hospitals. The strike focussed on the area of ironmaki

MT's 69% YTD rally reflects stronger EBITDA, cash flow and shareholder returns, plus EAF, NOES and Liberia growth projects.

ArcelorMittal, Nucor, Steel Dynamics and L.B. Foster stand out as steel stocks navigating weak demand while benefiting from higher prices.

Based on the Bloomberg report, ArcelorMittal S.A. (NYSE:MT) abandoned its planned takeover of the remaining 51% of its joint venture with Italian auto-parts manufacturer CLN after the Italian government used its “golden power” to impose conditions on the transaction. Those conditions reportedly included government approval for workforce or structural reductions and a requirement to maintain […]

ArcelorMittal dropped its planned takeover of a joint venture with CLN-Coils Lamiere Nastri after the Italian government imposed restrictions, Bloomberg reported.

MT expands steel capacity and boosts shareholder returns, but China's weak demand and elevated capex pressure cash flow.

MT stock has gained 24.8% in the past three months on expanded steel capacity and specialized products, while stronger performance, tariffs and demand support growth.

17 August 2026, 11:45 CET ArcelorMittal can confirm that its Ukraine operation, ArcelorMittal Kryvih Rih, suffered a missile strike over the weekend in which 13 employees of the company and contractors were injured and tragically two employees died: one staff member and one from a contractor organization. Our focus is on the families and loved ones of our colleagues who suffered from the attack. Those affected by the missile strike are receiving all necessary medical care in the city's medical f

On August 3, 2026, Reuters reported that Steelmaker ArcelorMittal S.A. (NYSE:MT) is expanding its partnership with Microsoft Corporation (NASDAQ:MSFT). It is adding Microsoft Fabric, Purview, and Foundry to its Azure-based “Cloud First, Data Centric” strategy, aiming to modernize its IT systems and embed AI across its global operations. Financial terms of the deal were not […]

MT missed on adjusted earnings as Q2 profit fell year over year, but expects stronger second-half shipments and sees Europe supported by policy changes.

Microsoft will be the European steelmaker's primary partner for cloud computing and analytics.

3 August 2026, 16:00 CET ArcelorMittal has released a special edition of its Steel Talks podcast to mark the company's 20th anniversary. The landmark episode brings together Executive Chairman Lakshmi Mittal, Chief Executive Officer Aditya Mittal and journalist and author Tim Bouquet (www.timbouquet.com) for a first of its kind, wide-ranging conversation reflecting on the creation of ArcelorMittal, the defining moments of the past two decades, and the opportunities and challenges that will shape

3 August 2026, 08:30 CET ArcelorMittal today announces an expansion of its collaboration with Microsoft, accelerating the company's transformation into a data-driven, AI-enabled organization and strengthening the digital foundation that underpins its industrial competitiveness. This latest announcement anchors ArcelorMittal's "Cloud First, Data Centric" strategy, with Microsoft Azure as the company's primary cloud computing platform. Azure will serve as the backbone for modernizing core IT syste

3 August 2026, 08:30 CET ArcelorMittal today announces an expansion of its collaboration with Microsoft, accelerating the company's transformation into a data-driven, AI-enabled organization and strengthening the digital foundation that underpins its industrial competitiveness. This latest announcement anchors ArcelorMittal's "Cloud First, Data Centric" strategy, with Microsoft Azure as the company's primary cloud computing platform. Azure will serve as the backbone for modernizing core IT syste

31 July 2026, 20:30 CET ArcelorMittal has today published its half-year report for the six-month period ended 30 June 2026. The report is available on http://corporate.arcelormittal.com/ under ‘Reports and Policies > Financial and Regulatory Reports’, and on the electronic database of the Luxembourg Stock Exchange (www.bourse.lu/). The report has also been filed on Form 6-K with the U.S. Securities and Exchange Commission (SEC) and is also available on http://corporate.arcelormittal.com/ under ‘

ArcelorMittal's (MT) US stock has an average rating of overweight and mean price target of $66.42, a

ArcelorMittal (NYSE:MT) reported improving operating momentum in the second quarter and said it expects progress to continue through the second half of 2026, supported by stronger European order books, production restarts and strategic growth investments. Group CFO Genuino Christino said second-qua

ArcelorMittal shares rose after reporting lower than expected Q2 adjusted earnings, as the steelmaker said it sees an improved outlook for its European business.

Although the revenue and EPS for ArcelorMittal (MT) give a sense of how its business performed in the quarter ended June 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Luxembourg, July 30, 2026 - ArcelorMittal (referred to as “ArcelorMittal” or the “Company” or the "Group") (MT (New York, Amsterdam, Paris, Luxembourg), MTS (Madrid)), the world’s leading integrated steel and mining company, today announced results1 for the three-month and six-month periods ended June 30, 2026. 2Q 2026 key highlights: Safety focus: Protecting employee health and safety is a core Company value. The multi-year safety transformation continues to deliver measurable improvements, wit