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ArcelorMittal (MT)

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22.24-0.30 (-1.33%)
At close: 03:59PM EDT
22.24 0.00 (0.00%)
After hours: 04:00PM EDT
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  • GlobeNewswire

    ArcelorMittal S.A.: ArcelorMittal announces publication of its second quarter 2024 sell-side analyst consensus figures

    23 July 2024, 16:00 CET ArcelorMittal (‘the Company’) today announces the publication of its second quarter 2024 sell-side analyst consensus figures. The consensus figures are based on analysts’ estimates recorded on an external web-based tool provided and managed by an independent company, Visible Alpha. To arrive at the consensus figures below, Visible Alpha has aggregated the expectations of sell-side analysts who, to the best of our knowledge, cover ArcelorMittal on a continuous basis. This

  • Reuters

    Mexican state government confirms end of protest in ArcelorMittal plant

    MEXICO CITY (Reuters) -Workers at a Mexican plant of steelmaker ArcelorMittal ended a 55-day stoppage on Friday, a government official from the state of Michoacan told Reuters late on Friday. Earlier on Friday, ArcelorMittal had said a group of workers was continuing an "illegal blockade" at the facilities of its Mexican unit, a day after the company announced a new settlement with its workers and the end of the stoppage. The government official confirmed the stoppage had ended after the mining union leading the labor action and negotiations with ArcelorMittal published a statement asking the workers who were still protesting to "respect the agreements reached and voted by the majority".

  • Reuters

    ArcelorMittal's 55-day Mexico work stoppage ends, firm agrees pay hike

    Steelmaker ArcelorMittal said on Thursday that a 55-day blockade at one of its sites in Mexico ended after workers approved a new settlement that includes an 8% pay hike for employees and review of their collective bargaining agreement. Workers affiliated with the mining union had been protesting since late May against the annual profit distribution to employees decided by the company for 2023, bringing all activities to a halt. In a statement, ArcelorMittal said the settlement, besides the retroactive pay increase, included a stimulus payment of 60,000 pesos ($3,336) per worker, food vouchers, back pay, and contracting a "reputable tax firm" to determine if there is any unpaid profit sharing difference.