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ArcelorMittal (MT)
After hours:
- Globe Newswire
ArcelorMittal announces the publication of its fourth quarter 2022 sell-side analyst consensus figures
27 January 2023, 18:00 CET ArcelorMittal today announces the publication of its fourth quarter 2022 sell-side analysts’ 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 is currentl
- Globe Newswire
ArcelorMittal S.A.: ArcelorMittal invests $36 million in steel decarbonisation disruptor Boston Metal
Largest initial investment to date through XCarb® Innovation Fund 27 January 2023, 08:00 CET ArcelorMittal (the ‘Company’) today announces it has invested $36 million in Boston Metal. The transaction is the Company’s largest single initial investment to date through its XCarb® Innovation Fund. The fund, launched in March 2021, targets investing in the best and brightest technologies that hold the potential to play a meaningful role in the decarbonisation of the steel industry, a process ArcelorM
- Reuters
ArcelorMittal leads $120 million funding for green steel tech firm
ArcelorMittal has led the latest, $120 million round of investment for Boston Metal in the startup's quest to go to market by 2026 with equipment capable of taking the heavy greenhouse gas emissions out of steel production, the companies said. Much of the world's steel is currently made in coal-fired blast furnaces and its producers are coming under increasing pressure to reduce their contribution to global carbon dioxide (CO2) emissions that cause climate change. Steel producers are estimated to produce 7-9% of all harmful emissions, according to the World Steel Association.
