ArcelorMittal's (MT) acquisition improves its ability to manufacture the high-quality input materials required for low-carbon emissions steelmaking.
4 July 2022, 17:00 CET ArcelorMittal (the ‘Company’) announces that on 1 July 2022 it received a shareholding notification from BlackRock, Inc. According to the notification, the following threshold of (potential) voting rights was reached: - below 5% on 30 June 2022. This notification is available in the Luxembourg Stock Exchange’s OAM electronic database on www.bourse.lu and on the Company’s website corporate.arcelormittal.com under ‘Investors - Corporate Governance - Shareholding structure’.
1 July 2022, 08:00 CET ArcelorMittal (‘the Company’) today announces that following receipt of customary regulatory approvals it yesterday completed the acquisition of an 80% shareholding in voestalpine’s Hot Briquetted Iron (‘HBI’) plant located near Corpus Christi, Texas. The acquisition, announced in April this year, values the Corpus Christi operations at $1 billion. The state-of-the-art plant is one of the largest of its kind in the world. It has an annual capacity of two million tonnes of