ArcelorMittal holds investor day in India

Event highlights India's position as world's fastest growing steel market and AM/NS India's vision to become the benchmark for quality, scale and sustainability in Indian steelmaking25 September 2024, 11:30 CET ArcelorMittal today hosted an investor day at AM/NS India's flagship plant in Hazira, Gujarat. The event provided members of the investment community with the opportunity to witness first-hand the progress AM/NS India – a 60/40 joint venture between ArcelorMittal and Nippon...

Luxembourg, 25/09/2024 (informazione.it - comunicati stampa - industria)

Event highlights India's position as world's fastest growing steel market and AM/NS India's vision to become the benchmark for quality, scale and sustainability in Indian steelmaking

25 September 2024, 11:30 CET

ArcelorMittal today hosted an investor day at AM/NS India's flagship plant in Hazira, Gujarat. The event provided members of the investment community with the opportunity to witness first-hand the progress AM/NS India – a 60/40 joint venture between ArcelorMittal and Nippon Steel – is making with the first phase of its project to grow steelmaking capacity in Hazira and insight into its long-term vision to reach 40 million tonnes of annual capacity.

In addition to the site tour the event included presentations and a question and answer session with Aditya Mittal, ArcelorMittal CEO and AM/NS India Chairman, and members of the AM/NS India management committee including Dilip Oommen, CEO of AM/NS India. The focus of the presentations was on AM/NS India's progress over the past four years and its growth plans, including:

Copies of the presentations used during today's meeting can be found on the company's website at https://corporate.arcelormittal.com/investors/equity-investors/shareholders-events

AM/NS India expansion plans (progress to date and phase 1) in detail

ENDS

About ArcelorMittal

ArcelorMittal is one of the world's leading integrated steel and mining companies with a presence in 60 countries and primary steelmaking operations in 15 countries. It is the largest steel producer in Europe, among the largest in the Americas, and has a growing presence in Asia, including India, through its joint venture AM/NS India.

ArcelorMittal sells its products to a diverse range of customers including the automotive, engineering, construction and machinery industries, and in 2023 generated revenues of $68.3 billion, produced 58.1 million metric tonnes of crude steel and 42.0 million tonnes of iron ore.

Our purpose is to produce smarter steels for people and planet. Steels made using innovative processes which use less energy, emit significantly less carbon and reduce costs. Steels that are cleaner, stronger and reusable. Steels for the renewable energy infrastructure that will support societies as they transform through this century. With steel at our core, our inventive people and an entrepreneurial culture at heart, we will support the world in making that change.

ArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MT), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS). For more information about ArcelorMittal please visit: http://corporate.arcelormittal.com .