ArcelorMittal (MT) has released an update.
ArcelorMittal reported resilient third-quarter 2024 results with a robust operating income of $0.7 billion despite market challenges, while maintaining a strategic focus on growth and shareholder returns. The company is leveraging its global presence to navigate market dynamics, with significant investments in strategic projects and a commitment to return at least 50% of post-dividend free cash flow to shareholders. ArcelorMittal remains optimistic about medium to long-term steel demand and continues its efforts towards sustainable development and decarbonization.
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