Brief: ArcelorMittal Sees 2025 Capex In Range Of $4.5-$5.0 Bln

ArcelorMittal SA

06/02/2025 06:13

Feb 6 (Reuters) - ArcelorMittal SA  MT.LU :
    * ARCELORMITTAL REPORTS FOURTH QUARTER 2024 AND FULL YEAR
2024
RESULTS
    * OUTLOOK 2025:  EXPECTS HIGHER APPARENT DEMAND IN FY 2025
COMPARED TO FY 2024
    * CAPEX IN 2025 IS PROJECTED TO BE WITHIN RANGE OF
$4.5-$5.0BN
    * OUTLOOK 2025: POSITIVE FREE CASH FLOW OUTLOOK IN 2025 AND
BEYOND
    * COMPANY EXPECTS WORLD EX-CHINA APPARENT STEEL CONSUMPTION
("ASC") TO GROW BY 2.5% TO 3.5% IN 2025 AS COMPARED TO 2024
    * OUTLOOK 2025: BRAZIL TO BE STABLE (FOLLOWING STRONG GROWTH
IN
2024 OF 8%) AND INDIA TO GROW 6% TO 7%
    * PROJECT TO CONSTRUCT AN ADVANCED MANUFACTURING FACILITY IN
CALVERT, ALABAMA
    * PROJECT COULD PRODUCE UP TO 150KT OF NON-GRAIN-ORIENTED
ELECTRICAL STEEL (NOES) ANNUALLY

Source text:  ID:nGNE8NCKF7 
Further company coverage:  MT.LU 

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