An announcement from ArcelorMittal ( (MT) ) is now available.
On March 3, 2025, ArcelorMittal announced the appointment of Everton Negresiolo as CEO of its South American Long Products and mining business, effective April 1, 2025. Negresiolo succeeds Jefferson de Paula, who is retiring after a 34-year career with the company. This leadership transition is expected to bring continuity and further strengthen ArcelorMittal’s operations in South America, as the company continues to invest in growth opportunities in the region.
More about ArcelorMittal
ArcelorMittal is one of the world’s leading integrated steel and mining companies, operating in 60 countries with primary steelmaking operations in 15 countries. It is the largest steel producer in Europe and among the largest in the Americas, with a growing presence in Asia through its joint venture AM/NS India. The company serves diverse industries such as automotive, engineering, construction, and machinery, and focuses on producing innovative, energy-efficient, and low-carbon steel products.
YTD Price Performance: 21.35%
Average Trading Volume: 1,863,665
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $23.49B
For a thorough assessment of MT stock, go to TipRanks’ Stock Analysis page.