Company: MT
Filing Date: 2025-08-01
Form Type: 6-K
Source: 0001243429-25-000067
Chunk: 35

Company: ArcelorMittal
Filing Date: 2025-08-01
Form: 6-K
Chunk 35
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.3 million tonnes greenfield integrated steel plant on the East Coast in Rajayyapeta, Andhra Pradesh, reinforcing AMNS India’s commitment to strengthening its domestic manufacturing footprint and meeting rising demand for high-quality steel. Studies for options to further expand capacity at Hazira from 15 million tonnes to ultimately reach 24 million tonnes, as well as the development of other greenfield options on the East Coast (Andhra Pradesh and Odisha) to take overall capacity above 40 million tonnes are under progress.

Net cash used in investing activities in the first half of 2025 also included $263 million cash inflow related to the acquisition of AMNS Calvert and $101 million inflow from the second of four installments with respect to the loan related to the sale of Kazakhstan operations in 2023, partly offset by $167 million net cash outflow in connection with the acquisition of Tuper. Net cash used in investing activities in the first half of 2024 also included $227 million net proceeds from the sale of the Company's remaining 4% stake in Ereĝli Demir ve Çelik Fabrikalari T.A.S. ("Erdemir") and $111 million inflow in relation to the first installment of an intra-group loan in connection with the sale of ArcelorMittal Temirtau partly offset by a net outflow of $201 million for the acquisition of Italpannelli Spain and Italy.

Net cash used in financing activities

Net cash used in financing activities in the first half of 2025 included $262 million cash outflow relating to share buyback (as compared to $890 million in the first half of 2024) and net cash outflow of $161 million relating to net repayments of debt (mainly $350 million repayment of working capital facility of AMNS Calvert, repayment of Schuldschein loans at maturity for $419 million (€371 million) and $184 million repayment at maturity of its outstanding 6.125% Notes, partly offset by $799 million (€700 million) proceeds from the issuance of Schuldschein loans).Net cash used in financing activities in the first half of 2025 also included $256 million of dividends payments (of which $210 million paid to ArcelorMittal shareholders and $46 million paid to non-controlling shareholders).

Net cash used in financing activities in the first half of 2024 included primarily $579 million (€529 million) repayment at maturity of the Company's 2.25