Company: MT
Filing Date: 2025-08-01
Form Type: 6-K
Source: 0001243429-25-000067
Chunk: 12

Company: ArcelorMittal
Filing Date: 2025-08-01
Form: 6-K
Chunk 12
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3 2024                |     |  $99.75 |                                                                                      |     | $211.44 |                                                                                  |
| Q4 2024                |     | $103.40 |                                                                                      |     | $203.96 |                                                                                  |
| Q1 2025                |     | $103.45 |                                                                                      |     | $186.56 |                                                                                  |
| Q2 2025                |     |  $97.18 |                                                                                      |     | $186.76 |                                                                                  |

Scrap The Company refers to the German suppliers’ index ("BDSV") Delivered at Place ("DAP") as its market reference. The average index price for the first half of 2025 was €332/t as compared to €374/t in the first half of 2024. The average index price for full 2024 was €359/t. Turkey remains the main scrap buying country in the international market.

Scrap Index HMS 1&2 CFR Turkey, North Europe origin, started January 2025 at $336/t and reached the six-month high of $371/t in March 2025, averaging at $346/t for the first half of 2025. Scrap Index HMS 1&2 CFR Turkey, North Europe origin, started January 2024 at $414/t and reached the yearly low of $341/t in December 2024, averaging at $377/t for full 2024. In the first half of 2025, average prices for European domestic scrap price of grade E3 were $363/t, $17/t higher than the export price of HMS 1&2 CFR Turkey North Europe origin during same period. In 2024, the average price for European domestic scrap price of grade E3 was $389/t. In the domestic U.S. market, No. 1 busheling delivered Midwest index in the first half of 2025 was $466/t, $9/t higher as compared to the first half of 2024 at $457/t. On the export market, HMS export FOB New York average prices for the first half of 2025 were at $323/t, a decrease of $37/t as compared to the first half of 2024. Ferro alloys and base metals Ferro alloys The underlying price driver for manganese alloys is the price of manganese ore, which averaged $4.64 per dry metric ton unit ("/dmtu") (for 44% lump ore) on Cost, Insurance and