ArcelorMittal (XMAD:MTS) Construction In Progress : €6,734 Mil (As of Dec. 2023)

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What is ArcelorMittal Construction In Progress?

ArcelorMittal's quarterly construction in progress stayed the same from Jun. 2023 (€0 Mil) to Sep. 2023 (€0 Mil) but then increased from Sep. 2023 (€0 Mil) to Dec. 2023 (€6,734 Mil).

ArcelorMittal's annual construction in progress increased from Dec. 2021 (€4,012 Mil) to Dec. 2022 (€5,557 Mil) and increased from Dec. 2022 (€5,557 Mil) to Dec. 2023 (€6,734 Mil).

ArcelorMittal Construction In Progress Historical Data

The historical data trend for ArcelorMittal's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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ArcelorMittal Construction In Progress Chart

ArcelorMittal Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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4,941.00

3,257.59

4,011.71

5,557.33

6,733.53

ArcelorMittal Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Construction In Progress	Get a 7-Day Free Trial															5,557.33	-	-	-	6,733.53

ArcelorMittal Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

ArcelorMittal (XMAD:MTS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » ArcelorMittal SA (XMAD:MTS) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

AMSYF:USA MT:USA MT:Netherlands MT:Mexico MTa:UK 0RP9:UK ARRD:Germany ARMT34:Brazil MT:Austria

Address

24-26, Boulevard d’Avranches, Luxembourg, LUX, L-1160

Website

http://www.arcelormittal.com

ArcelorMittal SA is involved in the steel industry. The company's operating segments include NAFTA; Brazil; Europe; ACIS; Mining and others. It generates maximum revenue from the Europe segment. Europe segment produces hot-rolled coil, cold-rolled coil, coated products, tinplate, plate, and slab. These products are sold primarily to customers in the automotive, general, and packaging sectors as well as also produce long products consisting of sections, wire rods, rebar, billets, blooms and wire drawing, and tubular products. Geographically, it derives a majority of its revenue from Brazil.

ArcelorMittal (XMAD:MTS) Headlines

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