ArcelorMittal S.A. (NYSE:MT) Q3 2023 Results Conference Call November 7, 2023 2:30 PM ET

Company Participants

Daniel Fairclough - Vice President, Corporate Finance and Head of Investor Relations

Lakshmi Mittal - Executive Chairman

Adit Mittal - Chief Executive

Genuino Christino - Executive Vice President and Chief Financial Officer

Brad Davey - Executive Vice President

Conference Call Participants

Alain Gabriel - Morgan Stanley

Tristan Gresser - BNP

Patrick Mann - Bank of America

Bastian Synagowitz - Deutsche Bank

Max Kogge - ODDO

Timna Tanners - Wolfe Research

Andrew Jones - UBS

Moses Ola - JPMorgan

Daniel Fairclough

Thank you. Good afternoon, everyone. This is Daniel Fairclough from the ArcelorMittal Investor Relations team. Thank you very much for joining us on this call today to discuss the Third Quarter and Nine Months 2023.

Before I hand directly to Mr. Mittal, I would like to refer you to the presentation we published this morning on our website, and in particular, draw your attention to the disclaimers on Slide number 2 of that presentation.

I now hand over the call to our Executive Chairman, Mr. Mittal.

Lakshmi Mittal

Thank you, Daniel. Good day, and thank you for joining us today for this Q3 earnings call. I am joined today by our Chief Executive, Adit Mittal, our Chief Financial Officer, Genuino Christino; and our Executive Vice President, Brad Davey, whose responsibilities include corporate health and safety.

Adit and I would not normally be present at the third quarter, but we wanted to speak with you all, given the tragic accident that took place on October 28 at our Kostenko coal mine in Kazakhstan that claimed the lives of 46 of our colleagues.

The accident was devastating, especially for the families of the victims and also for colleagues of the disease who have lost friends and for the communities to which they will never return. It is naturally with these groups, the families, colleagues and communities where our greatest focus has been since the accident.

It goes without saying that it is also a very difficult time for the Company. We are a global group, but we are also a community. The pain and the anguish within the Company at this terrible accident remains very raw. The outpouring of compassionate support shown by colleagues around the world for our colleagues in Kazakhstan has been a gratifying remainder of the depth of human kindness.

You will want to know how did this accident happen? We are asking ourselves the same questions, and we will make sure we get answers. Answers that could help us implement the actions that will enable us to emerge stronger in the future.