How much money did ArcelorMittal raise from selling its 10% stake in Vallourec, and at what price per share?

ArcelorMittal raised about $667 million (573 million euros) from the sale of a 10% stake in Vallourec, selling 23.9 million shares at 24 euros apiece.

What is ArcelorMittal's remaining ownership stake in Vallourec after the sale, and how does it characterize its relationship with the company?

After the sale, ArcelorMittal retains a 17.3% stake in Vallourec and stated in its announcement that it remains supportive of Vallourec's strategy and management.

ArcelorMittal raises $667 million from Vallourec stake sale

May 18, 2026

ArcelorMittal raised $667 million by selling a 10% stake in steel tube manufacturer Vallourec, retaining 17.3% ownership after the transaction valued the subsidiary at roughly 6 billion euros.

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2026-05-18

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ArcelorMittal raises $667 million from Vallourec stake sale

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