MT News and Press, Arcelor Mittal NY Registry Shares NEW From 10/04/22

ArcelorMittal ( NYSE: MT ) said Tuesday it has implemented a temporary layoff program for its Spain workforce of 8,300, citing reduced plant activity due to weak demand for steel. The layoff agreement will last until the end of this year, an ArcelorMittal ( MT ) spok...

4 October 202 2 , 1 6 : 30 CET ArcelorMittal today announces it has invested a further $17.5 million in Form Energy Inc. (‘Form Energy’ or ‘Form’) via its XCarb® Innovation fund. The investment, which is part of ...

An Indian joint venture of ArcelorMittal ( NYSE: MT ) and Nippon Steel will spend 410B rupees (~$5B) to increase crude steel production capacity by 6M metric tons/a year at its Hazira plant, aimed at meeting rising steel demand in India, Reuters reported Wednesday. The J...

Event emphasises strong recent progress at AM/NS India and the scope of work being undertaken to further strengthen and grow the business 2 7 September 202 2 , 14 : ...

ArcelorMittal ( NYSE: MT ) announced on Monday the issuance of €600M 4.875% notes due Sep 26, 2026. The notes were offered under the firm's €10B wholesale Euro Medium Term Notes Programme. Proceeds of the issuance will be used for general corporate purpos...

26 September 20 22 , 17 :00 C ET ArcelorMittal announces the issuance of €600,000,000 4.875 per cent notes due 26 September 2026 (the “Notes”). The issuance closed today. The Notes were issued under ArcelorMittal’s &#...

Summary Arch Resources is trading at very low multiples as coal is a hated and dying business. One of the reasons for its low valuation is likely limited exposure to thermal and less exposure to spot rates. Bad railway takeaway service is gating revenue. The company has a ...

ArcelorMittal ( NYSE: MT ) said Thursday that weak demand has caused it to idle one of two blast furnaces at its Asturias plant in Spain, Argus reports . The unit will be taken down at the end of September in response to economic uncertainty and weakening confidence leve...

Summary Nippon Steel has been flying under the radar over the past few years as losses for investments have dropped the valuation. However, now undervaluation can be used as a catalyst for strong returns thanks to the company’s global scale. Secretly, the company has ex...

ArcelorMittal's ( NYSE: MT ) India joint venture with Nippon Steel said on Friday it agreed to acquire certain infrastructure assets from Essar Group for $2.4B, as it seeks to strengthen its steelmaking business in the country. ArcelorMittal Nippon Steel ( MT ) said ...