MT News and Press, Arcelor Mittal NY Registry Shares NEW From 11/03/22

3 November 2022, 15:00 CET ArcelorMittal (the ‘Company’) today announces it has invested $25 million in nuclear innovation company TerraPower through its XCarb® Innovation Fund. The investment is part of an $830 million equity raise TerraPower has ...

Summary Against the backdrop of the deteriorating economic situation in Europe's largest countries, the steel demand side is likely to come under enormous pressure going forward. Russian DRI shipments are now likely to shift to China, so Europe risks losing a significant portion o...

October 31, 2022, 16:00 CET ArcelorMittal today announces the publication of its third quarter 2022 sell-side analysts’ consensus figures. The consensus figures are based on analysts’ estimates recorded on an external web-based tool provided and managed by an indepen...

ArcelorMittal ( NYSE: MT ) and Sasol ( NYSE: SSL ) said Tuesday they will collaborate on research into using green hydrogen for carbon capture technology and steel production. Sasol ( SSL ) is the world's biggest producer of fuel products and chemicals from c...

Transition to DRI-EAF steelmaking set to reduce carbon emissions at ArcelorMittal Dofasco in Canada by 3 million tonnes and remove coal from the Company’s North American flat steel franchise 13 October 2022, 1 8 : 3 0 CET ...

Summary 22Q3 earnings are forecasted at €131.3 billion (+29.4% y/y, -10.3% q/q) while revenue is forecasted at €1,431.4 billion (+18.2% y/y, -1.0% q/q). Earnings growth has increased by 5.2 percentage points (ppt) heading into earnings season. The increase in hea...

ArcelorMittal ( NYSE: MT ) said Thursday its Indian joint venture with Japan's Nippon Steel received environmental clearance to expand crude steel production capacity at its plant in Hazira. Approval by India's environmental ministry paves the way to initiate the project...

Summary We decided to sell off some stock to pay off our home equity line of credit completely. This will definitely destroy our passive income at the moment, but I feel like it's a good move being debt-free once again. I will continue dollar-cost averaging into positions each month. ...

Summary ArcelorMittal appears quite bullish on India. In fact, the company recently announced its intention to double steel manufacturing at one of its primary plants. ArcelorMittal-Nippon Steel India Ltd. (AM/NS India) plans to spend US $5.1 billion at its Gujarat plant in wester...

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...