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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...
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...
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23 July 2024, 16:00 CET ArcelorMittal (‘the Company’) today announces the publication of its second quarter 2024 sell-side analyst consensus figures. The consensus figures are based on analysts’ estimates recorded on an external web-based tool provided and managed...
World-first Trial of New Technology to Recycle CO2 Emissions from Steel Production Begins at ArcelorMittal Gent, Belgium TOKYO, July 8, 2024 - (JCN Newswire) - ArcelorMittal and Mitsubishi Heavy Industries, Ltd. (MHI) are working with a climate tech company, D-CRBN, to trial a new t...
01 July 2024, 11.30 CET ArcelorMittal (’the Company’) has today filed its 2023 Payments to Governments in respect of Extractive Industries report, which provides a consolidated overview of payments made by the Company and its subsidiaries in 2023 to governments regarding its...