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2023-06-22 10:22:20 ET The European Commission said Thursday it approved €280M (~$308M) in aid granted by Belgian to help ArcelorMittal ( NYSE: MT ) decarbonize its steel production. The EC said a direct grant and a soft loan will go toward the steelmaker's site in Gh...
2023-06-16 11:59:26 ET Summary ArcelorMittal benefited from the improved steel market conditions to deliver strong results in Q1 2023. With the CSP acquisition and two furnaces coming online in Europe, the company is strongly positioned for profitability improvement in the challen...
2023-06-14 14:30:00 ET Vancouver, Kelowna, Delta, BC - June 14, 2023 (Investorideas.com Newswire) Investorideas.com, a global investor news source covering mining and metals stocks releases today's edition of Exploring Mining Podcast , featuring stock news from TSX, TSXV, CSE, ASX, NASD...
Vol teron ™ plant targeted to start-up in 2027 14 June 202 3 , 13:00 CET ArcelorMittal, the world’s leading steel company, and John Cockerill, a group leading the development of steel p...
2023-06-13 08:55:46 ET Prices for copper and other base metals move higher Tuesday after China's central bank lowered a short-term lending rate in an effort to spark its lackluster economic recovery. The surprise rate cut from China's PBOC has raised speculation that a larger economic s...
2023-06-12 20:21:24 ET Summary ArcelorMittal, the second-largest steel manufacturing company globally, has achieved a Q1 EBITDA of $1.82bn and booked ~$1.1bn in net income, driven by its value creation strategy of decarbonization, strategic growth, and capital returns to shareholders....
2023-06-06 19:35:23 ET ArcelorMittal ( NYSE: MT ) said Tuesday it will supply General Motors ( GM ) with its XCarb recycled and renewably produced steel, which offers significantly lower carbon emissions compared to much of the carbon steel available in North America; deal t...
2023-06-02 09:17:22 ET Asian iron ore prices are rallying Friday, after a surprise rise in Chinese factory activity sparked hopes for improved demand while the passage of the debt ceiling deal in the U.S. Congress helped lift stock markets around the world. According to Reuters, the...
2023-05-31 07:37:47 ET Copper prices fell back to near six-month lows Wednesday after data showed China's economic recovery weakened in May, renewing concerns about the country's growth outlook and demand for metals. Purchasing managers surveys showed manufacturing in China contracted i...
19 May 2023, 18:45 CET ArcelorMittal (‘the Company’) announces that upon mandatory conversion of the 24,290,025 outstanding 5.50% Mandatorily Convertible Subordinated Notes due 18 May 2023, it delivered a total of 57,057,991 treasury shares on 19 May 2023. Th...
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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...