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Cleveland-Cliffs (CLF) has a definitive deal to acquire substantially all the operations of ArcelorMittal USA (MT) and subsidiaries for about $1.4B - making Cleveland-Cliffs the largest flat-rolled steel producer in North America. The deal will happen on a cash-free and debt-free basis, via a...
28 September 2020, 07:45 CET ArcelorMittal (the “Company”, “Group”) announces it has entered into a definitive agreement (the “Agreement”) with Cleveland-Cliffs Inc. (“Cleveland-Cliffs”) pursuant to which Cleveland-Cliffs...
Continuing down a path of offloading assets, ArcelorMittal (MT) is considering striking a deal to merge its U.S. operations with Cleveland-Cliffs (CLF), according to Reuters. A finalized arrangement could be announced within days.The U.S. assets of Luxembourg-based ArcelorMittal are reportedl...
U.S. stock markets are continuing the declines seen in Europe overnight. While the major U.S. market indexes are experiencing general declines of 2% to 3%, steel stocks are showing outsized drops. United States Steel (NYSE: X) , ArcelorMittal (NYSE: MT) and Cleveland-Cliff...
Nikola Corporation (NKLA) -26% after Milton resignation sends shockwaves.Eastman Kodak (KODK) -11%.Uranium Energy (UEC) -9%.Eton Pharmaceuticals (ETON) -7%.Deutsche Bank Aktiengesellschaft (DB) -7% on money laundering allegations.ING Groep N.V. (ING) -7%.Plug Power (PLUG) ...
Arcelor Mittal (NYSE: MT ) will restart its halted electric arc furnace at Sestao, Spain, before the end of September, S&P Global Platts reports, meaning all its Spanish units halted during the coronavirus pandemic will be back in operation in Q4. More news on: ArcelorMittal, Commo...
ArcelorMittal's ( MT +4% ) South Africa unit declares force majeure following a breakdown of a blast furnace at its Newcastle Works. More news on: ArcelorMittal, Commodities news, Stocks on the move, Read more ...
This is a very challenging time to be a steel company. While the general consensus is that the auto and most industrial markets bottomed in the second quarter, utilization remains very weak in North America and Europe and it seems unlikely that demand is going to rebound strongly enough to all...
ArcelorMittal (NYSE: MT ) and SSAB tell their U.S. customers they will increase steel plate pricing by $40/st , effective immediately, for new orders. More news on: ArcelorMittal, Nucor Corporation, VanEck Vectors Steel ETF, Commodities news, News on ETFs, Read more ...
ArcelorMittal (NYSE: MT ) says it plans to build an electric arc furnace steelmaking facility at AM/NS Calvert in Alabama, with construction expected to take 24 months. More news on: ArcelorMittal, Commodities news, Read more ...
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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...