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The U.S. and the European Union have announced a deal at the G20 summit in Rome to ease U.S. tariffs on steel and aluminum totaling more than $10B of E.U. exports each year, removing one of the most significant trade disputes from the Trump administration's levies imposed in 2018. U.S. Commer...
With the economy's continuing recovery and the resumption of construction activities, steel demand is expected to go up. Therefore, we think it could be wise to bet on quality steel stocks ArcelorMittal (MT) and Reliance Steel (RS). Analysts have recently upgraded their ratings. Read on. ...
The COVID-19 pandemic has disrupted the industrial supply chain, exacerbating inflationary pressures. This, along with rising U.S. Treasury yields and China’s weak economic data, will likely continue to foster stock market volatility. Analysts also expect market volatility to increase ...
The S&P/TSX Composite Index (INDEXTSI: OSPTX ) opened higher last Friday (October 15), trading at 20,863.54 by midday. The index closed the period at 20,927.11. It was on track for its best weekly performance since March, receiving a boost from energy stocks. On ...
Global miners are poised for strong gains today as iron ore prices jumped 10% in Singapore overnight, extending iron ore's surge since a September low to nearly 50%. Iron ore's big three are all higher pre-market - VALE +2.6%, BHP +2.7%, RIO +3.2% - as well as steel producers including X +1.9...
My portfolio, built specifically for my retirement ~20+ years from now, rides the September downturn in the market back under $400k. Making monthly contributions, even though they seem small at the time, makes all the difference in the world over time in helping create a valuable reti...
Although rising treasury yields and deepening concerns over inflation are leading to a pullback for the stock market, the long-term growth prospects of ArcelorMittal (MT), Steel Dynamics (STLD), Skechers U.S.A. (SKX), and Terex (TEX) make them solid investments. Wall Street analysts expect th...
30 September 2021, 17 : 15 CET ArcelorMittal, the world’s leading steel and mining company, today announces that Stefan Buys has been nominated Executive Vice President of ArcelorMittal and appointed as Chief Executive Officer of ArcelorMittal Mining, ...
Point Roberts, WA and Delta, BC - September 28, 2021 (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, NASDAQ, NYSE compani...
ArcelorMittal Belgium will reduce CO 2 emissions by 3 .9 million tonnes per year by 20 30 , by bu ilding a 2.5 million - tonne direct reduced iron (DRI) plant and two electric furnaces at its Gent site...
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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...