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ArcelorMittal (MT -1.6%) turns lower after the company said it will halt its Kryvyi Rih steelmaking operations in Ukraine to ensure the safety and security of its people and assets; the company says it has started the process to idle all blast furnaces, which will take 7-10 days. Kryvyi Rih i...
3 March 2022, 16 : 30 CET ArcelorMittal (‘the Company’) can confirm it has today taken the decision to idle its steelmaking operations in Kryvyi Rih, Ukraine in order to ensure the safety and security of our people and assets. The Company has been e...
The sell-offs witnessed by the stock market since the beginning of the year have led to a significant correction in quality stocks Pfizer (PFE), Intel (INTC), ArcelorMittal (MT), Bausch Health (BHC), and Macy’s (M). So, investors looking to ‘bottom-fish’ in the beaten-dow...
My portfolio, built specifically for my retirement ~20+ years from now, experiences some major shifts as I play for upside in oil and former market darlings. Making monthly contributions, even though they seem small at the time, makes all the difference in the world over time in helpi...
At approximately 10 p.m. Eastern Wednesday night, Russian military forces launched an all-out assault on their neighbor Ukraine. Calls for economic sanctions by the West were immediate -- and they're having an immediate effect on the prices of publicly traded steel stocks today. As ...
2 5 February 20 2 2 , 08 : 50 CET In its announcement of 11 February 2022 regarding a new $1 billion share buyback program, ArcelorMittal noted the declared intention of its Significant Shareholder to sell shares to it in proportion to share...
ArcelorMittal (MT -8.0%) said it is slowing down production at its major steel plant in Ukraine to "a technical minimum" and stop production at its underground mines in the country, although all open-pit mining continues for now. The steelmaker runs one of Europe's biggest steel mills at Kryv...
Ternium surprised the Street with even weaker than expected Q4'21 EBITDA, as shipments weakened significantly more than expected in the quarter on higher imports. Mexico is technically in a recession now, though the export-driven industrial sector has continued to grow, and the govern...
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New DRI and EAF installations at ArcelorMittal Dofasco in Hamilton, Ontario will reduce carbon emissions by approximately 60% 1 5 February 20 2 2 , 16 :30 CET ArcelorMittal (the ‘Company’) has today confirmed with the...
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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...