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ArcelorMittal (MT +1.4%) says sanctions on Russia affects the company's sourcing of raw materials at operations in Ukraine and markets for sales by its other operations in the former Soviet states that generated $4.1B in sales last year, according to Bloomberg. In its annual report, the steel...
1 1 March 20 2 2 , 23.55 CET ArcelorMittal has published its annual report for the year ended 31 December 2021. The report has been filed with the electronic database of the Luxembourg Stock Exchange (www.bourse.lu) and is available at http://corp...
1 1 March 20 2 2 , 21:45 CET ArcelorMittal has filed its Annual Report 2021 on Form 20-F with the U.S. Securities and Exchange Commission (SEC). The report is now available at http://corporate.arcelormittal.com > Financial reports . A...
The European Commission released a proposal for additional sanctions against Russia Friday, in a step to ratchet up pressure on Putin following continued violence in Ukraine. The measures will "prohibit the import of key goods in the iron and steel sector from the Russian Federation" and are ...
ArcelorMittal has temporarily idled its Ukrainian steel operations, and the company's steel and iron operations in Ukraine account for 6%-9% of total EBITDA. Ukraine and Russia are major steel suppliers to the EU; lower output could help establish a floor for steel prices, while highe...
Shares of international steelmaking giant ArcelorMittal (NYSE: MT) closed Friday, trading down 8.9% after announcing that it will "idle its steelmaking operations in Kryvyi Rih, Ukraine in order to ensure the safety and security of our people and assets." Arcelor said that i...
Vancouver, Kelowna, Delta, BC - March 3, 2022 (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 companies plus...
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...
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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...
Trial Carbon Capture Unit Begins Operating on Blast Furnace at ArcelorMittal Gent, Belgium TOKYO, May 22, 2024 - (ACN Newswire) - ArcelorMittal and partners Mitsubishi Heavy Industries, Ltd. (MHI), BHP, along with Mitsubishi Development Pty Ltd (Mitsubishi Development) have successf...