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U.S. hot rolled coil prices fell for the seventh straight week, Argus reported Tuesday, citing the ripple effect of Amazon's warehouse construction cutbacks as well as continuing negative sentiment. Argus said its weekly U.S. HRC Midwest assessment fell by $65.25/st to $1,184.25/st, while the...
ArcelorMittal's (NYSE:MT) current share price implies its enterprise value could approach zero by the end of 2025, given its free cash flow yield in the next three years and net cash position by the end of 2022, which looks unjustified, Citi analysts said Monday in reiterating a Buy rating an...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips These seven undervalued stocks to buy are now at attractive prices after the latest stock market selloff. ArcelorMittal ( MT ) : The steel company returned to profitability in 2021 with massive net income growth...
Vancouver, Kelowna, Delta, BC - May 26, 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 ...
North American steelmakers (SLX) are sharply higher in Thursday's trading, capping strong gains following India's decision to impose export tariffs on its steel industry earlier this week: (NYSE:RS) +6.2%, (TMST) +5.4%, (NYSE:X) +5%, (STLD) +4.9%, (CMC) +4.7%, (CRS) +4.7%, (NYSE:CLF) +3.8%, (...
Shares look to be undergoing a double bottom pattern. Free cash flow trends are aligned with the bullish technicals. Ignore short-term growth estimates (which actually are improving due to more encouraging near-term revision estimates). For further details see: ArcelorMi...
24 May 2022, 10 : 0 0 CET ArcelorMittal today announces that Stephanie Werner-Dietz will join the company on 1 st September 2022 as Executive Vice President and global head of human resources. Bart Wille, who currently holds this position, has dec...
Freeport McMoRan (NYSE:FCX) +2.1% pre-market on Friday as copper prices extend recent gains on optimism after top metals consumer China cut a key interest rate for long-term loans, and Shanghai authorities prepare to lift some COVID-19 lockdowns, Reuters reports. London Metal Exchange benchma...
ArcelorMittal (NYSE:MT) announced that 60M treasury shares have been cancelled to keep the number of treasury shares within appropriate levels. The cancellation takes into account shares already purchased under the $1B share buyback announced on May 5, 2022. Post this, ArcelorMittal will...
The following slide deck was published by ArcelorMittal S.A. in conjunction with their 2022 Q1 earnings call. For further details see: ArcelorMittal S.A. 2022 Q1 - Results - Earnings Call Presentation
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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...