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ArcelorMittal ( NYSE: MT ) said on Friday it had resumed steel supplies to Russia from its ArcelorMittal Temirtau mill in Kazakhstan, Reuters reports. The world's second largest steelmaker said it is in full compliance with Western sanctions imposed on Russia, which do n...
Base metals and related equities look poised for a strong rebound Thursday after recent declines, as China reportedly is considering a $220B stimulus package to boost its economy. According to Reuters, benchmark copper on the London Metal Exchange ( HG1:COM ) recently traded...
Copper prices extend their recent decline to hit fresh 17-month lows on Tuesday while the dollar surged, as global recession fears continue to weigh on the demand outlook for commodities. According to Reuters, three-month copper ( HG1:COM ) on the London Metal Exchange recen...
Siyata Mobile ( SYTA ) -11% . Revelation Biosciences ( REVB ) -10% . WPP ( WPP ) -9% . Micro Focus International ( MFGP ) -9% . Mereo BioPharma Group ( MREO ) -9% . Vinco Ventures ( BBIG ) -5% . Dun & Bradstre...
Basic materials sector plunged 16.3% in Q2 and 10% for the past 12 months. The industry is trading at a PE ratio of 24.3x, lower than its 3-year average PE of 27.1x. Top five gainers in the basic materials sector in Q2 (stocks with a market cap of over $2B): Sigma Lithium ...
Basic materials sector plunged 14.1% for the month of June and 19% on YTD basis. The industry is trading at a PE ratio of 24.3x, lower than its 3-year average PE of 27.1x. Analysts are positive on the Construction Materials industry with annual earnings growth expectation of 19% ove...
1 July 2022, 0 8 : 00 CET ArcelorMittal (‘the Company’) today announces that following receipt of customary regulatory approvals it yesterday completed the acquisition of an 80% shareholding in voestalpine’s Hot Briquetted Iron (...
Renalytix ( RNLX ) -28% on Q3 earnings release . Angion Biomedica ( ANGN ) -27% after it discontinued phase 2 trial of ANG-3070 in patients with kidney disease . Exicure ( XCUR ) -23% as it implements reverse-stock-split to get back Nasdaq com...
28 June 2022, 17 : 45 CET ArcelorMittal (’the Company’) has today filed its 2021 Payments to Governments in respect of Extractive Industries report, which provides a consolidated overview of payments made by the Company and its subsidiaries in 202...
Copper prices are poised for their biggest weekly fall in more than a year, and other industrial metals also are set for sharp weekly declines, as investors worried that central bank rate hikes could choke global economic growth and cut demand for metals. According to Reuters, benchmark coppe...
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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...