Steel giant ArcelorMittal is investing $1.2 billion to build an Alabama mill slated to produce advanced steel by 2027 for hybrid and electric vehicle motors to feed into the U.S. supply chain.

The facility aims to boost U.S. steel independence as the Trump administration announces tariffs on the commodity.

By Johan BODINIER and Anna Peverieri (Reuters) - ArcelorMittal on Thursday forecast improving steel demand for 2025 and said ...

ArcelorMittal downgraded toNeutral at Morgan Stanley, saying the run-up in the stock is out of sync with the earnings impact from any potential Ukraine rebuild.

Steel producer ArcelorMittal (MT) is facing some issues lately, especially with the ongoing troubles with the U.S. Steel (X) ...

The company said it believes demand for steel will improve this year after fewer impairment charges and other exceptional ...

Shares in steel producer ArcelorMittal South Africa opened 2% weaker on the Johannesburg Stock Exchange on Tuesday after U.S.

The plant will produce NOES, which is essential for manufacturing larger vehicles such as full-size pickups and SUVs.

The new facility will produce up to 150,000 metric tons of non-grain-oriented electrical steel (NOES) annually, that will be ...

ArcelorMittal is considering a potential shift of some of its European business support activities to India, as the region’s ...

An international steel producer is planning a $1.2 billion manufacturing facility for Alabama. The project from ArcelorMittal ...

The Luxembourg-based steelmaker said that it discussed the proposal at a meeting with its European works council, a body ...