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

The company will expand its campus in Kalvert, Alabama, to produce 150,000 metric tons per year, of electric steel.

Shares of ArcelorMittal (MT) edged nearly 0.5% higher on Friday morning as Deutsche Bank analysts hiked their price target on ...

Q4 2024 Earnings Call Transcript February 6, 2025 ArcelorMittal S.A. misses on earnings expectations. Reported EPS is $0.52 ...

Barclays analyst Tom Zhang raised the firm’s price target on ArcelorMittal (MT) to EUR 28 from EUR 25 and keeps an Overweight rating on the ...

JPMorgan analyst Dominic O’Kane raised the firm’s price target on ArcelorMittal (MT) to EUR 23.50 from EUR 23 and keeps a Neutral rating on the ...

Amsa had planned to shutter its longs division at the end of this month, but this has been delayed by a month as talks ...

ArcelorMittal plans to build a $1.2 billion advanced, non-grain-oriented electrical steel (NOES) manufacturing facility in ...

Amsa, while announcing their financials for 2024 in a briefing on Thursday, revealed that the longs business winding down has ...

ArcelorMittal SA CEO Kobus Verster, pointedly criticised the SA Government’s slow and insufficient response to the present steel industry survival crisis in South Africa.

Steelmaking giant ArcelorMittal said Thursday it would build a new plant in the United States to produce steel used in electric vehicles, as it posted a surge in annual net profit. The $900-million ...

For Ontario farmers relieved by the pause of U.S. tariffs on Canadian goods, there still remains significant anxiety over ...