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.
ArcelorMittal (NYSE:MT) -0.8% in Friday's trading as Morgan Stanley downgrades shares to Equal Weight from Overweight with a €29.80 price target, saying the stock's YTD run-up is out of sync with the ...
Steel producer ArcelorMittal (MT) is facing some issues lately, especially with the ongoing troubles with the U.S. Steel (X) ...
By Johan BODINIER and Anna Peverieri (Reuters) - ArcelorMittal on Thursday forecast improving steel demand for 2025 and said ...
The facility aims to boost U.S. steel independence as the Trump administration announces tariffs on the commodity.
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 ...
Shares in steel producer ArcelorMittal South Africa opened 2% weaker on the Johannesburg Stock Exchange on Tuesday after U.S.
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GlobalData on MSNArcelorMittal to build $1.2bn steel plant in US to support auto sectorThe plant will produce NOES, which is essential for manufacturing larger vehicles such as full-size pickups and SUVs.
Aperam, a Luxembourg-based steelmaker, urges EU intervention amid concerns over U.S. tariffs sparking increased imports to Europe. Following ArcelorMittal's plea, the EU contemplates extending ...
The Luxembourg-based steelmaker said that it discussed the proposal at a meeting with its European works council, a body ...
The plant will focus on producing premium non-grain-oriented electrical steel. Credit: ArcelorMittal. Steelmaker ArcelorMittal is planning to construct an advanced steel manufacturing facility in ...
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