Despite being offered billions in subsidies, steel giant ArcelorMittal has suspended plans to transition to green steel ...

ArcelorMittal , the world's second-largest steelmaker, said on Thursday it had dropped plans to convert two plants in Germany to carbon-neutral production because the country's energy costs were too ...

(Reuters) -Talks with the South African government have so far yielded little progress to avert the closure of loss-making ...

ArcelorMittal South Africa may start closing its Long Steel Business before September as financial and structural pressures ...

This means that 3 500 jobs at ArcelorMittal in Newcastle and Vanderbijlpark can be lost again, as well as 293 754 direct and ...

ArcelorMittal South Africa has issued a stark update on the future of its Long Steel Business, warning that unless urgent ...

Visakhapatnam City Police received 25 high-tech motorcycles from ArcelorMittal and Nippon Steel, enhancing urban policing ...

AMSA threatens to shut long steel plants by September 2025Billions in state aid failed to rescue AMSA’s operationsProtectionism is damaging South Afr ...

Interestingly, ArcelorMittal has had a Sharpe Ratio of 0.2 since early 2017, behind the 0.6 for the S&P 500 Index over the same period. This compares with the Sharpe of 1.3 for the Trefis ...

ArcelorMittal posted a better-than-expected set of Q4 2022 results despite price erosion and weaker year-over-year shipments. Although revenue was down by almost 19% versus last year to $16.9 ...

ArcelorMittal said on Thursday global steel demand, excluding China, should grow in 2023 between 2% and 3%, and maintained its expectation that its own shipments will increase by around 5% this year.

ArcelorMittal said it would take on Nippon Steel’s 50% stake in the joint venture if the Japanese steelmaker managed to acquire U.S. Steel. The sale is a bid to address antitrust concerns.