The projected fair value for ArcelorMittal is €33.23 based on 2 Stage Free Cash Flow to Equity. Current share price of €29.20 suggests ArcelorMittal is potential ...

Cleveland-Cliffs' Q2 results showed improved shipments, higher ASP, and lower costs. Despite ongoing net losses and risks, ...

Despite being offered billions in subsidies, steel giant ArcelorMittal has suspended plans to transition to green steel production in Germany. As Germany has pledged to become carbon-neutral by 2045-- ...

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 ...

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 ...

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 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.

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

ArcelorMittal SA has come out swinging against a recent Daily Maverick article that it says turned the national debate into a scrapyard brawl in favour of mini-mills and scrap metal traders.