ArcelorMittal's 55-day Mexico work stoppage ends, firm agrees pay hike

Steelmaker ArcelorMittal said on Thursday that a 55-day blockade at one of its sites in Mexico ended after workers approved a new settlement that includes an 8% pay hike for employees and review of...

ArcelorMittal S.A.: ArcelorMittal's XCarb® India Accelerator programme for breakthrough climate tech start-ups announces winners

16 July, 2024 ArcelorMittal today announces it has selected three start-ups as the joint winners of its inaugural XCarb® India Accelerator Programme. The programme attracted over 50 applications an...

ArcelorMittal Announces Pricing of Bond Issue

11 June 2024, 08:00 CET ArcelorMittal (‘the Company' or ‘the Issuer') priced yesterday an offering of US$500 million aggregate principal amount of 6.00% notes due 17 June 2034 and US$500 million ag...

Trial carbon capture unit begins operating on Blast Furnace at ArcelorMittal Gent, Belgium

GENT, Belgium, May 22, 2024 (GLOBE NEWSWIRE) -- ArcelorMittal and partners Mitsubishi Heavy Industries, Ltd. (MHI), BHP, along with Mitsubishi Development Pty Ltd (Mitsubishi Development) have succ...

ArcelorMittal (MT) Advances Green Steel With Gijon EAF Project

ArcelorMittal's (MT) electric arc furnace at Gijon aims to reduce CO2 emissions by more than 35% and support growing low-carbon steel demand.

ArcelorMittal's (MT) Q1 Earnings and Revenues Beat Estimates

ArcelorMittal's (MT) first-quarter earnings and sales beat the respective estimates despite lower year-over-year steel shipments.

ArcelorMittal (MT) Reports Q1 Earnings: What Key Metrics Have to Say

Although the revenue and EPS for ArcelorMittal (MT) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall ...

Stay Ahead of the Game With ArcelorMittal (MT) Q1 Earnings: Wall Street's Insights on Key Metrics

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for ArcelorMittal (MT), delve into some of its key metrics to gain a deeper insight into the company's potential performance for...

Prilenia to Present Latest Research from its Pridopidine Programs for Huntington Disease and ALS at AAN 2024

NAARDEN, Netherlands & WALTHAM, Mass.--(BUSINESS WIRE)--Prilenia Therapeutics B.V., a clinical stage biotechnology company focused on the urgent mission to develop novel therapeutics to slow the pr...

ArcelorMittal to buy about 28.4% stake in Vallourec

Steelmaker ArcelorMittal said on Tuesday it will acquire an about 28.4% stake in Vallourec for around 955 million euros ($1.04 billion).

ArcelorMittal: An Even Better Entry Point In Cyclical Steel

ArcelorMittal is one of the most significant global players in the cyclical steel segment. I would characterize it, at the right price, as a must-own sort of investment. I consider the company to b...

ArcelorMittal (MT) and Petrobras Forge Low-Carbon Partnership

ArcelorMittal (MT) and Petrobras join forces to explore low-carbon solutions in Brazil, including a carbon capture hub.

3 Top Steel Stocks Providing Portfolio Strength

Steel demand is set to spike, and these top steel stocks are among those best positioned to capitalize on the opportunity—analysts at FitchRatings project steel demand to grow by as much as 30 mill...

EU approves German state aid to ArcelorMittal for decarbonisation

The EU Commission on Friday said it had approved 1.3 billion euros ($1.41 billion) in German state aid for steel producer ArcelorMittal to help it decarbonise part of its production processes.

ArcelorMittal's (MT) Q4 Earnings Beat Estimates, Sales Miss

ArcelorMittal's (MT) Q4 earnings beat expectations, while revenues fall short of the estimate due to a fall in average steel selling prices.


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