The global steelmaker lifted its net income in the second quarter of 2025 compared with the first three months and has surpassed its 2024 profit pace. “Section 232 tariffs have also increased costs ...
(Reuters) - ArcelorMittal said on Thursday that it would build an advanced steel manufacturing facility in Calvert, Alabama, as it seeks to increase its production capacity to meet demand from the U.S ...
Despite being offered billions in subsidies, steel giant ArcelorMittal has suspended plans to transition to green steel production in Germany. Is this an isolated case — or a warning sign for the ...
In a move tied to the transaction, steelmaker ArcelorMittal says it has completed its acquisition of Nippon Steel’s stake in a Calvert, Alabama, mill complex. One commitment listed in a June 18 press ...
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 ...
US Steel (NYSE:X) quickly rose 1.4% on some speculation that a Japanese company may join ArcelMittal (NYSE:MT) in a potential offer for the U.S. steelmaker. There's speculation that Japan's Nippon ...
ArcelorMittal agreed to purchase Nippon Steel Corporation's 50% stake in the steel companies' U.S. joint venture Calvert. Luxembourg-based ArcelorMittal said it entered into the agreement to allay ...
Northwest Indiana is making much stronger grades of steel for the next generation of lighter automobiles. Steelmaker ArcelorMittal cranks out a number of advanced high-strength steels that are ...
US Steel (NYSE:X) quickly ticked higher, though it has since gone negative amid a report that ArcelorMittal (NYSE:MT) is in the lead position to acquire the steelmaker. ArcelorMittal (MT) is ...
PARIS (Reuters) -France and other European countries will push for measures to protect the European steel industry against Chinese imports, French government spokesperson Sophie Primas said on ...
ArcelorMittal S.A. MT recently announced that it has signed a definitive equity purchase agreement with Nippon Steel Corporation ("NSC") to acquire NSC's 50% equity stake in the AM/NS Calvert joint ...