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...Greensill Bank’s administrator, ArcelorMittal and Trafigura declined to comment....
...It also greenlighted a French package of up to €850mn to help fund a plan to decarbonise ArcelorMittal’s plant in Dunkirk....
...ArcelorMittal threatened to walk away, but instead agreed to form a joint venture with the public investment agency to run the plant together....
...ArcelorMittal declined to comment....
...ArcelorMittal on Monday declined to comment on the details of the agreement and whether or not it would be compensated for the assets....
...ArcelorMittal: Shares in the Luxembourg-based metals group advanced 3.2 per cent after JPMorgan lifted its rating to buy from neutral....
...ArcelorMittal confirmed that the ship was due to carry its cargo. Oleksandr Kubrakov, Ukraine’s infrastructure minister, said the iron ore was destined for China....
...In Germany, Thyssenkrupp has secured €2bn, while ArcelorMittal will get a package worth as much as €850mn in France. This may make sense in some locations, but not everywhere....
...A joint statement signed by companies attending the Antwerp conference, including ExxonMobil, TotalEnergies, ArcelorMittal and Ineos, said industry would need to increase investment in the EU by six times...
...Earnings are also due from 3i Group, ArcelorMittal, Auto Trader, B&M European Value Retail, Flutter Entertainment, Leonardo, National Grid, Pirelli, Tate & Lyle, Telefónica, Veolia, WHSmith and Wizz Air....
...threshold] already . . . but at the same time you’re being told you have to set a 1.5C target,” said Nicola Davidson, vice-president for sustainable development and corporate communications at steelmaker ArcelorMittal...
...ArcelorMittal said it expected demand for steel to rebound this year even as it reported a 75 per cent drop in fourth-quarter earnings....
...Then you add another handicap,” says Laurent Plasman, chief marketing officer at ArcelorMittal Europe....
...Zelenskyy met government and business leaders in the Swiss resort, including JPMorgan Chase chief executive Jamie Dimon, Blackstone Group chair Stephen Schwarzman and Lakshmi Mittal, founder of steel giant ArcelorMittal...
...with Rome to process Italian asylum claims Now read these ‘Drastic intervention’: Italy plans to put the Ilva steel plant into administration, following a bitter dispute with the controlling shareholder ArcelorMittal...
...Under chief executive Lourenco Goncalves, Cleveland-Cliffs has already expanded, acquiring AK Steel and ArcelorMittal’s US operations in 2020 for $6bn in total....
...interest rate announcement Japan: December trade balance figures (AM local time) UK: Royal Institute of Chartered Surveyors House Price Survey Results: Anglo American Q4 production report, Allstate Q4, ArcelorMittal...
...Thyssenkrupp has been awarded €2bn by the German government to support its hydrogen-based investment plans, while ArcelorMittal in 2023 was promised a total of €1.2bn by various European governments for...
...The vessel was docking to collect iron ore for steel giant ArcelorMittal....
...ArcelorMittal has in recent months announced plans to invest billions of euros to reduce harmful carbon emissions at four of its sites in Europe....
...He points to ArcelorMittal’s “decarbonisation road map” in South Africa as an example....
...In London Glencore fell 0.9 per cent and Rio Tinto shed 1 per cent while ArcelorMittal fell 1.3 per cent in Luxembourg. For more on today’s markets, click here....
...In Belgium, ArcelorMittal's plan to build a DRI plant as well as two new electric arc furnaces is being supported by funding from the federal and state governments....
...In recent years, Cliffs bought AK Steel and the US operations of ArcelorMittal for $6bn in total. Adding US Steel would reinforce the kingpin status of Cliffs....
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