Hints and tips:
Related Special Reports
...The historic steelworks is being operated by Acciaierie d’Italia (AdI), a joint venture majority-owned by ArcelorMittal, the Luxembourg-based international steel giant, with Invitalia holding a minority...
...The ArcelorMittal plant is the main steel supplier to Italy’s automotive industry, which includes the likes of Stellantis, Maserati and Ferrari....
...ArcelorMittal has obtained a €140mn freezing injunction in Singapore against Sanjeev Gupta’s Liberty House Group, as part of efforts to enforce an arbitration award against the British steel magnate’s companies...
...A deal would also follow ArcelorMittal’s joint venture with Nippon Steel in India when it signed a five-year LNG agreement with France’s TotalEnergies in 2021....
...The company’s operations in Kazakhstan span iron ore and coal mines, as well as a steel plant....
...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....
...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 levy, ArcelorMittal executives argue, should be expanded to cover a wider scope of products made with a large amount of steel, such as the components used in white goods or machinery....
...Ukraine has sought to reassure shipowners of the viability of its trade corridor through the Black Sea after a cargo ship collecting iron ore for steel giant ArcelorMittal was damaged during a Russian missile...
...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....
...It then bought the US steel mills of ArcelorMittal and AK Steel, its two big customers. “They’ve been incredibly aggressive,” said Fitch Ratings analyst William Van Meerbeke....
...“We felt this [1.5C target] was too big a step-up in terms of ambition given what we see globally, when you look at our footprint, for all the [policy] levers required to accelerate the steel industry’s...
...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 2020, it bought the bulk of the US steelmaking assets of Luxembourg-based ArcelorMittal, the world’s second-largest steelmaker, for $1.4bn in a shares-and-cash deal....
...ArcelorMittal said it expected demand for steel to rebound this year even as it reported a 75 per cent drop in fourth-quarter earnings....
...ArcelorMittal....
...By contrast, the European Commission and its member state governments don’t need support from IG Metall in the Ruhr valley or campaign contributions from ArcelorMittal to get re-elected or reappointed....
...He points to ArcelorMittal’s “decarbonisation road map” in South Africa as an example....
...plant into administration, following a bitter dispute with the controlling shareholder ArcelorMittal....
...Developments HY, PZ Cussons FY, CVS Health Q4, DCC Q3 trading statement, Equinor Q4, Fox Corp Q2, Handelsbanken FY, Hilton Worldwide Holdings Q4, Mattel Q4, News Corp Q2, The New York Times Company Q4, Nippon Steel...
...The vessel was docking to collect iron ore for steel giant ArcelorMittal....
...ArcelorMittal on Thursday said it expected steel demand to recover in 2023 after reporting a near 75 per cent drop in earnings before interest, taxes, depreciation and amortisation to $1.26bn in the final...
...Over the past year top producers like ArcelorMittal, Salzgitter, and ThyssenKrupp have invested billions in coal-free steelmaking plants and made plans to close conventional furnaces....
...At a 20 per cent discount to ArcelorMittal, it would be worth €2.8bn....
...GFG acquired the sites and a facility in Dudelange, Luxembourg, from ArcelorMittal in 2018....
International Edition