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ArcelorMittal sees rising steel demand

ArcelorMittal to build new steel plant in US to meet auto sector demand

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. automotive sector.

The Wall Street Journal on MSN · 15h

ArcelorMittal Banks on Improved Steel Demand After Booking Narrowed Net Loss

The company said it believes demand for steel will improve this year after fewer impairment charges and other exceptional items led to a narrowed net loss in the last quarter of 2024.

Stocktwits on MSN · 13h

ArcelorMittal Stock Rises Despite Q4 Revenue Miss On Steel Demand Increase Forecast, But Retail Turns Bearish

Shares of ArcelorMittal (MT) surged more than 9% in morning trade on Thursday after the steelmaker posted mixed fourth-quarter earnings. While ArcelorMittal’s fourth-quarter earnings per share (EPS) came in at $0.

Reuters on MSN · 17h

ArcelorMittal sees rising steel demand after strong 4th quarter

By Johan BODINIER and Anna Peverieri (Reuters) - on Thursday forecast improving steel demand for 2025 and said its annual investment budget would be similar to last year's, after its fourth quarter earnings exceeded market expectations.

South Africa, ArcelorMittal

Reuters on MSN · 17h

ArcelorMittal South Africa long-steel closure delayed pending talks

By Nelson Banya (Reuters) -ArcelorMittal South Africa has delayed the closure of its long-steel plant operations by a month pending talks with the government to try to save the business, it said on Thursday.

YAHOO!Finance · 15h

ArcelorMittal Hands South Africa Responsibility for Mill Rescue

ArcelorMittal SA said it’s up to South Africa to keep crucial steel mills open and questioned the government’s industrial policy. Most Read from BloombergCitadel to Leave Namesake Chicago Tower as Emp

Bloomberg L.P. · 18h

ArcelorMittal South Africa Weighs Rights Issue, Shares Plunge

ArcelorMittal SA’s South African unit said it is considering a rights issue to recapitalize the cash-strapped business, triggering a plunge in its stock.

17h

ArcelorMittal plans no preemptive US steel shipments ahead of tariffs, CFO says

ArcelorMittal , the world's second largest steelmaker, has not increased steel shipments into the United States to get ahead ...

15hon MSN

ArcelorMittal to build $900M steel plant in Alabama to meet U.S. auto sector demand

ArcelorMittal plans to build an advanced steel manufacturing facility in Calvert, Alabama, to raise its production capacity ...

WKRG Mobile on MSN6h

ArcelorMittal to build facility in Calvert, expected to bring over 1,000 jobs

ArcelorMittal has plans to build a manufacturing facility in Calvert, according to the Mobile Chamber of Commerce. The Mobile ...

Business Facilities6h

ArcelorMittal Investing $1.2B For Steel Mill In Alabama

ArcelorMittal plans to build a $1.2 billion advanced, non-grain-oriented electrical steel (NOES) manufacturing facility in ...

12h

Governor Ivey announces new $1.2B steel plant, creating 200 jobs in Mobile County

MONTGOMERY, Ala. (WBMA) — Governor Kay Ivey announced Wednesday an advanced steel manufacturing facility is coming to Mobile ...

9hon MSN

Plans still on track for $1.2 billion electrical steel plant, 200 jobs in Mobile County

ArcelorMittal, an European-based steel manufacturer, announced Thursday it will invest $1.2 billion into a Mobile County ...

Recycling Today6h

ArcelorMittal selects Alabama for electrical steel plant

The company will expand its campus in Calvert, Alabama, to make 150,000 metric tons per year of nongrain-oriented electrical ...

The Financial Express7h

ArcelorMittal Ebitda down 56% annually

Operating results for the year were impact due to weaker prices in the Indian market on account of China imports, the company ...

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