European stocks edge lower; earnings season in full flow
By Peter Nurse Investing.com - European stock markets traded marginally lower Thursday, with turmoil in the crypto market dampening sentiment while investors continued to digest U.S....
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ArcelorMittal News & Analysis
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ArcelorMittal profit falls sharply on higher costs, weaker demand
By Geoffrey Smith Investing.com -- ArcelorMittal SA (AS:MT), the world’s second-largest steelmaker, said its profits dropped in the third quarter, hurt by both high energy costs and...
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Dow Jones Newswires: ArcelorMittal profit misses forecasts, as shipments fall, energy costs rise
ArcelorMittal said its result reflected lower average steel selling prices, lower volumes, higher energy costs and that the economic outlook for the industry in the short term remains...
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ArcelorMittal’s Q3 profit beats expectations on energy savings
BRUSSELS (Reuters) – ArcelorMittal, the world’s second largest steelmaker, on Thursday reported higher than expected third-quarter earnings as cost cutting and energy savings offset...
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5 dead after methane leak at ArcelorMittal coal mine in Kazakhstan
Five people died and four others were hospitalised after a methane gas leak at an ArcelorMittal coal mine in Kazakhstan
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Five dead after methane leak at ArcelorMittal coal mine in Kazakhstan
NUR-SULTAN (Reuters) – Five people died after a methane gas leak at an ArcelorMittal coal mine in Kazakhstan on Thursday, the company said, and four more people have been...
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JSW Steel eyes 50 MT capacity by 2030 via greenfield, brownfield options
Jindal's growth plans are in sync with the country's target of doubling crude steel capacity to 300 mt of crude steel capacity in the next 9-10 years
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Over 10 million MT paddy procured in Punjab, 5.2 mn MT from Haryana
More than 105 lakh metric tonnes (MT) paddy arrived in marketing yards in Punjab, out of which 104 lakh MT paddy was procured till Saturday
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ArcelorMittal looks to supply steel for proposed bullet train project
ArcelorMittal's arm AMNS India is eyeing to supply high strength special steel for the proposed bullet train project in India. AMNS India Chairman Aditya Mittal on Friday announced a Rs...
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ArcelorMittal arm AMNS India to invest Rs 60,000 crore to expand Hazira plant: Chairman Aditya Mittal
The investment will also be for installation of new steel making technologies, setting up new-age machineries and increase product mix, he said. Mittal said a round-the-clock renewable...
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PM Narendra Modi lauds India's steel sector progress while laying foundation of ArcelorMittal's Hazira plant expansion
"Earlier we had to import high-grade steel for defence sector, but now steel used in building INS Vikrant was made in India," PTI quoted the Prime Minister as saying while praising the...
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Gujarat: PM Modi to virtually attend 'bhoomi pujan' of ArcelorMittal Nippon Steel's Hazira plant expansion
The company was early this month awarded an environmental clearance to expand the capacity at its plant in Hazira from the current crude steel capacity of 9 million tonnes per annum (MTPA)...
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Over 8,100,000 MT paddy procured so far in Punjab during Kharif season
More than 81 lakh metric tonne of paddy has been procured so far in the ongoing Kharif marketing season in Punjab, a senior official said on Thursday. Additional Chief Secretary Anurag...
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BHP Group, ArcelorMittal trial carbon capture at Europe, US steel plants
LONDON (Reuters) – BHP Group is teaming up with steelmaker ArcelorMittal and two others to test a new technology to reduce carbon emissions in steel making at two plants in Belgium and...
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Chhattisgarh eyes 11 million MT paddy procurement in 2022-23: Official
About 110 lakh metric tonnes (MT) of paddy is estimated to be procured at the minimum support price (MSP) in the ongoing kharif marketing season from farmers in Chhattisgarh, a government...
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ArcelorMittal partners with S Africa's Sasol to boost hydrogen economy
A partnership between ArcelorMittal SA (AMSA) and South Africa's homegrown petrochemicals giant Sasol to develop a green hydrogen hub in Saldanha Bay is expected to give a huge boost to the...
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India's bankruptcy court approves ArcelorMittal arm's resolution plan for Uttam Galva Steels
Uttam Galva Steels was put under the 'Corporate Insolvency Resolution Process (CIRP)' on an application made by the State Bank of India SBI for not repaying its debts.
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NCLT approves ArcelorMittal subsidiary’s resolution plan for Uttam Galva Steel
“It (resolution plan) shall be binding on the corporate debtor, its employees, members, creditors, including the central government, any state government or any local authority to whom a...
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JSW Steel's combined production grows 12% to 5.68 MT in Jul-Sep
The production at 5.68 MT was 3 per cent down compared to 5.88 MT in April-June period of ongoing fiscal year.
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JSW Steel reports combined production growth of 12% to 5.68 MT in Jul-Sep
JSW Steel has reported a 12 per cent year-on-year growth in its combined steel production at 5.68 million tonne (MT) in the quarter ended September 2022. In the year-ago-period, its combined...
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India's crude steel output rise by 2.5% at 30 MT in Jul-Sep: Report
India's crude steel output rose by 2.56 per cent to 30.06 million tonne (MT) during the July-September period of the ongoing financial year. As per research firm SteelMint, the top six steel...
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Tamil Nadu power utility plans importing 22 MT coal to meet requirements
The Tamil Nadu Generation and Distribution Company will be importing 22 lakh metric tonnes of coal during the current financial year. Of this 7.2 lakh MT of coal will be imported in February...
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Turning point: new tech and developments for a new future of ship recycling presented at the Lab
Stakeholders that are pioneering a new future for sustainable ship recycling gathered in Rotterdam at the NGO Shipbreaking Platform’s Ship Recycling Lab: Transformation through Innovation....
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ArcelorMittal earnings, Revenue beat in Q2
Investing.com - ArcelorMittal reported on Thursday second quarter {{erl-6910||earnings that beat analysts' forecasts and revenue that topped expectations. ArcelorMittal announced earnings...
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ArcelorMittal earnings, Revenue beat in Q1
Investing.com - ArcelorMittal reported on Thursday first quarter {{erl-6910||earnings that beat analysts' forecasts and revenue that topped expectations. ArcelorMittal announced earnings...
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European Stocks Surge Higher; Shell Posts Record First Quarter Profit
By Peter Nurse Investing.com - European stock markets traded firmly higher Thursday, with investors digesting mainly strong corporate earnings after the Federal Reserve tempered expectations...
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ArcelorMittal earnings, Revenue beat in Q4
Investing.com - ArcelorMittal reported on Thursday fourth quarter {{erl-6910||earnings that beat analysts' forecasts and revenue that topped expectations. ArcelorMittal announced earnings...
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European Stocks Higher; Central Bank Meetings Seen as Key
By Peter Nurse Investing.com - European stock markets traded higher Tuesday, rebounding from a weak start to the week as investors digested the spread of the Omicron Covid variant ahead of...
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ArcelorMittal earnings beat, Revenue misses in Q3
Investing.com - ArcelorMittal reported on Thursday third quarter {{erl-6910||earnings that beat analysts' forecasts and revenue that fell short of expectations. ArcelorMittal announced...
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ArcelorMittal earnings, Revenue beat in Q2
Investing.com - ArcelorMittal reported on Thursday second quarter {{erl-6910||earnings that beat analysts' forecasts and revenue that topped expectations. ArcelorMittal announced earnings...
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ArcelorMittal earnings beat, Revenue misses in Q1
Investing.com - ArcelorMittal reported on Thursday first quarter {{erl-6910||earnings that beat analysts' forecasts and revenue that fell short of expectations. ArcelorMittal announced...
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