Steelmaking giant ArcelorMittal said Thursday it would build a new plant in the United States to produce steel used in electric vehicles, as it posted a surge in annual net profit. The $900-million ...

(WALA) - A new $1.2 billion electrical steel manufacturing facility ... 200 permanent positions to support the plant’s ongoing operations. “ArcelorMittal’s decision to invest more than ...

The closure of ArcelorMittal SA long steel plants in Vereeniging and Newcastle ... under way with Government to save ArcelorMittal SA plant capacity and jobs. ArcelorMittal SA reported a R5.1 ...

ArcelorMittal South Africa has pushed back the planned closure of its long-steel operations by a month, citing ongoing discussions with the government. The company aims to address economic challenges ...

Mittal referenced past tariff impacts of $100 million per quarter but noted that revenue offsets and domestic slab production could ... s Mardyck electrical steel facility and Brazil’s Barra ...

"Today, ArcelorMittal’s $1.2 billion investment strengthens Alabama’s position as a leader in the steel industry." The new plant, wholly owned by ArcelorMittal, will be located near the ...

(Reuters) - ArcelorMittal on Thursday called on the European Union to tighten trade protections and increase support for green investments, as high costs and cheap Chinese imports threaten the bloc's ...

In a separate statement, it said it would build a new steel plant in Calvert, Alabama. ArcelorMittal expects global steel demand growth to be between 2.5% and 3.5% in 2025, excluding China ...

Steelmaking giant ArcelorMittal said Thursday it would build a new plant in the United States to produce steel used in electric vehicles, as it posted a surge in annual net profit. Facebook ...

ArcelorMittal South Africa (Amsa ... This significant downturn signals a crisis in the South African steel market, which is grappling with the bleakest environment since the financial crisis ...

Sales of ArcelorMittal's XCarb low-carbon emissions steel doubled in Europe last year, but the spokesperson said those levels were still low, with 400,000 tonnes sold against 28.7 million tonnes ...

(Reuters) - ArcelorMittal ... 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 world's ...