Steel giant ArcelorMittal is investing $1.2 billion to build an Alabama mill slated to produce advanced steel by 2027 for hybrid and electric vehicle motors to feed into the U.S. supply chain.
The new facility will produce up to 150,000 metric tons of non-grain-oriented electrical steel (NOES) annually, that will be ...
IndustryWeek editors write about that and trends in CEO hiring, big investments from three companies to support electricity-hungry industries and a new contract for GE ...
Steel producer ArcelorMittal (MT) is facing some issues lately, especially with the ongoing troubles with the U.S. Steel (X) ...
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Zacks.com on MSNArcelorMittal to Build Advanced NOES Manufacturing FacilityArcelorMittal S.A. MT announced to progress with its plans to build a non-grain-oriented electrical steel (“NOES”) ...
L&T’s Minerals & Metals (M&M) business vertical has bagged a major order to set up a Pellet Plant and a Direct Reduction of ...
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eNCA on MSNArcelorMittal downsizing process to start on 6 FebruaryAracelorMittal is pushing forward with shutting down its long-steel plants.
The recent announcement by ArcelorMittal to close its long-steel plants in Newcastle and Vereeniging has sent shockwaves through the South African steel industry. This decision, driven by challenging ...
However, things are not looking bad for Luxembourg at the moment, according to Henri Reding, country head for Luxembourg at ArcelorMittal since April 2023. The company’s plants in Differdange, Rodange ...
The possible closure of ArcelorMittal South Africa’s long steel plant in Newcastle is a stark reminder of the challenges facing the local and global steel industries amidst weak international ...
This page features the latest news about the ArcelorMittal ADR stock. ArcelorMittal South Africa falls deeper into half-year loss as steel demand falls JOHANNESBURG (Reuters) - Steel producer ...
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