Global steel giant ArcelorMittal has reduced its loss to USD 390 million during the fourth quarter ended December 31, 2024.

ArcelorMittal reported a Q4 loss of USD 390 mn, down from USD 2,966 mn in 2023. Crude steel production rose to 14 MT in Q4, ...

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 ...

The cessation of operations at the Pokrovske mining group, which includes the Pokrovske Coal, due to changes on the frontline ...

South African-based ArcelorMittal reportedly losing between 46 to 52 per cent per share; Baffinland spokesperson says no ...

President Donald Trump unveiled higher tariffs on steel and aluminium imports on Monday night in a measure that UK producers ...

Europe's defense stocks have risen by a weighted average of around 200% since Russia's full-scale invasion of Ukraine in February 2022, and so it is very likely they will pull back if a cease-fire is ...

It said it would divest from the Alabama mill it jointly owns with ArcelorMittal at a substantial loss to address any antitrust concerns that could come up. It said it has a history of expanding ...

According to regulatory filings, Springway owns land bearing limestone in Panna ... AM Mining India, a joint venture between ArcelorMittal and Nippon Steel, Oaktree Capital-backed India Opportunities ...

ArcelorMittal said it is considering the possibility of moving some business support activities to India from Europe to cut ...

Steel producer ArcelorMittal (MT) is facing some issues lately, especially with the ongoing troubles with the U.S. Steel (X) ...