ArcelorMittal stock recently plunged to a 52-week low of $4.29 a share and remains mired under $5 a share at a time when the steel industry as a whole is struggling. Analysts have called on the ...

GENT, Belgium, May 22, 2024 (GLOBE NEWSWIRE) -- ArcelorMittal and partners Mitsubishi Heavy Industries, Ltd. (MHI), BHP, along with Mitsubishi Development Pty Ltd (Mitsubishi Development) have ...

ArcelorMittal Poland has begun work to prepare Blast Furnace No. 3 for restart once market conditions allow. The total cost of the project is nearly PLN 60 million. The installation was shut down in ...

ArcelorMittal (NYSE:MT) is one of the dirt cheap stocks to buy now. On February 10, ArcelorMittal officially confirmed a €1.3 billion investment to construct a new electric arc furnace/EAF at its ...

ArcelorMittal will idle blast furnace No. 3 at its D?browa Górnicza plant due to unviable margins driven by weak steel prices and high operational costs. The move follows a steep decline in steel ...

ArcelorMittal has restarted a blast furnace, which should help stabilize employment there, but also idled several production lines at its Indiana Harbor steel mill in East Chicago. The ...

ArcelorMittal today confirms the construction of an electric arc furnace (EAF) at its steelmaking site in Dunkirk – a strategic €1.3 billion investment which marks a major step in the decarbonisation ...