The bid, to be primarily funded by IDC, would include repaying a loan extended by ArcelorMittal to its South African unit, ...

ArcelorMittal has entered into a sale and purchase agreement to divest its operations in Bosnia and Herzegovina to Pavgord Group. The divesture will include the integrated steel plant, ArcelorMittal ...

ArcelorMittal South Africa’s November 2023 announcement that it planned to shut two steel mills that produce grades that are ...

ArcelorMittal (NYSE:MT) said Thursday it plans to build an advanced steel manufacturing facility in Calvert, Alabama, to raise its production capacity to meet demand from the U.S. automotive sector.

MONESSEN, Pa. (AP) -- ArcelorMittal says it will spend $50 million to upgrade and restart a coke plant near Pittsburgh, adding more than 100 jobs in the process. Plant manager Paul Champagne says the ...

In order for the Ukrainian steel industry to be competitive, the cost of electricity should be the same as for producers from ...

The IDC is considering an R8.5 billion bid for control of ArcelorMittal South Africa, a move that could rescue the threatened steelworks.

ArcelorMittal (NYSE:MT) said it canceled plans to convert two plants in Germany to carbon-neutral steel production because the country's energy costs were too high, Reuters reported Friday, in the ...

A fatal accident occurred at ArcelorMittal Nippon Steel India's facility in Surat, Gujarat, when a tower crane collapsed. One ...

(Reuters) - ArcelorMittal said on Thursday that it would build an advanced steel manufacturing facility in Calvert, Alabama, as it seeks to increase its production capacity to meet demand from the U.S ...

(This March 10 story has been refiled to say only some activities are halted, not all, in the headline and paragraph 1) (Reuters) - ArcelorMittal on Monday announced a more than 270 million euro ($275 ...

ALGIERS (Reuters) - A nine-day strike at ArcelorMittal's steel complex in Algeria has ended after the company agreed to worker demands that it keep a coking plant open, a union representative said on ...