ArcelorMittal Stock News

Arcelor is closing down its second biggest steelmaking site in the world.

Global steel giant ArcelorMittal has stopped production at its Kryvyi Rih facility in Ukraine amid the ongoing conflict between the eastern European country and Russia

ArcelorMittal <> turns lower after the company said it will halt its Kryvyi Rih steelmaking operations in Ukraine to ensure the safety and security of its people and assets; the…

ArcelorMittal says it bought John Lawrie Metals as part of a drive to lower CO2 emissions from steelmaking.

The company will join the empire partly owned by billionaire Lakshmi Mittal

Pune, March 02, 2022 (GLOBE NEWSWIRE) -- Global Steel Pipe Market Analysis and Insights: In 2020, the global Steel Pipe market size was US$ 42580 million and it is expected to reach US$ 51490 million by the end of 2027, with a CAGR of 2.2% during 2021-2027. Global " Steel Pipe Market " is a comprehensive research that provides information regarding Steel Pipe market size, trends, growth, cost structure, capacity, revenue, and forecast for 2027. This report also includes the overall study of the Steel Pipe Market share with all its aspects influencing the growth of the market. This report is exhaustive quantitative analyses of the Steel Pipe industry and provides data for making strategies to increase Steel Pipe market growth and effectiveness. The report further investigates and assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the Steel Pipe market. Request for a Sample PDF of Report at https://www.industryresearch.biz/enquiry/request-sample/18683484 About Steel Pipe Market: Pipes are used mainly for transportation of fluids and gases like water, oil, gas, propane etc.

A coking coal sell tender run recently by ArcelorMittal represented a significant milestone for the market due to its unparalleled transparency, several market participants told S&P Global Platts in recent days, though they added that there was some room for improvement in some aspects of how the tender was run. ArcelorMittal conducted the sell tender for a cargo of premium…

CONTRECŒUR, QC and LONGUEUIL, QC , Feb. 27, 2022 /CNW Telbec/ - ArcelorMittal Long Products Canada is proud to announce the renewal of the three collective agreements with its employees from the Contrecoeur-East and Longueuil complexes, and its offices. On Sunday, February 27 , ArcelorMittal Long Products Canada''s 800 employees ratified, with a strong majority, the principle agreement previously recommended to them by their union executives. François Perras, Chief Executive Officer, consider the outcome of this negotiation to be aligned with the company''s objectives "We are in a new era and ArcelorMittal Long Products Canada is committed to the values of sustainable development. It is important for us, yes, to take care of our planet and to make sustainable steel, and this includes first and foremost taking care of our people. We are very proud of the innovations introduced in these collective labour agreements, and we count on each of our employees to continue the development of our company!".

U.S. Steel, ArcelorMittal, and Cleveland-Cliffs will profit from a Russia-less steel market.

U.S. Steel, ArcelorMittal, and Cleveland-Cliffs will profit from a Russia-less steel market.

The ArcelorMittal Kryvyi Rih team is working to reduce production to a technical minimum and will stop production at mines, ArcelorMittal said on Twitter.

The current dirty fuel saga has raised tension across major cities in Nigeria on account of high methanol in the petrol distributed in the country. The process of recalling the tainted batch led to fuel scarcity and the consequent hike in prices and distrust from the public. BusinessDay investigations revealed that the adulterated fuel first arrived in Nigeria in the second week of January. However, having methanol in the fuel supply is not unexpected; it only has to be within certain limits, which for Nigeria has not been made public even though different countries also have their methanol limits. This piece seeks to provide vital details concerning the continuing saga. What is Methanol? According to the Methanol Institute, methanol is a clean-burning, high octane blending component for gasoline that is made from alternative non-petroleum energy sources such as natural gas, coal, and biomass. Methanol with co-solvents has been commercially blended into gasoline (petrol) at various times and locations since the late 1970s.

ArcelorMittal''s resolution plan, which was submitted by Uttam Galva''s resolution professional in June 2021, is pending before the bankruptcy tribunal. The LN Mittal-owned steelmaker formerly held 30% in Uttam Galva and is the only bidder for the company.

The trading price of ArcelorMittal S.A. (NYSE:MT) floating higher at last check on Wednesday, February 16, closing at $31.43, 2.01% higher than its previous close. >> 5 Best Growth Stocks for 2022 << >> 5 Best Growth Stocks for 2022 << Traders who pay close attention to intraday price movement should know that it has … ArcelorMittal S.A. (NYSE: MT): Stock No Longer In Incline? Read More »

And four other top stories on BizNews business news website, 16 February 2022