ArcelorMittal downgraded toNeutral at Morgan Stanley, saying the run-up in the stock is out of sync with the earnings impact from any potential Ukraine rebuild.

An increase in ferrous scrap pricing almost certainly felt long overdue. While winter weather can be unhelpful in terms of ...

European steel prices are expected to climb as protectionist policies and decarbonization efforts reshape the market, according to Bank of America (BofA) strategists. A potential demand rebound by ...

There are multiple base metals needed for blacksmithing in Kingdom Come: Deliverance 2; here's how to get them to crafter ...

The company will expand its campus in Calvert, Alabama, to make 150,000 metric tons per year of nongrain-oriented electrical ...

ArcelorMittal's sales in 2024 declined by 8.5% to $62.4 billion, as average steel selling prices fell by 7.6% and shipments slipped by 2.4%. Average steel selling prices in the fourth quarter in ...

The company said, “The Company expects world ex-China apparent steel consumption to grow by 2.5% to 3.5% in 2025 as compared to 2024, which is ...

Further, the Board proposes to increase the annual base dividend to shareholders to $0.55/share in fiscal 2025, from last year's $0.50 per share. It will be paid in two equal installments in June 2025 ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

Exports remained depressed. Continued economic stress in big ticket European nations – a lull in restocking or trading activities despite a m-o-m rise in steel prices - were visible with Italy ...

U.S. Steel is fighting in court to save its sale to Tokyo-based Nippon Steel, while dealing with an activist investor aiming to replace its CEO. And on Thursday, it forecast profits continuing to ...