Mark Renders/Getty Images News ArcelorMittal (NYSE:MT) said Thursday it will temporarily shut down one of two blast furnaces at its Fos-sur-Mer plant in the south of France due to high energy prices and weaker demand for steel. Europe’s biggest steelmaker said it will shut the blast furnace from December, and will adjust working hours for … Read more
The company said it was continuing rescue work at the mine in the Qaraghandy region in central Kazakhstan The company said it was continuing rescue work at the mine in the Qaraghandy region in central Kazakhstan Five people died and four others were hospitalised after a methane gas leak at an ArcelorMittal coal mine in … Read more
Phynart Studio/E+ via Getty Images ArcelorMittal’s (NYSE:MT) India joint venture with Nippon Steel said on Friday it agreed to acquire certain infrastructure assets from Essar Group for $2.4B, as it seeks to strengthen its steelmaking business in the country. ArcelorMittal Nippon Steel (MT) said the purchase includes power and port assets as well as other … Read more
ArcelorMittal commences a new ~$1.4B share buyback program Source link