ArcelorMittal sees rising steel demand

ArcelorMittal Banks on Improved Steel Demand After Booking Narrowed Net Loss
The company said it believes demand for steel will improve this year after fewer impairment charges and other exceptional items led to a narrowed net loss in the last quarter of 2024.
ArcelorMittal to build new steel plant in US to meet auto sector demand
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. automotive sector.
Loss narrows in fourth quarter for mining giant ArcelorMittal
Luxembourg-based steel and mining giant ArcelorMittal SA reported on Thursday that its loss had narrowed in the fourth quarter compared to the same period of the previous year as a result of slightly higher sales.
ArcelorMittal Stock Rises Despite Q4 Revenue Miss On Steel Demand Increase Forecast, But Retail Turns Bearish
Shares of ArcelorMittal (MT) surged more than 9% in morning trade on Thursday after the steelmaker posted mixed fourth-quarter earnings. While ArcelorMittal’s fourth-quarter earnings per share (EPS) came in at $0.
ArcelorMittal sees rising steel demand after strong 4th quarter
By Johan BODINIER and Anna Peverieri (Reuters) - on Thursday forecast improving steel demand for 2025 and said its annual investment budget would be similar to last year's, after its fourth quarter earnings exceeded market expectations.
ArcelorMittal plans no preemptive US steel shipments ahead of tariffs, CFO says
ArcelorMittal , the world's second largest steelmaker, has not increased steel shipments into the United States to get ahead ...
ArcelorMittal to build $900M steel plant in Alabama to meet U.S. auto sector demand
ArcelorMittal plans to build an advanced steel manufacturing facility in Calvert, Alabama, to raise its production capacity ...
ArcelorMittal to build new electrical steel manufacturing facility in Calvert
A new $1.2 billion electrical steel manufacturing facility is coming to Calvert and is expected to bring more than 200 permanent jobs to the area.
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ArcelorMittal Investing $1.2B For Steel Mill In Alabama
ArcelorMittal plans to build a $1.2 billion advanced, non-grain-oriented electrical steel (NOES) manufacturing facility in ...
Why ArcelorMittal SA (MT) Advanced on Thursday
We recently compiled a list of the Impressive Earnings, Fresh Deals Propel Prices of These 10 Firms. In this article, we are ...
ArcelorMittal Hands South Africa Responsibility for Mill Rescue
ArcelorMittal SA’s South African unit said it is considering a rights issue to recapitalize the cash-strapped business, ...
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ArcelorMittal to build facility in Calvert, expected to bring over 1,000 jobs
ArcelorMittal has plans to build a manufacturing facility in Calvert, according to the Mobile Chamber of Commerce. The Mobile Chamber’s release said it will cost $1.2 billion and is an advanced, ...
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ArcelorMittal selects Alabama for electrical steel plant
The company will expand its campus in Calvert, Alabama, to make 150,000 metric tons per year of nongrain-oriented electrical ...
Plans still on track for $1.2 billion electrical steel plant, 200 jobs in Mobile County
ArcelorMittal, an European-based steel manufacturer, announced Thursday it will invest $1.2 billion into a Mobile County ...
ArcelorMittal South Africa faces R5.1bn loss amid longs division closure talks
Amsa had planned to shutter its longs division at the end of this month, but this has been delayed by a month as talks ...