4 articles
ArcelorMittal expects a $1 billion impairment charge after suspending operations at its Ukrainian Kryvyi Rih plant due to safety concerns from Russian missile strikes. The company plans to preserve in
South African trade authorities proposed tariff increases on steel imports to protect the domestic industry from low-priced foreign products. The proposal includes duties up to 20% to address supply c
ArcelorMittal raised $667 million by selling a 10% stake in steel tube manufacturer Vallourec, retaining 17.3% ownership after the transaction valued the subsidiary at roughly 6 billion euros.
ArcelorMittal's CFO forecasts continued high EU steel imports before new quotas take effect, citing geopolitical disruptions. The Luxembourg-based firm also posted Q1 core earnings of $1.68 billion, s
ChemBrief