(Reuters) - ArcelorMittal, the world's second largest steelmaker, has not increased steel shipments into the United States to get ahead of President Donald Trump's potential tariffs, the group's ...
There are about 450 ArcelorMittal employees in the bargaining unit, according to Steve Ackerman, a USW International representative.
The global steelmaker lifted its net income in the second quarter of 2025 compared with the first three months and has surpassed its 2024 profit pace. “Section 232 tariffs have also increased costs ...
Nippon Steel said it agreed to sell its stake in a joint venture with ArcelorMittal to the European steelmaker in a bid to address antitrust concerns over its planned acquisition of U.S. Steel.
The buyout of Nippon Steel’s stake in the Calvert, Alabama, mill pertains to the Japanese company’s intended acquisition of U.S. Steel. The transaction is subject to NSC completing its pending ...
After divesting its steel mills along the lakeshore in Northwest Indiana, ArcelorMittal is teaming up with Nippon Steel to invest an estimated $600 million in its much newer AM/NS Calvert mill in ...
(Reuters) - 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 ...
ArcelorMittal (the “Company”, “Group”) announces it has entered into a definitive Equity Purchase Agreement (the “Agreement”) with Nippon Steel Corporation (“NSC”) pursuant to which ArcelorMittal will ...
The S&P Steel Index is gaining in 2025, buoyed by a combination of tariff leverage, robust balance sheets, and strong returns on capital. Year to date, the S&P Steel Sub-Industry Index is up 8.40% as ...
TOKYO, Oct 11 (Reuters) - Nippon Steel (5401.T), opens new tab said on Friday it will sell its entire 50% stake in a joint-venture steel plant it has in Calvert, Alabama, with ArcelorMittal (MT.LU), ...
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