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

ArcelorMittal, whose North American operations are headquartered in Schererville, made $1.3 billion in profits last year amid challenging conditions for the steel industry.

Although ArcelorMittal announced it will close its long steel business at the end of January, it will now see if it can find ...

Money for clean industry–related projects fell by nearly 60 % last year compared with 2023 — even as investment in the ...

Global steel giant ArcelorMittal has reduced its loss to USD 390 million during the fourth quarter ended December 31, 2024.

Tata Steel UK has received approval for its state-of-the-art Electric Arc Furnace project in Port Talbot, South Wales. The 1.25-billion-pound investment, supported by government funding, aims to cut ...

Reports Q4 revenue $14.71B vs. $14.55B last year. Commenting, Aditya Mittal, ArcelorMittal (MT) CEO, said: “2024 saw the completion of the dss+ ...

This facility, which is nearing completion, features river terminal, hot strip mill, cold rolling mill, hot dip galvanising ...

The company will expand its campus in Kalvert, Alabama, to produce 150,000 metric tons per year, of electric steel.