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The Latest Breaking News from ArcelorMittal

Methane emissions from gas flaring being hidden from satellite monitors

Use of enclosed combustors leaves regulators heavily reliant on oil and gas companies’ own flaring data

The Guardian - UK

Italy Takes Over Troubled Steel Mill

Following months of unsuccessful talks, the Italian government Monday launched a temporary state takeover of a troubled steel mill that that is majority-owned by steel giant ArcelorMittal, according to sources close to the situation.

International Business Times

Chance For Italy's Toxic Steelworks To Finally Go Green

Doctor Maria Grazia Serra's patients have been "breathing, eating and drinking" toxins from Taranto's steelworks for decades, but a dispute over the vast Italian plant could finally see its ecological conversion.

International Business Times

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ArcelorMittal Wants 'Amicable' Deal On Italy Steelworks

ArcelorMittal has again offered to sell its stake in a huge Italian steelworks after Rome moved to put it under state supervision, according to a letter cited by the ANSA news agency Saturday.

International Business Times

ArcelorMittal to invest €1.8 billion to decarbonise its northern France site

Steelmaker ArcelorMittal is to invest up to 1.8 billion euros to reduce carbon emissions at its Dunkirk steelworks, with financial support from the state, the French government announced Sunday.

Radio France Internationale

Kazakhstan mine fire death roll rises to 42

Kazakhstan's emergency ministry says the death toll from a fire at a coal mine has risen to 42

The Independent UK

Dozens of miners killed in fire inside Kazakhstan coal mine

Rescue operation under way to find missing miners after methane explosion at a mine owned by steel giant ArcelorMittal.

Al Jazeera

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At least 21 dead in Kazakhstan coal mine fire

A coal mine fire in central Kazakhstan has killed at least 21 workers while another 25 remained unaccounted for, the operating company ArcelorMittal Temirtau said in a statement

The Independent UK

Fire at ArcelorMittal mine in Kazakhstan more than 30 people

Kazakhstan said on Saturday that 32 people were killed in a fire in yet another deadly accident in a mine owned by ArcelorMittal, with over a dozen still missing, in the Central Asian country's worst disaster in years.

France 24

3 Stocks to Add Some Exposure to Steel

After a challenging 2022, the steel demand is expected to rise thanks to the reopening of the Chinese economy, easing inflation, and America’s infrastructure development initiatives. To that end, it could be wise to buy fundamentally strong steel stocks ArcelorMittal (MT), Commercial Metals Company (CMC), and Aperam (APEMY). Read more.

StockNews.com

US company gets $120 million boost to make 'green steel'

The manufacture of “green steel” moved a step closer Friday as Massachusetts-based Boston Metal announced a $120 million investment to help it produce steel that is far less damaging to the climate than traditional steel

The Independent UK

New home for steel manufacturer ArcelorMittal

Company has taken new space at Friars Gate in Solihull

Birmingham Post

Five dead after methane leak at ArcelorMittal coal mine in Kazakhstan

Five people died and four others were hospitalised after a methane gas leak at an ArcelorMittal coal mine in Kazakhstan on Thursday, the company said.

Reuters

Recession fears shake Germany as energy costs hit business

Olaf Scholz travels to UAE to secure gas supplies amid concern that crisis is out of control

The Guardian - UK

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InsideEVs

Atlis To Use ArcelorMittal's Steel Know-How To Speed Up XT EV Project

Atlis Motor Vehicles will use ArcelorMittal's S-in motion pickup truck model, as well as cab and box designs to help guide the design of the XT.

Benzinga

5 Value Stocks To Watch In The Basic Materials Sector

The Meaning Behind Value Stocks A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.

Benzinga

Looking At ArcelorMittal's Recent Whale Trades

Someone with a lot of money to spend has taken a bullish stance on ArcelorMittal (NYSE:MT). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

The Hindu

In Davos, Karnataka succeeded in attracting ₹60,000 crore investment: Bommai

Many MNCs have assured of investment in the State in the coming days, says CM

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Benzinga

ArcelorMittal: Q1 Earnings Insights

ArcelorMittal (NYSE:MT) reported its Q1 earnings results on Thursday, May 5, 2022 at 01:00 AM. Here's what investors need to know about the announcement.

Insider UK

Aberdeen recycling firm John Lawrie Metals acquired by steel giant ArcelorMittal

The company will join the empire partly owned by billionaire Lakshmi Mittal

RideApart

Nebrija University And ArcelorMittal Make 3D-Printed Steel Frame

Madrid’s Nebrija University and multinational iron and steel company ArcelorMittal partner to create the first lightweight 3D-printed steel motorcycle frame.

Chicago Tribune

Indiana steel mill to pay $3 million for dumping toxins into Lake Michigan tributary that led to fish kill and beach closures

One of the biggest polluters of Lake Michigan agreed Monday to pay $3 million in fines after a previous owner dumped a plume of concentrated ammonia and cyanide into a northwest Indiana tributary and then failed to warn neighbors until thousands of dead fish floated past a marina days later.

Chicago Sun-Times

Cyanide spill in Lake Michigan tributary leads to $3 million settlement

The spill of cyanide and ammonia at the former ArcelorMittal plant killed almost 3,000 fish in 2019.

StockNews.com

Infrastructure in 2022: The Complete Investors Guide

Improving America’s infrastructure is one rare area of bipartisan agreement. According to Gallup, 68% of Americans expressed support for infrastructure spending. The Infrastructure Jobs and Investment Act was passed at the end of last year and will benefit stocks like Rio Tinto (RIO), Cummins (CMI), ArcelorMittal (MT), Eaton (ETN), and…

Benzinga

Recap: ArcelorMittal Q4 Earnings

ArcelorMittal (NYSE:MT) reported its Q4 earnings results on Thursday, February 10, 2022 at 01:00 AM. Here's what investors need to know about the announcement.

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