The plant will produce NOES, which is essential for manufacturing larger vehicles such as full-size pickups and SUVs.

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

ArcelorMittal , the world's second largest steelmaker, has not increased steel shipments into the United States to get ahead ...

Deutsche Bank raised the firm’s price target on ArcelorMittal (MT) to $33 from $31 and keeps a Buy rating on the shares. The company’s strong ...

Deutsche Bank raised the firm’s price target on ArcelorMittal (MT) to EUR 32 from EUR 30 and keeps a Buy rating on the shares.Maximize Your ...

The company said it believes demand for steel will improve this year after fewer impairment charges and other exceptional ...

ArcelorMittal said on Thursday that it would build an advanced steel manufacturing facility in Calvert, Alabama, as it seeks ...

ArcelorMittal plans to build an advanced steel manufacturing facility in Calvert, Alabama, to raise its production capacity ...

ArcelorMittal plans to build a $1.2 billion advanced, non-grain-oriented electrical steel (NOES) manufacturing facility in ...

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

ArcelorMittal SA’s South African unit said it is considering a rights issue to recapitalize the cash-strapped business, ...

ArcelorMittal SA CEO Kobus Verster, pointedly criticised the SA Government’s slow and insufficient response to the present steel industry survival crisis in South Africa.