Category: ArcelorMittal

ArcelorMittal steel output drops by one-fifth in 2020

Impacts from the COVID pandemic and asset sales saw ArcelorMittal report a 20.4% decline in its crude steel production in 2020. “The countries worst affected by COVID were the ones that saw drops in their production,” one industry watcher added about lower production at the group’s assets in Europe, Brazil and the United States. ArcelorMittal…

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Impacts from the COVID pandemic and asset sales saw ArcelorMittal report a 20.4% decline in its crude steel production in 2020. “The countries worst affected by COVID were the ones that saw drops in their production,” one industry watcher added about lower production at the group’s assets in Europe, Brazil and the United States. ArcelorMittal...

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This Morning in Metals: U.S. Steel sells Keystone Industrial Port Complex for $160M

This morning in metals news: U.S. Steel sold the Keystone Industrial Port Complex for $160 million; ArcelorMittal and Nippon Steel will build a new electric arc furnace at their joint venture in Alabama; and, finally, the aluminum price has retraced sl…

This morning in metals news: U.S. Steel sold the Keystone Industrial Port Complex for $160 million; ArcelorMittal and Nippon Steel will build a new electric arc furnace at their joint venture in Alabama; and, finally, the aluminum price has retraced slightly in December. Cut-to-length adders. Width and gauge adders. Coatings. Feel confident in knowing what...

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This Morning in Metals: DOC announces new Aluminum Import Monitoring and Analysis system

This morning in metals news: the Department of Commerce announced the rollout of a new Aluminum Import Monitoring and Analysis system; meanwhile, in steel, ArcelorMittal announced added capacity in Canada for the production of automotive structural and…

This morning in metals news: the Department of Commerce announced the rollout of a new Aluminum Import Monitoring and Analysis system; meanwhile, in steel, ArcelorMittal announced added capacity in Canada for the production of automotive structural and safety components; and finally, the United States Geological Survey reported mine waste in the eastern Adirondacks could be...

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This Morning in Metals: Steel capacity utilization rate reaches 73.2%

This morning in metals news: U.S. steel capacity utilization jumped to 73.2% last week; ArcelorMittal signed an investment agreement with Invitalia; and, lastly, the Aluminum Association congratulated two of President-elect Joe Biden’s cabinet nominations. Become part of the MetalMiner LinkedIn group and stay connected to trends we’re watching and interesting metal facts. U.S. steel capacity…

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This morning in metals news: U.S. steel capacity utilization jumped to 73.2% last week; ArcelorMittal signed an investment agreement with Invitalia; and, lastly, the Aluminum Association congratulated two of President-elect Joe Biden’s cabinet nominations. Become part of the MetalMiner LinkedIn group and stay connected to trends we’re watching and interesting metal facts. U.S. steel capacity...

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This Morning in Metals: ArcelorMittal completes sale of ArcelorMittal USA to Cleveland-Cliffs

This morning in metals news: ArcelorMittal officially completed the sale of ArcelorMittal USA to Cleveland-Cliffs; the Energy Information Administration (EIA) projects energy-related carbon dioxide emissions to fall this year; and the copper price continues its long-term rise. Are you prepared for your annual steel contract negotiations? Be sure to check out our five best practices. …

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This morning in metals news: ArcelorMittal officially completed the sale of ArcelorMittal USA to Cleveland-Cliffs; the Energy Information Administration (EIA) projects energy-related carbon dioxide emissions to fall this year; and the copper price continues its long-term rise. Are you prepared for your annual steel contract negotiations? Be sure to check out our five best practices. ...

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European steel review, Part 1: Central, Eastern Europe offer mixed picture

(Editor’s Note: This is the first of a two-part review of the European steel sector.) While steelmakers east of Berlin are working to meet rising demand, others are facing myriad technical and regulatory challenges. Those challenges include a global pandemic that has severely impacted economies, industry watchers and market participants told MetalMiner. Sign up today…

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(Editor’s Note: This is the first of a two-part review of the European steel sector.) While steelmakers east of Berlin are working to meet rising demand, others are facing myriad technical and regulatory challenges. Those challenges include a global pandemic that has severely impacted economies, industry watchers and market participants told MetalMiner. Sign up today...

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This Morning in Metals: Copper price bounces back

This morning in metals news: the copper price bounced back Tuesday after a down Monday session; ArcelorMittal issued a statement on the European Commission’s policy proposals aimed at reducing emissions; and U.S. oil exports have fallen in each month since February. The MetalMiner 2021 Annual Outlook consolidates our 12-month view and provides buying organizations with…

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This morning in metals news: the copper price bounced back Tuesday after a down Monday session; ArcelorMittal issued a statement on the European Commission’s policy proposals aimed at reducing emissions; and U.S. oil exports have fallen in each month since February. The MetalMiner 2021 Annual Outlook consolidates our 12-month view and provides buying organizations with...

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This Morning in Metals: ArcelorMittal, Nippon Steel to build EAF at Alabama plant

This morning in metals news: ArcelorMittal announced plans to build an electric arc furnace at its joint venture steelmaking facility in Calvert, Alabama; the state of Alabama is kicking in some incentives for the project; and China churned out a recor…

This morning in metals news: ArcelorMittal announced plans to build an electric arc furnace at its joint venture steelmaking facility in Calvert, Alabama; the state of Alabama is kicking in some incentives for the project; and China churned out a record amount of crude steel in July. Stop obsessing about the actual forecasted steel price....

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Despite COVD-19 fallout, some Indian steel executives see signs for optimism

Although domestic demand has been hit hard in India, CEOs of Indian steelmakers see signs for optimism.
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Although domestic demand has been hit hard in India, CEOs of Indian steelmakers see signs for optimism.

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This Morning in Metals: ArcelorMittal to lay off nearly 900 at East Chicago plant

This morning in metals news: ArcelorMittal cited market deterioration in its decision to lay off nearly 900 workers at its plant in East Chicago; Rio Tinto is investing an additional $200 million in its lithium-borate project in Serbia; and the U.S. De…

This morning in metals news: ArcelorMittal cited market deterioration in its decision to lay off nearly 900 workers at its plant in East Chicago; Rio Tinto is investing an additional $200 million in its lithium-borate project in Serbia; and the U.S. Department of Commerce has launched antidumping and countervailing subsidy probes related to metal lockers...

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