(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 […]
Tag: ArcelorMittal
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 […]
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 record amount of crude steel in July. Stop obsessing about the actual forecasted steel price. […]
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.
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. Department of Commerce has launched antidumping and countervailing subsidy probes related to metal lockers […]
This Morning in Metals: Core markets ‘showing signs of recovery,’ ArcelorMittal says
Steelmaker ArcelorMittal says its core markets have exhibited some signs of recovery.
ArcelorMittal lays out its Green Deal for Europe
The European Union (E.U.) always knew it would be a herculean undertaking for Europe to achieve net-zero emissions by 2050.
This Morning in Metals: Supreme Court rejects Section 232 challenge
This morning in metals news, the U.S. Supreme Court has rejected a challenge to the Trump administration’s Section 232 tariffs on steel, British MPs are calling for government assistance for the British steel industry and ArcelorMittal is reportedly considering the sale of some of its Canadian iron ore assets.
This Morning in Metals: Union workers at Ilva steel plant to go on strike over reported job cuts plan
This morning in metals news, workers at Italy’s Ilva steel plant will go on strike to protest a reported job cuts plan by plant owner ArcelorMittal, Alcoa has begun to lay off workers at its Ferndale, Washington aluminum smelter and President Donald Trump renewed a previous threat to impose tariffs on automobiles imported from the […]
This Morning in Metals: Aluminum Association reiterates support for Section 232 aluminum tariff exemptions
This morning in metals news, the Aluminum Association sent a letter to U.S. Trade Representative Robert Lighthizer restating its support for exemptions to the Section 232 tariffs on imported aluminum, ground preparation has begun for a new electric vehicle battery cell production facility in Lordstown, Ohio, and the E.U. has disbursed a loan of €75 […]
