ArcelorMittal sees rising steel demand

ArcelorMittal Banks on Improved Steel Demand After Booking Narrowed Net Loss
The company said it believes demand for steel will improve this year after fewer impairment charges and other exceptional items led to a narrowed net loss in the last quarter of 2024.
ArcelorMittal to build new steel plant in US to meet auto sector demand
ArcelorMittal said on Thursday that it would build an advanced steel manufacturing facility in Calvert, Alabama, as it seeks to increase its production capacity to meet demand from the U.S. automotive sector.
Loss narrows in fourth quarter for mining giant ArcelorMittal
Luxembourg-based steel and mining giant ArcelorMittal SA reported on Thursday that its loss had narrowed in the fourth quarter compared to the same period of the previous year as a result of slightly higher sales.
ArcelorMittal Stock Rises Despite Q4 Revenue Miss On Steel Demand Increase Forecast, But Retail Turns Bearish
Shares of ArcelorMittal (MT) surged more than 9% in morning trade on Thursday after the steelmaker posted mixed fourth-quarter earnings. While ArcelorMittal’s fourth-quarter earnings per share (EPS) came in at $0.
ArcelorMittal sees rising steel demand after strong 4th quarter
By Johan BODINIER and Anna Peverieri (Reuters) - on Thursday forecast improving steel demand for 2025 and said its annual investment budget would be similar to last year's, after its fourth quarter earnings exceeded market expectations.
ArcelorMittal plans no preemptive US steel shipments ahead of tariffs, CFO says
ArcelorMittal , the world's second largest steelmaker, has not increased steel shipments into the United States to get ahead ...
ArcelorMittal to build $900M steel plant in Alabama to meet U.S. auto sector demand
ArcelorMittal plans to build an advanced steel manufacturing facility in Calvert, Alabama, to raise its production capacity ...
ArcelorMittal Hands South Africa Responsibility for Mill Rescue
ArcelorMittal SA said it’s up to South Africa to keep crucial steel mills open and questioned the government’s industrial ...
ArcelorMittal reports Q4 EPS 52c vs. $1.18 last year
Reports Q4 revenue $14.71B vs. $14.55B last year. Commenting, Aditya Mittal, ArcelorMittal (MT) CEO, said: “2024 saw the completion of the dss+ ...
ArcelorMittal Dec qtr results: Loss trims to $390 mn, production at 14 MT
Global steel giant ArcelorMittal has reduced its loss to USD 390 million during the fourth quarter ended December 31, 2024.
ArcelorMittal South Africa Weighs Rights Issue, Shares Plunge
ArcelorMittal SA’s South African unit said it is considering a rights issue to recapitalize the cash-strapped business, ...
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ArcelorMittal selects Alabama for electric steel plant
Company will expand its campus in Calvert, Alabama, so it can make 150,000 metric tons per year of non-grain-oriented ...
ArcelorMittal (0RP9): New Buy Recommendation for This Basic Materials Giant
In a report released today, Cole Hathorn from Jefferies maintained a Buy rating on ArcelorMittal (0RP9 – Research Report), with a price target ...
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ArcelorMittal Q4 Loss Trims to USD 390 mn; Production at 14 MT
ArcelorMittal reported a Q4 loss of USD 390 mn, down from USD 2,966 mn in 2023. Crude steel production rose to 14 MT in Q4, ...
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ArcelorMittal results | Steel giant goes ahead with job cuts
ArcelorMittal SA reported a R5.1-billion headline loss for the financial year ending in December last year, blaming global ...