ArcelorMittal remains upbeat as US steel tariffs drive up prices

MINEX Forum | November 2, 2018
img0 ArcelorMittal, the world’s largest steelmaker, expects its financial results to improve in the coming months as global economic growth drives demand and U.S. tariffs lead to higher prices for the metal. Arcelor reported a 42 percent year-on-year increase in third-quarter core profit (EBITDA) to $2.73 billion, roughly in-line with analyst expectations, while sales rose 5 ...

ArcelorMittal completed investment at the Krakow unit

MINEX FORUM | May 23, 2017
img0 The deputy prime minister of Poland, Mateusz Morawiecki, participated in steel giant ArcelorMittal’s (MT – Free Report) official ceremony for the completion of a series of major investment projects at the company’s Krakow unit. Investments, which exceeded EUR 118 million, were commissioned in 2016 and achieved their operational ramp up, included modernization of the basic ...