The Latest Breaking News from ArcelorMittal

Use of enclosed combustors leaves regulators heavily reliant on oil and gas companies’ own flaring data

Following months of unsuccessful talks, the Italian government Monday launched a temporary state takeover of a troubled steel mill that that is majority-owned by steel giant ArcelorMittal, according to sources close to the situation.

Doctor Maria Grazia Serra's patients have been "breathing, eating and drinking" toxins from Taranto's steelworks for decades, but a dispute over the vast Italian plant could finally see its ecological conversion.

ArcelorMittal has again offered to sell its stake in a huge Italian steelworks after Rome moved to put it under state supervision, according to a letter cited by the ANSA news agency Saturday.

Steelmaker ArcelorMittal is to invest up to 1.8 billion euros to reduce carbon emissions at its Dunkirk steelworks, with financial support from the state, the French government announced Sunday.

Japan's Nippon Steel has won the bidding war for U.S. Steel, with the $15 billion price providing a jolt to other steel stocks, including CLF, NUE and STLD.

Kazakhstan's emergency ministry says the death toll from a fire at a coal mine has risen to 42

Rescue operation under way to find missing miners after methane explosion at a mine owned by steel giant ArcelorMittal.

A coal mine fire in central Kazakhstan has killed at least 21 workers while another 25 remained unaccounted for, the operating company ArcelorMittal Temirtau said in a statement

Kazakhstan said on Saturday that 32 people were killed in a fire in yet another deadly accident in a mine owned by ArcelorMittal, with over a dozen still missing, in the Central Asian country's worst disaster in years.

After a challenging 2022, the steel demand is expected to rise thanks to the reopening of the Chinese economy, easing inflation, and America’s infrastructure development initiatives. To that end, it could be wise to buy fundamentally strong steel stocks ArcelorMittal (MT), Commercial Metals Company (CMC), and Aperam (APEMY). Read more.