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ArcelorMittal

30.60

-0.6877-2.20%

Volume:81.38K

Turnover:2.51M

Market Cap:23.81B

PE:18.11

High:30.60

Open:30.60

Low:30.60

Close:31.29

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Overview Company News Filings

ArcelorMittal Publishes 2024 Annual Report Highlighting Sustainable Innovations

ArcelorMittal publishes its Annual Report 2024 on Form 20-F

ArcelorMittal Plans Large-Scale Maintenance Work at 2 Facilities in France

MT Newswires Live

ArcelorMittal put volume heavy and directionally bearish

ArcelorMittal call volume above normal and directionally bullish

New Buy Rating for ArcelorMittal (0RP9), the Basic Materials Giant

Market Chatter: ArcelorMittal, Nippon Steel JV Warns Import Curbs Could Cut India Steel Production, Delay Expansion

MT Newswires Live

ArcelorMittal Announces Leadership Change in South America

ArcelorMittal appoints Everton Negresiolo as CEO of South American Long Products and mining business

ArcelorMittal (0RP9) Receives a Buy from Citi

ArcelorMittal Announces Designated Person Share Transaction Notification

ArcelorMittal: Balanced Risk-Reward Amid Geopolitical and Market Optimism

ArcelorMittal price target raised to EUR 29.80 from EUR 29.50 at Morgan Stanley

ArcelorMittal Reportedly Proposes Moving Certain Support Activities Outside of EU to Cut Costs

MT Newswires Live

ArcelorMittal Considers Moving Support Activities to India to Cut Costs

ArcelorMittal to Build Advanced NOES Manufacturing Facility

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On March 10, 2025, ArcelorMittal announced the publication of its 2024 annual report, which has been ...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/arcelormittal-publishes-2024-annual-report-highlighting-sustainable-innovations?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/arcelormittal-publishes-2024-annual-report-highlighting-sustainable-innovations?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["AMSYF","BK4006"],"gpt_icon":0},{"id":"2518520108","title":"ArcelorMittal publishes its Annual Report 2024 on Form 20-F","url":"https://stock-news.laohu8.com/highlight/detail?id=2518520108","media":"GlobeNewswire","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2518520108?lang=en_us&edition=fundamental","pubTime":"2025-03-11 03:07","pubTimestamp":1741633620,"startTime":"0","endTime":"0","summary":"ArcelorMittal has filed its Annual Report 2024 on Form 20-F with the U.S. Securities and Exchange Commission (SEC). The report is now available at http://corporate.arcelormittal.com > Financial report","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.globenewswire.com/news-release/2025/03/10/3040109/0/en/ArcelorMittal-publishes-its-Annual-Report-2024-on-Form-20-F.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4006","BK4561","MT","AMSYF"],"gpt_icon":0},{"id":"2518051274","title":"ArcelorMittal Plans Large-Scale Maintenance Work at 2 Facilities in France","url":"https://stock-news.laohu8.com/highlight/detail?id=2518051274","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2518051274?lang=en_us&edition=fundamental","pubTime":"2025-03-10 23:54","pubTimestamp":1741622095,"startTime":"0","endTime":"0","summary":"ArcelorMittal  will temporarily shut down one of the blast furnaces at its steel mill in Dunkirk, France, as part of a broader maintenance program costing over 270 million euros  that also includes repairs at the company's plant in Fos-sur-Mer, the steelmaker told MT Newswires on Monday.The 254 million-euro work in Dunkirk includes maintenance on blast furnace number 4, which is expected to be idled about 90 days, along with maintenance on the iron ore sintering line and one of the converters at the steel mill in Q2, the company said in an emailed statement to MT Newswires.Blast furnace number 3 in Dunkirk remain operational throughout the process, the company said, adding it has been adjusting logistics and supplies at the facility ahead of the project launch to reduce the impact on customers during the repairs.In Fos-sur-Mer, ArcelorMittal is expecting to spend 18.3 million euros to extend the life of blast furnace number 1. The unit is slated to reopen early in 2026 and will take ov","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["MT","BK4006","AMSYF","BK4561"],"gpt_icon":0},{"id":"2517343749","title":"ArcelorMittal put volume heavy and directionally bearish","url":"https://stock-news.laohu8.com/highlight/detail?id=2517343749","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517343749?lang=en_us&edition=fundamental","pubTime":"2025-03-07 23:35","pubTimestamp":1741361749,"startTime":"0","endTime":"0","summary":"Bearish flow noted in ArcelorMittal (MT) with 2,420 puts trading, or 5x expected. Most active are Mar-25 32 puts and 3/14 weekly 34 calls, with tot...","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/arcelormittal-put-volume-heavy-and-directionally-bearish-3?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/arcelormittal-put-volume-heavy-and-directionally-bearish-3?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["MT","BK4006","AMSYF","BK4561"],"gpt_icon":0},{"id":"2517167047","title":"ArcelorMittal call volume above normal and directionally bullish","url":"https://stock-news.laohu8.com/highlight/detail?id=2517167047","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517167047?lang=en_us&edition=fundamental","pubTime":"2025-03-07 00:25","pubTimestamp":1741278329,"startTime":"0","endTime":"0","summary":"Bullish option flow detected in ArcelorMittal (MT) with 5,137 calls trading, 4x expected, and implied vol increasing over 5 points to 42.60%. Sep-2...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/arcelormittal-call-volume-above-normal-and-directionally-bullish-6?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/arcelormittal-call-volume-above-normal-and-directionally-bullish-6?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4561","AMSYF","MT","BK4006"],"gpt_icon":0},{"id":"2517197274","title":"New Buy Rating for ArcelorMittal (0RP9), the Basic Materials Giant","url":"https://stock-news.laohu8.com/highlight/detail?id=2517197274","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517197274?lang=en_us&edition=fundamental","pubTime":"2025-03-06 09:36","pubTimestamp":1741224985,"startTime":"0","endTime":"0","summary":"Kepler Capital analyst Boris Bourdet maintained a Buy rating on ArcelorMittal (0RP9 – Research Report) on March 4 and set a price target of €40.00....","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/new-buy-rating-for-arcelormittal-0rp9-the-basic-materials-giant-5?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/new-buy-rating-for-arcelormittal-0rp9-the-basic-materials-giant-5?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["ARKG","AMSYF"],"gpt_icon":0},{"id":"2517092117","title":"Market Chatter: ArcelorMittal, Nippon Steel JV Warns Import Curbs Could Cut India Steel Production, Delay Expansion","url":"https://stock-news.laohu8.com/highlight/detail?id=2517092117","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517092117?lang=en_us&edition=fundamental","pubTime":"2025-03-06 05:14","pubTimestamp":1741209255,"startTime":"0","endTime":"0","summary":"ArcelorMittal  warned that steel production at its India joint venture with Nippon Steel could be significantly reduced due to restrictions on low-ash metallurgical coke imports, Reuters reported, citing a private letter to India's Minister of Commerce and Industry.The joint venture's CEO, Dilip Oommen, said in the letter dated Feb. 19 that the joint venture may need to scale back production from April or shut down its blast furnace operations by June unless it secures additional coke beyond the country-specific import quotas imposed by India starting January 1.\"We are heading for a difficult and uncertain period,\" Oommen wrote in the letter seen by Reuters.The import curbs, aimed at protecting domestic coke producers, have faced opposition from major steelmakers, who argue that domestic supply does not meet their quality requirements. ArcelorMittal India JV also said the restrictions could delay its $9 billion expansion plan in India, which includes increasing capacity to 40 million m","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4006","BK4561","AMSYF","MT"],"gpt_icon":0},{"id":"2517602408","title":"ArcelorMittal Announces Leadership Change in South America","url":"https://stock-news.laohu8.com/highlight/detail?id=2517602408","media":"TIPRANKS","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517602408?lang=en_us&edition=fundamental","pubTime":"2025-03-05 01:45","pubTimestamp":1741110327,"startTime":"0","endTime":"0","summary":"An announcement from ArcelorMittal ( ($MT) ) is now available. On March 3, 2025, ArcelorMittal announced the appointment of Everton Negresiolo as C...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/arcelormittal-announces-leadership-change-in-south-america?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/arcelormittal-announces-leadership-change-in-south-america?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["AMSYF","BK4006"],"gpt_icon":0},{"id":"2516582146","title":"ArcelorMittal appoints Everton Negresiolo as CEO of South American Long Products and mining business","url":"https://stock-news.laohu8.com/highlight/detail?id=2516582146","media":"GlobeNewswire","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516582146?lang=en_us&edition=fundamental","pubTime":"2025-03-04 00:00","pubTimestamp":1741017600,"startTime":"0","endTime":"0","summary":"Jorge Luiz Ribeiro de Oliveira nominated Executive Vice President of ArcelorMittal. ArcelorMittal  today announces the appointment of Everton Negresiolo as CEO of its South American Long Products and mining business and a member of the group management committee, effective 1 April 2025. Everton will report to Aditya Mittal, Chief Executive Officer of ArcelorMittal.Everton succeeds Jefferson de Paula, who is retiring, effective 1 April 2025. Jefferson, an Executive Vice President and member of the group’s management committee, joined ArcelorMittal in 1991 as a melt shop manager in one of the company’s Brazilian steel plants. During his 34-year career with the group he held several senior leadership positions including COO of Acindar , CEO of ArcelorMittal Europe Long Products South Division and had been CEO of the group’s South American Long Products and mining business since 2011.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/arcelormittal-appoints-everton-negresiolo-ceo-160000946.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["MT","BK4117","BK4107","BK4006","BK4561","AMSYF","AFG"],"gpt_icon":0},{"id":"2512990312","title":"ArcelorMittal (0RP9) Receives a Buy from Citi","url":"https://stock-news.laohu8.com/highlight/detail?id=2512990312","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512990312?lang=en_us&edition=fundamental","pubTime":"2025-02-17 14:35","pubTimestamp":1739774122,"startTime":"0","endTime":"0","summary":"In a report released today, Ephrem Ravi from Citi maintained a Buy rating on ArcelorMittal (0RP9 – Research Report), with a price target of €40.00....","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/arcelormittal-0rp9-receives-a-buy-from-citi?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/arcelormittal-0rp9-receives-a-buy-from-citi?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["AMSYF","BK4006"],"gpt_icon":0},{"id":"2511461860","title":"ArcelorMittal Announces Designated Person Share Transaction Notification","url":"https://stock-news.laohu8.com/highlight/detail?id=2511461860","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2511461860?lang=en_us&edition=fundamental","pubTime":"2025-02-15 01:17","pubTimestamp":1739553456,"startTime":"0","endTime":"0","summary":"ArcelorMittal ( ($MT) ) has issued an announcement. On February 14, 2025, ArcelorMittal announced a notification of share transaction by a Designat...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/arcelormittal-announces-designated-person-share-transaction-notification?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/arcelormittal-announces-designated-person-share-transaction-notification?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4006","AMSYF"],"gpt_icon":0},{"id":"2511506624","title":"ArcelorMittal: Balanced Risk-Reward Amid Geopolitical and Market Optimism","url":"https://stock-news.laohu8.com/highlight/detail?id=2511506624","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2511506624?lang=en_us&edition=fundamental","pubTime":"2025-02-14 06:35","pubTimestamp":1739486115,"startTime":"0","endTime":"0","summary":"ArcelorMittal (0RP9 – Research Report), the Basic Materials sector company, was revisited by a Wall Street analyst today. Analyst Ioannis Masvoulas...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/ratings/arcelormittal-balanced-risk-reward-amid-geopolitical-and-market-optimism?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/ratings/arcelormittal-balanced-risk-reward-amid-geopolitical-and-market-optimism?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["AMSYF","BK4544","BK4006","BK4588","BK4585","ARKG"],"gpt_icon":0},{"id":"2510351139","title":"ArcelorMittal price target raised to EUR 29.80 from EUR 29.50 at Morgan Stanley","url":"https://stock-news.laohu8.com/highlight/detail?id=2510351139","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2510351139?lang=en_us&edition=fundamental","pubTime":"2025-02-12 04:00","pubTimestamp":1739304028,"startTime":"0","endTime":"0","summary":"Morgan Stanley raised the firm’s price target on ArcelorMittal (MT) to EUR 29.80 from EUR 29.50 and keeps an Overweight rating on the shares. Publi...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/arcelormittal-price-target-raised-to-eur-29-80-from-eur-29-50-at-morgan-stanley?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/arcelormittal-price-target-raised-to-eur-29-80-from-eur-29-50-at-morgan-stanley?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["AMSYF"],"gpt_icon":0},{"id":"2510635531","title":"ArcelorMittal Reportedly Proposes Moving Certain Support Activities Outside of EU to Cut Costs","url":"https://stock-news.laohu8.com/highlight/detail?id=2510635531","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2510635531?lang=en_us&edition=fundamental","pubTime":"2025-02-12 02:49","pubTimestamp":1739299751,"startTime":"0","endTime":"0","summary":"ArcelorMittal (MT) has proposed moving some of its business-support activities outside of Europe to save costs, according to media reports Tuesday.The company reportedly floated the idea of moving act","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4156","MT","BK4006","BK4561","AMSYF"],"gpt_icon":0},{"id":"2510642333","title":"ArcelorMittal Considers Moving Support Activities to India to Cut Costs","url":"https://stock-news.laohu8.com/highlight/detail?id=2510642333","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2510642333?lang=en_us&edition=fundamental","pubTime":"2025-02-11 23:17","pubTimestamp":1739287020,"startTime":"0","endTime":"0","summary":"ArcelorMittal said it is looking at the possibility of moving some business-support activities to India from Europe to cut costs in the face of a challenging backdrop for the European steel industry.The Luxembourg-based steelmaker said Tuesday that it discussed the proposal at a meeting with its European works council, a body representing employees, as part of its efforts to address major issues that the company said threaten the future of steelmaking on the continent.The move comes after the company said as recently as Monday that urgent support was needed to bolster the competitiveness and sustainability of European steelmaking and to protect the industry from what ArcelorMittal called unfair trade practices. The company said the industry is contending with significant excess global capacity, subdued demand in Europe and record-high imports.ArcelorMittal said it is exploring options to optimize business processes and to cut costs not directly related to steel production. Under the pl","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["AMSYF","BK4561","MT","BK4006"],"gpt_icon":0},{"id":"2510869623","title":"ArcelorMittal to Build Advanced NOES Manufacturing Facility","url":"https://stock-news.laohu8.com/highlight/detail?id=2510869623","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2510869623?lang=en_us&edition=fundamental","pubTime":"2025-02-10 21:14","pubTimestamp":1739193240,"startTime":"0","endTime":"0","summary":"ArcelorMittal S.A. MT announced to progress with its plans to build a non-grain-oriented electrical steel  manufacturing facility in Alabama. This facility will be wholly-owned by MT. It is visioned to have a capacity to produce up to 150,000 metric tons of NOES annually. The $1.2 billion project aims to reduce U.S. dependency on electrical steel imports through the expansion of domestic NOES production.As NOES has been identified as a critical material for producing electric motors and a broad range of energy technologies and applications, it is expected to pave the way for innovation in this industry. Producing NOES would also require specialized technical expertise, advanced manufacturing capabilities and rigorous quality control. This project will support the growth of critical industries like electric vehicles and energy-efficient technologies while creating high-quality jobs for the people of Alabama.The new plant will help in meeting growing demand needs for high-quality electri","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/arcelormittal-build-advanced-noes-manufacturing-131400165.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["IE00B7SZL793.SGD","AEIS","LU1670710661.SGD","LU1670710588.SGD","MEOH","BK4109","LU1670711040.USD","AMSYF","IE0031619046.USD","BK4090","IE00B66KJ199.SGD","LU1670711123.USD","NGVT","LU2065731478.USD","IE00B19Z4B17.USD","BK4006","BK4157","BGSX","BK4561","CRS","MT"],"gpt_icon":0}],"pageSize":16,"totalPage":9,"pageCount":1,"totalSize":136}]}}