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33 news items from Luxembourg. Show all
Global steelmaker ArcelorMittal has expanded its collaboration with Microsoft to accelerate the use of cloud computing, data analytics and artificial intelligence across its global operations. Under the expanded…
ArcelorMittal reported improved second-quarter earnings and said it expects stronger steel shipments in Europe during the second half of 2026, supported by the European Union's revised tariff rate quota (TRQ) system and…
ArcelorMittal has announced a strategic partnership with Amazon Web Services (AWS) to accelerate the adoption of cloud computing, artificial intelligence and industrial automation across its global steelmaking…
ArcelorMittal has announced the sale of approximately 23.9 mln shares in Vallourec, representing around 10pct of the French steel pipe producer's outstanding share capital, through an accelerated bookbuilding process to…
ArcelorMittal, one of the world's largest integrated steel and mining companies, announced results for the first quarter of 2026, reporting lower profit but higher revenue and improved margins. Net profit attributable…
ArcelorMittal reported net income of USD 3.15 bln in 2025, up sharply from USD 1.33 bln a year earlier, despite weaker steel prices and lower production. The company said the improvement in earnings was largely driven…
ArcelorMittal has achieved the first heat under the SteelUp! modernization project at its Belval site in Luxembourg, marking a major milestone in the upgrade of the facility's steelmaking operations. The SteelUp!…
ArcelorMittal said it has been served with a writ of summons by the extraordinary commissioners of Acciaierie d'Italia (ADI) and has filed a EUR 1.8 bln (USD 2.14 bln) claim against the Italian government over losses…
ArcelorMittal has increased its HRC offers for the EU market for April delivery to EUR 700 (USD 819) per ton delivered, up EUR 30-40 (USD 35-47) per ton from prices announced last month. The company's CRC offers were…
Tenaris has introduced the Client Hub, a new online portal aimed at simplifying how customers access and manage the company's digital services. The platform brings together multiple tools into a single interface…
ArcelorMittal has completed the sale of its Bosnian steel and mining operations to H&P d.o.o. Zvornik, part of the Pavgord Group. The transaction includes ArcelorMittal Zenica, an integrated steel plant, and…
ArcelorMittal has invested in Electrified Thermal Solutions through its XCarb Innovation Fund, backing the company's breakthrough technology that electrifies industrial heat generation. Developed at MIT, Electrified…
ArcelorMittal, through its Steligence business, has signed a memorandum of understanding with galvanizing specialist ZINQ to promote sustainable construction by combining ArcelorMittal's low-carbon XCarb recycled and…
ArcelorMittal units in Belgium, France, Luxembourg, and Spain have joined the Low Emission Steel Standard (LESS), following ArcelorMittal Germany's founding membership in 2024. ArcelorMittal Belgium CEO Frederik Van De…
ArcelorMittal reported a net income of USD 1.79 bln for Q2 2025, up from USD 1 bln a year earlier, driven by USD 0.8 bln in exceptional gains (net of impairments and tax effects). Quarterly sales rose 7.6pct YoY to USD…
ArcelorMittal has signed an agreement to sell its operations in Bosnia and Herzegovina to Pavgord Group. The deal includes ArcelorMittal Zenica, an integrated steel plant, and ArcelorMittal Prijedor, an iron ore mining…
ArcelorMittal, one of the world's leading integrated steel and mining companies, reported a net income of USD 805 mln for the first quarter of 2025, down from USD 938 mln in the same period last year. Quarterly sales…
ArcelorMittal has appointed Everton Negresiolo as CEO of its South American Long Products and mining business and a member of the group management committee, effective April 1, 2025. He will report to Aditya Mittal, CEO…
ArcelorMittal, the world's largest integrated steel and mining company, reported a net income of USD 1.339 bln in 2024, up from USD 919 mln in 2023. The increase in profit comes despite a challenging 2023, where…
Aperam S.A., a global leader in stainless and specialty steel solutions and recycling, and Universal Stainless, a leading supplier in the aerospace and industrial sectors in the USA, announced that Universal Stainless &…
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