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33 news items from Luxembourg. Show all
ArcelorMittal, a major steel producer, has announced a pause on its steel decarbonization investments in Europe, citing unfavorable policy, energy, and market conditions. The company had planned to replace several blast…
ArcelorMittal and HP have announced a strategic collaboration to advance steel additive manufacturing, combining ArcelorMittal's sustainable steel solutions with HP's expertise in additive manufacturing. ArcelorMittal…
ArcelorMittal, the global leader in steel and mining, reported a decline in earnings for Q3 2024. EBITDA fell 26.4pct YoY to USD 1.58 bln, also down 15.1pct compared to Q2 2024. This was mainly due to weaker results in…
ABB is partnering with ArcelorMittal to introduce XCarb steel, made with high levels of recycled steel and powered by 100pct renewable energy, for its Kabeldon power distribution system. This sustainable sourcing…
The Velux Group has signed a 10-year agreement with ArcelorMittal for the supply of recycled and renewably produced steel. In 2023, the two companies partnered to reduce the carbon footprint of steel used in Velux roof…
ArcelorMittal has completed its acquisition of a 28.4pct stake in Vallourec, buying 65,243,206 shares from Apollo Global Management Inc. The deal, valued at approximately EUR 955 mln (USD 1.045 bln), was finalized…
ArcelorMittal has launched a new steel product, HyMatch, designed for constructing hydrogen pipelines to support the development of hydrogen gas infrastructure. This initiative involves research across ArcelorMittal's…
ArcelorMittal, a global leader in steel and mining, reported a net profit of USD 1.442 bln for the first half of 2024, down from USD 2.956 bln during the same period last year. The decline was primarily attributed to…
ArcelorMittal, the world's leading integrated steel and mining company, reported its financial results for Q2 and H1 2023, revealing a significant decline in core profit (EBITDA). The company's Q2 2023 EBITDA reached…
ArcelorMittal Europe - Flat Products and Tier 1 automotive supplier Gestamp have signed a ‘circularity agreement’ aimed at strengthening environmental sustainability throughout the industrial supply chain. The agreement…
ArcelorMittal, the world's top steel and mining company, has introduced a groundbreaking line of steel tubes with significantly reduced carbon emissions. These innovative tubes, made from XCarb recycled and renewable…
As part of its decarbonisation process, ArcelorMittal Luxembourg has confirmed its plan to invest EUR 67 mln (USD 73.2 mln) in a new electric arc furnace (EAF) at its Belval site. This investment is part of a series of…
ArcelorMittal, the world’s leading steel company, and John Cockerill, a group leading the development of steel processing facilities and electrolyzers, announced plans to construct the world’s first industrial-scale low…
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