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ArcelorMittal SA

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  • European shares consolidate ECB-fuelled gains Tuesday, 26 Aug 2014 | 7:11 AM ET

    *FTSEurofirst 300, Euro STOXX 50 up 0.1 pct. Steelmakers ArcelorMittal, Salzgitter and Voestalpine outperformed broadly flat European bourses as analysts at UBS upgraded their shares to "buy" from "sell" in expectation that the trio will benefit from a turnaround in the sector.

  • European shares consolidate ECB-fueled gains Tuesday, 26 Aug 2014 | 7:11 AM ET

    *FTSEurofirst 300, Euro STOXX 50 up 0.1 pct. Steelmakers ArcelorMittal, Salzgitter and Voestalpine outperformed broadly flat European bourses as analysts at UBS upgraded their shares to "buy" from "sell" in expectation that the trio will benefit from a turnaround in the sector.

  • SAO PAULO, Aug 15- Whichever way Brazil's steel industry looks it sees pain. "Only a crazy person would invest in Brazil right now," CSN Chief Executive Benjamin Steinbruch told a conference in Sao Paulo this week.

  • Aug 8- Contractors at ArcelorMittal SA's iron ore mine in Liberia are evacuating the country and other miners are sending staff home to prevent the spread of the deadly Ebola virus. A prolonged outbreak, however, will threaten mineral production in Sierra Leone, Liberia and Guinea if essential supplies are disrupted and employees stay away from work too long.

  • BRUSSELS, Aug 8- Steel and mining company ArcelorMittal on Friday announced force majeure on a project that is planned to triple its iron ore production in Liberia because of the Ebola epidemic sweeping West Africa.

  • LONDON, Aug 7- Rio Tinto indicated it would not take part in a tender for the mining rights for the northern half of the disputed Guinea iron ore deposit Simandou, saying the government would prefer other companies to invest.

  • European shares close week 2.9% lower Friday, 1 Aug 2014 | 11:48 AM ET

    European shares reaccelerated losses on Friday afternoon to close the week lower, despite a weak employment report from the U.S.

  • Summer's busiest week for markets is here Friday, 25 Jul 2014 | 6:10 PM ET
    Traders work on the floor of the New York Stock Exchange (NYSE) on Friday.

    A crush of big cap earnings and arguably the most important economic reports until September make next week the busiest of the summer for markets.

  • This sector could offer ‘deep value’ Wednesday, 2 Jul 2014 | 10:08 AM ET
    Two employees tie up steel bars at a steel-making plant in Ganyu, China.

    Valuations in the steel industry are attractive that the sector is now in "deep value territory", according to Citi bank analysts.

  • Early movers: AAPL, CBS, OMC, PUB & more Friday, 9 May 2014 | 7:54 AM ET
    Traders on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • ArcelorMittal trims outlook on China, Russia Friday, 9 May 2014 | 1:47 AM ET

    ArcelorMittal trimmed its forecast for global steel consumption on Friday, due to a slowdown in China and a decline in Russia.

  • Early movers: CMCSA, PFE, AZN, GE & more Monday, 28 Apr 2014 | 8:02 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Shipping containers sit stacked at Port of Dalian, China.

    Signs in falling power consumption to record-low steel prices, seem to suggest China's economic growth is slowly but surely losing its fizz.

  • Europe shares close higher, brush off US jobs miss Friday, 7 Feb 2014 | 11:55 AM ET

    European equities closed higher for a second day on Friday, as investors brushed off a worse-than-expected U.S. nonfarm payrolls report.

  • Steel: Why you should favor ArcelorMittal  Friday, 7 Feb 2014 | 4:00 AM ET

    Yannick Naud, portfolio manager at Sturgeon Capital, explains that ArcelorMittal is his top pick in the steel sector because it should benefit the most from "a rebound in developed markets."

  • ArcelorMittal forecasts 2014 profit rise Friday, 7 Feb 2014 | 1:22 AM ET

    ArcelorMittal, the world's largest steelmaker, forecast higher profits in the year ahead due to increased steel and iron ore shipments.

  • Midday movers: Honeywell, Twitter, FedEx & More Friday, 13 Dec 2013 | 12:08 PM ET

    Some of Friday's midday movers:

  • Early movers: WMT, AMZN, M, TGT & more Monday, 2 Dec 2013 | 7:53 AM ET

    Some of the names on the move ahead of the open.

  • Asian stocks mixed; Railway shares help China outperform Wednesday, 27 Nov 2013 | 5:51 AM ET

    Chinese shares outperformed on Wednesday while the rest of Asian shares fell on profit-taking and rising political tensions in the region.

  • Titan-ic U-turn? Rumors rise over French tire plant Tuesday, 22 Oct 2013 | 10:10 AM ET

    Arnaud Montebourg, France’s notorious minister for Industrial Renewal, announced that Titan, whose CEO said a Goodyear factory was “not worth saving”, could take it over after all.