A core supplier of speciality steel, AMSA has been central to automotive manufacturing, providing high-grade materials critical for components into vehicle production lines.
ArcelorMittal shares fell on Tuesday after the steelmaking giant said it would be delaying plans to replace its existing coal-fired blast furnaces with new “hydrogen ready” facilities ...
SEIFSA estimates that the closing of the ArcelorMittal long-steel works will lead to a staggering 293 754 direct and indirect job losses.
PJSC ArcelorMittal Kryvyi Rih (AMKR, Dnipropetrovsk region, Ukraine), a major mining and metallurgical plant, increased its ...
EU steel industry has experienced a 25% decline in production compared to pre-Covid levels Luxembourg steelmaker ...
Nippon Steel Corp. and ArcelorMittal SA will spend $775 million to build an electric arc furnace at their U.S. joint venture in Alabama, with a planned start date in the first half of 2023 ...
CEO Renai Moothilal writes that ArcelorMittal South Africa's (AMSA's) decision to halt long steel production from its Newscastle blast furnace will significantly impact on the country's automotive ...
As the Cosatu, we are deeply concerned about the impending closure of the Newcastle furnace of ArcelorMittal (Amsa). This decision has far-reaching implications for the livelihoods of thousands of ...
Electric vehicles assembled in the US have components forged in the Eastern Cape using speciality steel coming out of the Newcastle blast furnace. AMSA is the sole domestic supplier of roughly 70 ...
However, steady demand in the automotive and non-residential construction markets augur well for the industry. Players from ...
Steel is primarily produced using two methods — Blast Furnace and Electric Arc Furnace ... today's Zacks #1 Rank (Strong Buy) stocks here. ArcelorMittal: Luxembourg-based ArcelorMittal is ...