Tag: ArcelorMittal

ArcelorMittal USA sold to Cleveland-Cliffs

ArcelorMittal USA sold to Cleveland-Cliffs

Under the terms of the sale, ArcelorMittal has received $505 million cash, 78 million shares of Cleveland-Cliffs common stock and non-voting preferred stock which is redeemable for approximately 58 million shares of Cleveland-Cliffs common stock or an equivalent amount in cash.
ArcelorMittal to build an EAF facility at AM/NS Calvert

ArcelorMittal to build an EAF facility at AM/NS Calvert

ArcelorMittal announced its intention to build an Electric Arc Furnace (EAF) steel making facility at AM/NS Calvert. Once completed the planned facility will be capable of producing 1.5Mt of steel slabs for the Hot Strip Mill and producing a broad spectrum of steel grades required for Calvert’s end-user markets.
ArcelorMittal reports Q2 2020 and H2 2020 results

ArcelorMittal reports Q2 2020 and H2 2020 results

ArcelorMittal announced the results for the three-month and six-month periods ended June 30, 2020. Protecting the health
Europe’s proposed CBA for CO2 emissions reduction

Europe’s proposed CBA for CO2 emissions reduction

ArcelorMittal calls for member states and MEPs to support the introduction of a carbon border adjustment (CBA), as part of the European Commission’s €1 trillion Green Deal, aimed at making the bloc carbon neutral by 2050.

CDP recognizes ArcelorMittal for its leadership level

ArcelorMittal has been recognized by CDP for its leadership on corporate transparency and action on climate change from among over 8,000 companies worldwide who were scored on their 2019 disclosures.

ArcelorMittal welcomes the EC’s Green Deal

Following the publication of the European Commission’s Green Deal, the proposal for a carbon border adjustment, which effectively puts a carbon price on imports, recognizes that every country needs to play its part in reducing global CO2 emissions.
Garrison Crossing built with UR duplex stainless steel

Garrison Crossing built with UR duplex stainless steel

As the city of Toronto keeps expanding, accessibility and connectivity are becoming key topics. To ensure a connection between downtown Toronto and the neighborhood of Fort York, the Garrison Crossing was built with UR 2205 Duplex stainless steel from ArcelorMittal Industeel.
Ludkovsky secures a doctorate from Oviedo University

Ludkovsky secures a doctorate from Oviedo University

Dr Greg Ludkovsky, vice president of global R&D, ArcelorMittal, has accepted the title Doctor Honoris Causa awarded to him by the University of Oviedo in Asturias, Spain.
SMS group secures an order from ArcelorMittal

SMS group secures an order from ArcelorMittal

ArcelorMittal Asturias, Spain, has awarded SMS group the order to supply a new combustion system for the existing walking beam furnaces 2N, 3N, and 4N in the Aviles hot strip mill.

AK enters into a licensing deal involving ULTRALUME®

AK Steel announced recently that it has entered into a licensing agreement involving its aluminized boron press hardenable steel product, ULTRALUME® PHS.