ArcelorMittal buys U.S. Bank building in Shelby for $280,000

Liberia's President Boakai has ratified a 2050 agreement with ArcelorMittal, extending its mining concession and investing $3.5B. The deal includes a $200M upfront payment, rail expansions to 30M tonnes/year, and multi-user rail access by 2030. Ivanhoe Atlantic will invest $1.8B for infrastructure and access. The agreement aims to boost Liberia's GDP and transition rail to multi-user operations.

ArcelorMittal will end steel production at its Duisburg mill, increasing slab imports from Brazil. South Africa's export restrictions failed to retain metal, leading to higher primary steel imports. Outokumpu reported weak demand and expects sales to fall. EU stainless steel imports dropped 21% in 2026. ArcelorMittal's move and rising imports may impact European steel market dynamics.

ArcelorMittal (MT) abandoned its planned takeover of the remaining 51% of its joint venture with Italian auto-parts manufacturer CLN due to restrictive conditions imposed by the Italian government. The conditions included government approval for workforce reductions and maintaining operations for five years. Italian steelmaker Acciaieria Arvedi subsequently made a binding proposal for the JV. The decision allows ArcelorMittal to avoid operational and restructuring challenges, reinforcing its foc

Morgan Stanley initiated coverage of ArcelorMittal (MT) with an 'overweight' rating and a €70 price target, implying 14% upside. The bank expects tighter trade protections in Europe and North America to boost the steelmaker's earnings, with EBITDA projected to rise to $11.12 billion by 2027. Morgan Stanley also anticipates increased capital returns to shareholders and sees decarbonization efforts as a positive.

M-tron Industries, Inc. (MT) said it received a $4.5 million production order for RF filters for a US air defense system, according to the company. The article also references MT’s Aug. 13 Q2 2026 earnings call and includes a snapshot of MT’s stock price.

Luxembourg-headquartered steel manufacturer ArcelorMittal has announced its results for the second quarter (Q2) and first half (1H) of 2026. According to the report released on Thursday 30 July, during the three-month period ended 30 June 2026, net income was recorded at $700 million, while EBITDA reached $2.1 billion. After returning $600 million to shareholders and seasonal net working capital investment, net debt increased modestly compared with the previous quarter to $9.5 billion.