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ArcelorMittal S.A. (NYSE:MT) Shares Bought by Van ECK Associates Corp

Van ECK Associates Corp lifted its stake in shares of ArcelorMittal S.A. (NYSE:MT – Free Report) by 1.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 246,001 shares of the basic materials company’s stock after acquiring an additional 3,031 shares during […] ....

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ArcelorMittal First Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag

ArcelorMittal ( AMS:MT ) First Quarter 2024 Results Key Financial Results Revenue: US$16.3b (down 12% from 1Q 2023. ....

Revenues Fall , Revenue Growth , Arnings Per Share , Analyst Estimates ,

Men shortage sparks role reversal: Ukrainian women step in across industries

A surge of Ukrainian women is breaking into fields once dominated by men, stepping into roles like truck driving, security, locksmithing, and machine operation. ....

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ArcelorMittal maintains global and India demand growth view

In its short-range outlook released last month, the World Steel Association said that it expects global demand to go up by 1.7% on year. AMNS India – in which ArcelorMittal has a 60% equity interest – produced 1.98 million, and sold 2.02 million tonne of steel during the March quarter. ....

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ArcelorMittal still expects 3-4% steel demand growth this year, excluding China

Economic sentiment appears to have reached a floor and given the low inventories, particularly in Europe, as soon as real demand begins to gradually improve, apparent demand is expected to rebound, it said in a statement. The steel industry has been suffering from weaker construction activity in Europe and problems in the real estate sector in China, the world's top consumer and producer of the metal. Steel demand in Europe, which has been challenged by high inflation and tighter monetary policy, is expected to show very modest growth this year before a 5.3% projected gain in 2025, the World Steel Association said last month . ....

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