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steel industry

Posted inAustralian Exchange

BlueScope sells stake in Indian steel joint venture to partner Tata Steel

MELBOURNE: Australian steelmaker BlueScope announced Thursday it has agreed to sell its 50% stake in the Tata BlueScope Steel (TBSL) joint venture to its partner, Tata Steel. The companies formed…
Posted by NNR November 13, 2025
Posted inEuronext

ArcelorMittal reports $1.5 billion EBITDA in third quarter amid market challenges

LUXEMBOURG: ArcelorMittal, the world’s leading steel and mining company, announced third-quarter earnings of $1.5 billion in EBITDA on Wednesday, demonstrating what it called “resilient operating results at the bottom of the…
Posted by NNR November 6, 2025
Posted inAustralian Exchange

Vulcan Steel to acquire Roofing Industries in NZ$88 million deal

The company reported FY25 revenue of NZ$948 million, down 10.9% SYDNEY: Vulcan Steel Ltd (ASX/NZX: VSL) said on Tuesday it will acquire New Zealand-based Roofing Industries Ltd for NZ$88 million,…
Posted by NNR August 26, 2025
Posted inWire

GrafTech reports highest quarterly sales volume since 2022, projects continued growth

BROOKLYN HEIGHTS: GrafTech International Ltd. (NYSE: EAF) reported its highest quarterly sales volume in nearly three years, reflecting strong execution of its strategic initiatives and resilience amid industry challenges. The…
Posted by NNR July 26, 2025
Posted inEuronext

ArcelorMittal acquires Nippon Steel’s stake in Calvert Steel facility, deepens U.S. investment

CALVERT: ArcelorMittal announced Thursday it has completed the acquisition of Nippon Steel Corporation’s 50% stake in AM/NS Calvert, gaining full control of the Alabama-based steelmaking facility. The deal, finalized under…
Posted by NNR June 19, 2025
Posted inMENA

Emirates Steel Arkan posts 18% rise in net profit in 2023

ABU DHABI: Emirates Steel Arkan, a leading steel producer in the UAE, announced on Tuesday that it achieved a net profit of AED 601.9 million in 2023, an increase of…
Posted by NNR February 13, 2024
Posted inEuronext

ArcelorMittal has invested $36 million in Boston Metal

AMSTERDAM: ArcelorMittal has invested $36 million in Boston Metal. The transaction is the company’s largest single initial investment to date through its XCarb Innovation Fund. The fund, launched in March…
Posted by NNR January 27, 2023
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All news and articles on NewsnReleases are based on press releases, corporate announcements and analysts’ reports issued to London Stock Exchange (LSE), Euronext, Singapore Exchange (SGX), Japan Stock Exchange (JPX), Dubai Financial Market (DFM), Saudi Stock Exchange (Tadawul), Qatar Stock Exchange (QSE), BSEIndia, Australia Stock Exchange etc.

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