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ArcelorMittal said it expects steel consumption, excluding China, to grow between 2.5% and 3% and sees its own steel shipments rising by 3% in 2022. ArcelorMittal raises dividend, announces new $1 ...
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Dividend investing is a tried-and-true strategy for generating strong, steady returns in economies both good and bad. But as corporate America's slew of dividend cuts and suspensions over the past ...
ArcelorMittal S.A. is a Luxembourg-based multinational steel manufacturing corporation headquartered in Luxembourg City. It was formed in 2006 from the takeover and merger of Arcelor by Indian-owned Mittal Steel . [ 3 ]
On 25 June 2006 Arcelor, in a board meeting announced that it has accepted a further sweetened offer ($50.68 or €40.4 per share) and the new company would now be called ArcelorMittal, thus successfully ending one of the most controversial and publicised takeover bids in modern corporate history.
Unlike rival Stelco, Dofasco is not unionized.As a result, Dofasco has avoided many of the strikes and work stoppages which have plagued its cross-town rival. Some investors complained that the profits should have been distributed to shareholders as a special dividend rather than giving workers larger bonuses, which was a factor in the underperforming stock price despite strong results.
Steelmaker ArcelorMittal (NYS: MT) posted a steep net loss for its third quarter and has proposed a sharp cut in its dividend, the company announced today. ArcelorMittal's 3Q revenues were $19.7 ...
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