Posts filtered by tags: ArcelorMittal[x]


Law School Canons: The Spoils of Discovery

Editor’s Note: Avery Welker is a 1L at Mizzou and likely a future patent attorney. He is starting a new series linking law school canonical cases with intellectual property counterparts. You can email ideas for future posts to [email protected]  – Dennis Crouch By Avery Welker The first line of class notes I took in Civil Procedure during our discovery module says, “Spoliation – OLD LEGAL DOCTRINE.” I’m not sure why I felt the need to emphasize that spoliation is an old doctrine at the time, ...
Tags: Law, Google Analytics, Ubs, Hermès, Skyline, Patent, Mizzou, ArcelorMittal, Larsson, Dennis Crouch, Zubulake, Avery Welker, UBS Warburg LLC, Skyline Steel LLC Skyline Plaintiff, PilePro LLC, Skyline Steel LLC

Steelmaker ArcelorMittal Steps up Carbon-Neutral Push

By Marine Strauss and Kate AbnettBRUSSELS (Reuters) - ArcelorMittal will offer green certificates to customers willing to pay a premium for...
Tags: ArcelorMittal, Marine Strauss, Kate AbnettBRUSSELS Reuters ArcelorMittal

ArcelorMittal is ‘slowly becoming a burial site’

After the deaths of three employees who got trapped in a control room, workers allege that management frequently coerces them to bypass health and safety procedures The post ArcelorMittal is ‘slowly becoming a burial site’ appeared first on The Mail & Guardian.
Tags: Death, Environment, Gauteng, Openaccess, ArcelorMittal, Arcelor Mittal, Top Six, South Africa (country, ArcelorMittal South Africa

Workers Missing After ArcelorMittal South Africa Site Accident

JOHANNESBURG (Reuters) - Rescue efforts are under way at ArcelorMittal South Africa's Vanderbijlpark Works to find three employees missing after an...
Tags: Johannesburg, ArcelorMittal, Reuters Rescue, ArcelorMittal South Africa, Vanderbijlpark Works

Fresh air can combat COVID-19. For Italy's most polluted town, in the shadow of a steel mill, opening the windows is not an option.

An aerial view of Taranto's steelworks in April 2013. Fabrizio Villa/Getty Images Taranto, a southern Italian city, has long stood in the shadow of a vast, polluting steel mill. The factory routinely blows pollutants over the city, forcing residents to seal themselves in their homes. The COVID-19 pandemic has prompted a new irony, bringing instructions to keep windows open. Residents feel their fight against the virus is compromised by their struggle with pollution. Campaigners hope th...
Tags: Europe, Science, Time, Trends, Italy, News UK, Steel, Puglia, Valentino, Ilva, ArcelorMittal, Riva, Taranto, Ferraro, Ian Johnston, International Federation for Human Rights

ArcelorMittal plans to retrench 2 500 workers

Africa’s largest steel producer announced in June it would begin the section 189 process after its initial cost-cutting measures were inadequate to insulate it from a weak economy and the economic effects of Covid-19 The post ArcelorMittal plans to retrench 2 500 workers appeared first on The Mail & Guardian.
Tags: Business, Africa, Solidarity, National Union of Metalworkers, ArcelorMittal, Top Six, Coronavirus, South Africa (country, COVID-19, ArcelorMittal South Africa, Kabelo Ramokhathali, Retrench, Willie Venter

ArcelorMittal sale optimism shared by steel union leaders: ‘It will be better for us in the long run’

Local and international union leaders are expressing optimism over the $1.4 billion sale of most of ArcelorMittal’s U.S. steel operations to Cleveland-Cliffs.
Tags: ArcelorMittal

East Chicago steel giant ArcelorMittal to sell US business in $1.4B deal

ArcelorMittal’s U.S. operations, which include Indiana Harbor, the largest integrated steel-making facility in North America, will be sold to Cleveland-Cliffs for $1.4 billion in cash and stock.
Tags: US, North America, ArcelorMittal, East Chicago, Indiana Harbor, Cleveland Cliffs

Morning Headlines: Cleveland-Cliffs set to buy ArcelorMittal; Ohio Suprasses 150K COVID Cases

Here are your morning headlines for Monday, September 28: Cleveland-Cliffs set to buy ArcelorMittal Ohio surpasses 150K COVID-19 cases Cleveland councilman steps down after nearly two decades Summit County’s prosecutor is recovering from COVID-19 Ohio GOP lawmakers praise Supreme Court pick Cleveland increases security ahead of presidential debate Democrats request nearly 450,000 ballots so far Indians rally past Pirates, will host Yankees in playoffs Mayfield leads Browns to first winning recor...
Tags: Supreme Court, Mac, United States, North America, Cleveland, Yankees, Summit County, ArcelorMittal, Pirates, AK Steel, Mayfield, ArcelorMittal SA, Cleveland Cliffs, Cleveland Cliffs Inc, COVID, ArcelorMittal Ohio

Pentagon Used Congress Funding For PPE To Stockpile Military Equipment Instead

Investigation into a $1 billion fund allotted by Congress to the Pentagon in March to bolster the country’s supplies of medical equipment reveals that the funds have been mostly diverted to defense contractors and used to manufacture military equipment like jet engine parts, body armor and dress uniforms. The Washington Post reported the finding which demonstrates how a taxpayer-based effort to combat COVID-19 was redirected to stockpiling military supplies. Passed earlier this year, the Ca...
Tags: Post, News, Congress, Washington Post, Cdc, Senate, Masks, Army, Kansas, Pentagon, Boeing, Defense Department, Committee, Dod, ArcelorMittal, PPE

Hopefield: Brutal police vs brutalised citizens

The small town’s residents, who say they’ve been terrorised by rogue police officers for years, were unsurprised when Reginald Linnerd was found beaten to death in a holding cell The post Hopefield: Brutal police vs brutalised citizens appeared first on The Mail & Guardian.
Tags: Violence, National, Openaccess, ArcelorMittal, Top Six, Cape West Coast, Saldanha Bay, South Africa (country, Gender Based Violence, ArcelorMittal South Africa, Hopefield, Reginald Linnerd

Jobs at stake as financial losses hit ArcelorMittal

South Africa’s steel producer’s earnings dropped in the first quarter of 2020 because of low demand and a lacklustre economy, exacerbated by the Covid-19 lockdown The post Jobs at stake as financial losses hit ArcelorMittal appeared first on The Mail & Guardian.
Tags: Business, Economy, South Africa, Openaccess, Numsa, ArcelorMittal, Lockdown, Top Six, South Africa (country, South African Economy, COVID-19, Saldanha Works

Morning Headlines: Ohio Childcare Providers to Resume Capacity; ArcelorMittal to Cut Local Workforce

Here are your morning headlines for Wednesday, July 29: DeWine says childcare providers to resume capacity Aug. 9, county fairs scaled back Ohio Education Association wants remote learning for hard-hit counties this fall Ohio House to vote Thursday on disgraced speaker’s removal Shareholder files suit against FirstEnergy for role in state bribery scandal FirstEnergy ratepayer seeking class-action status for case against company ArcelorMittal to cut workforce next month, cites weak demand Tribe c...
Tags: Ohio, Ohio House, FirstEnergy, ArcelorMittal, Mike DeWine, White Sox, DeWine, Ohio Education Association, COVID

Why Afrikaner affirmative action was more effective than BEE

The National Party government used a collective effort — social, cultural, linguistic, political and financial — to prop up poor white people The post Why Afrikaner affirmative action was more effective than BEE appeared first on The Mail & Guardian.
Tags: Opinion, Affirmative Action, National party, AEE, Apartheid, ArcelorMittal, BBE, AMSA, Afrikaner, Broederbond, ISCOR

Italian government rejects ArcelorMittal's Ilva plan as workers strike

- The Italian government rejected ArcelorMittal's latest plan for the loss-making Ilva steel plant on Tuesday which it said included major job cuts and went back on investment pledges as workers held a strike to protest the plan.
Tags: Money, businessNews, Ilva, ArcelorMittal

Unions at ArcelorMittal's Ilva plant call strike over job plans

Unions representing workers at the Ilva steel plant in southern Italy called a strike for Tuesday to protest at reported plans by ArcelorMittal for thousands of job cuts at the struggling facility.
Tags: Money, businessNews, Italy, Ilva, ArcelorMittal

New Lords of Circular Carbon: ArcelorMittal, EU complete financing of Steelanol project

In Brussels, the European Investment Bank, with the support of the European Commission, has granted a EUR 75 million (nearly $82 million USD) loan to ArcelorMittal for Steelanol, the EUR 165 million ($180 million USD) industrial-scale demonstration plant based on LanzaTech’s process, capturing waste gases from the blast furnace and biologically convert them into recycled-carbon ethanol. LanzaTech, ArcelorMittal, Primetals and E4tech are project partners of long-standing and we last wrote of the...
Tags: Europe, Beyonce, Eu, Top Stories, European Commission, Brussels, LanzaTech, Green Deal, ArcelorMittal, Jennifer Holmgren, European Investment Bank, EIB, EDP, Torero, Ambroise Fayolle, Steelanol

EIB grants ArcelorMittal $81.8M loan for steelanol and bio-coal projects

In Luxembourg, the European Investment Bank (EIB), with the support of the European Commission, has granted a EUR75 million loan to ArcelorMittal for the construction of two ground-breaking projects at ArcelorMittal Ghent, Belgium, to considerably reduce carbon emissions by converting waste and by-products into valuable new products, helping to develop low-carbon steelmaking technologies, in line with the EU’s climate objectives. Details of the projects include: · Steelanol: a EUR165 million ind...
Tags: Eu, European Commission, Belgium, Luxembourg, Producer News, LanzaTech, ArcelorMittal, EIB, European Investment Bank EIB, Steelanol, Chalmers Technical University

Liberty Steel names ex-ArcelorMittal executive to top role

Privately owned Liberty Steel Group said on Monday it has appointed a former executive of ArcelorMittal to a top role in the firm.
Tags: Money, businessNews, ArcelorMittal, Liberty Steel, Liberty Steel Group

ArcelorMittal offers $2 billion of shares, convertibles at discount

ArcelorMittal , the world's largest steelmaker, is issuing $2 billion of shares and convertible notes at a deep discount to accelerate debt reduction plans that have been slowed by the COVID-19 pandemic.
Tags: Money, businessNews, ArcelorMittal

ArcelorMittal flags lower profits, hopes lockdown easings herald turnaround for steel

ArcelorMittal, the world's largest steelmaker, forecast its steel shipments would fall by up to a third in the second quarter, leading to sharply lower profits as coronavirus restrictions hit demand.
Tags: Money, businessNews, ArcelorMittal

ArcelorMittal sees drop in steel shipments and profits

ArcelorMittal, the world's largest steelmaker, forecast steel shipments in the second quarter would fall by between a quarter and a third, leading to sharply lower profits as coronavirus lockdowns hit demand.
Tags: Money, businessNews, ArcelorMittal

Midwest Governors Join Forces; Gilead Drug Trial: Virus Update

(Bloomberg) -- Seven Midwest governors began work on steps to reopen the regional economy, as state leaders in the mid-Atlantic and West Coast planned similar actions. The governor of New York extended a lockdown to May 15, while his New Jersey counterpart said schools will be closed at least until the same date.U.S. President Donald Trump will hold a news conference at 6 p.m. to unveil guidelines to relax stay-at-home rules. Massive numbers of Americans sought unemployment benefits again.The U....
Tags: Amazon, Facebook, Europe, Utah, Japan, England, New York, London, News, Wales, Kentucky, Wall Street, China, Germany, Massachusetts, Singapore

ArcelorMittal South Africa issues force majeure, cuts salaries

ArcelorMittal South Africa has issued force majeure notices to customers and suppliers "where appropriate" as a nationwide three-week lockdown impacts the South African subsidiary of one of the world's biggest steel manufacturers.
Tags: Money, businessNews, South Africa, ArcelorMittal, ArcelorMittal South Africa

ArcelorMittal, Nippon Steel sign $5.15 billion loan pact to refinance Essar Steel buy

Japan's biggest steelmaker Nippon Steel Corp said on Tuesday its joint venture with ArcelorMittal has signed a $5.15 billion loan agreement with Japanese banks, including Japan Bank for International Cooperation.
Tags: Japan, Money, businessNews, ArcelorMittal, Essar Steel, ArcelorMittal Nippon Steel, Nippon Steel Corp, Japan Bank

ArcelorMittal signs deal to suspend plans to exit Ilva steelworks

ArcelorMittal said on Wednesday it had signed a deal that would see a significant injection of Italian state funding into the Ilva steelworks and would suspend a bid to walk away from the troubled plant, which it took over in 2018.
Tags: Money, businessNews, ArcelorMittal

ArcelorMittal forecast of steel pick-up, debt drop lifts shares

ArcelorMittal , the world's largest steelmaker, forecast increased demand and a drop in its debt levels this year after earnings beat forecasts at the end of 2019, lifting its shares.
Tags: Money, businessNews, ArcelorMittal

ArcelorMittal sees 2020 steel pick-up as debt hits low

ArcelorMittal, the world's largest steelmaker, forecast increased steel consumption in its core markets in 2020 after reporting a higher-than-expected annual profit and its lowest ever level of debt.
Tags: Money, businessNews, ArcelorMittal

State Bank of India Profit Rises on Bad-Loan Provision Clawback - Bloomberg

State Bank of India Profit Rises on Bad-Loan Provision Clawback - Bloomberg:State Bank of India posted a rise in quarterly profit as the country’s largest lender wrote back provisions on its bad loans.Net income rose to 55.8 billion rupees ($782 million) in the three months ended December from 39.6 billion rupees a year earlier, broadly in line with the 58.7 billion rupee average of analysts’ estimates compiled by Bloomberg.SBI has been helped by the resolution of some large bad loan accounts, s...
Tags: Travel, Supreme Court, India, ArcelorMittal, State Bank of India, Essar, Essar Steel, Rupert Neil Bumfrey, Essar Steel India Ltd, Bloomberg SBI

Italian court eases the way for Ilva talks between government and Arcelor

An Italian court ruled on Tuesday that one of three blast furnaces at ArcelorMittal's Ilva steel plant need not be shut down despite concerns it was in breach of safety rules, throwing a lifeline to the loss-making plant in southern Italy.
Tags: Money, businessNews, Ilva, ArcelorMittal, Arcelor