Steel company history pages

We have prepared historical profiles for ~25 leading steelmakers including ArcelorMittal, Baowu, British Steel, Evraz, Gerdau, IMIDRO, JFE Steel and Liberty House Group. This list also includes Metinvest, MMK, Nippon Steel, Nucor, POSCO, SAIL and a dozen or so other top steel producers.

To read about the history of these firms visit: https://www.steelonthenet.com/history.html

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ArcelorMittal surprises on debt despite bearish outlook

ArcelorMittal, the world's largest producer of steel, warned on Friday of lower profits this year but surprised the market by managing to cut its debt to the lowest level since the company was created in 2006.

The company, which produces about 6 percent of the world's steel, said it expected core profits to drop to between $6.5 and $7 billion in 2015, from $7.2 billion in 2014, as iron ore prices sapped earnings in its mining business and steel market growth cooled from last year. To read more, visit https://uk.finance.yahoo.com/news/arcelormittal-sees-iron-ore-hit-065351709.html

Steel company history

We have posted some pages with company history for selected steelmakers in the Knowledge Base section of our website. These pages cover historic developments [including mergers, acquisitions where relevant] at ArcelorMittal (incl Mittal Steel), Baosteel, British Steel (later Corus), Evraz Group, Nippon Steel, Nucor, POSCO and the Riva Group. Further historical profiles will follow in the coming weeks.

 

blogger@steelonthenet.com