• Iron ore production and shipment by geography –

    The agreement settles various disputes between the parties On November 6, 2015, ArcelorMittal announced that an agreement had been reached with SIOC to amend the pricing mechanism terms of the current iron ore supply agreement from a costbased price to an Export Parity Price (“EPP”) with effect from October 1, 2015

  • Mining | ArcelorMittal

    Smarter steels depend on highquality raw materials As one of the world’s leading producers of iron ore, we supply nearly half of our own iron ore needs and provide the types of coal that are essential to steelmaking Our mining assets provide supply security and quality for our own operations, and a source of highvalue raw materials for our customers

  • Suppliers | ArcelorMittal

    ArcelorMittal is committed to working towards a goal of zero fatalities, zero accidents and zero occupational illnesses, as well as general wellbeing in the workplace and beyond We therefore believe that all accidents are avoidable, including accidents involving contractors and suppliers

  • Iron ore production and shipment by geography –

    On November 6, 2015, ArcelorMittal announced that an agreement had been reached with SIOC to amend the pricing mechanism terms of the current iron ore supply agreement related to Kumba from a costbased price to an Export Parity Price (“EPP”) with effect from October 1, 2015

  • ArcelorMittal South Africa Limited Conclusion of

    Iron Ore Supply Agreement A new iron ore supply agreement was concluded with Kumba that effectively supersedes both the 2001 Sishen iron ore supply agreement and the 2001 Thabazimbi iron ore supply agreement The agreement secures the supply of 625mt of iron ore per annum at competitive prices for ArcelorMittal South Africa

  • ArcelorMittal South Africa announces supply

    ArcelorMittal announces today that its 51% subsidiary, ArcelorMittal South Africa, has reached an agreement with Sishen Iron Ore Company Ltd (SIOC), a subsidiary of Kumba, relating to the longterm supply of iron ore The agreement, which will become effective from 1 January 2014, allows ArcelorMittal South Africa to purchase up to 625 million

  • ArcelorMittal reports first quarter 2020 results

    Own iron ore production (Mt) 144 148 136 146 141 Iron ore shipped at market price (Mt) 86 96 84 99 92 Commenting, Mr Lakshmi N Mittal, ArcelorMittal Chairman and CEO, said: "The improved operating performance in the first quarter has been

  • Commodities Boom Grips Steel as ArcelorMittal Profit

    Firstquarter Ebitda from iron ore mining more than tripled to $107 billion from year earlier Gross debt declined to $114 billion at end of first quarter, while net debt dropped to $59 billion

  • ClevelandCliffs Inc ClevelandCliffs Inc Completes

    ClevelandCliffs Inc (NYSE: CLF) today announced that it has successfully completed the acquisition of substantially all of the operations of ArcelorMittal USA LLC and its subsidiaries (“ArcelorMittal USA”), forming the largest flatrolled steel producer in North America On a fullyear 2019 basis, the combined Company generated proforma revenues of approximately $17 billion and

  • ArcelorMittal reports first quarter 2021 results

    Own iron ore production in 1Q 2021 decreased by 78% to 133Mt as compared to 144Mt in 1Q 2020 Adjusted for the scope effect of the ArcelorMittal USA sale, own iron ore production in 1Q 2021 of 133Mt increased by 56% as compared to 126Mt in

  • Industries | ArcelorMittal

    As one of the world’s leading producers of iron ore, we supply nearly half of our own iron ore needs and provide the types of coal that are essential to steelmaking Our mining assets provide supply security and quality for our own operations, and a source of highvalue raw materials for our customers

  • ArcelorMittal reports first quarter 2019 results

    ArcelorMittal Italia and the remedy asset sales for the ArcelorMittal Italia acquisition Impairment charges for 1Q 2018 were $86 million related to the agreed remedy package required for the approval of the Votorantim acquisition4 Exceptional items for 1Q 2019 were nil

  • Steelmaker ArcelorMittal steps up carbonneutral push

    ArcelorMittal will offer green certificates to customers willing to pay a premium for lowcarbon steel, it said on Wednesday as it also launched a fund to support breakthrough technologies to curb

  • Fourth Quarter 2019 and Full Year 2019 Questions and

    lower iron ore quality premia, as well as the impact of lower seaborne marketable coking coal prices (135%), offset in part by higher marketpriced iron ore shipments (+148%) 7 Why did you take further impairments in the quarter? Impairment charges for 4Q 2019 were $08 billion and includes $01 billion impairment in South Africa and

  • 4Q 2015 Results Microsoft

    priced iron ore shipments (43%) and lower seaborne iron ore market prices (15%) offset in part by costs improvement • Strong cost reduction performance −FY’15 iron ore cash cost reduced 20% YoY, exceeding 15% target for FY’15 −FY’16 iron ore cash costs expected to be reduced by >10% • New FCF breakeven point of $40/t* AMMC:

  • Messages from our leaders – ArcelorMittal

    Excluding these exceptional charges and other noncash items our net loss was $03 billion, which, while still a disappointing result, is a fairer reflection of our performance in the year The combination of trade tariffs and a more competitive iron ore supply contract will support performance improvement in South Africa, while currency

  • ArcelorMittal warns on profit as ore price hits mining

    ArcelorMittal SA (ISPAAS), the world's largest steelmaker, cut its forecast for earnings this year after lower than anticipated iron ore prices ate into the profit of its mining business, sending its shares down some 6 percent The "smart" estimate of Thomson Reuters's StarMine, which weights analyst's forecasts according to past performance, had been at $75 billion for the company

  • ClevelandCliffs Inc ClevelandCliffs Provides

    Founded in 1847 as a mine operator, Cliffs also is the largest supplier of iron ore pellets in North America In 2020, ClevelandCliffs acquired two major steelmakers, AK Steel and ArcelorMittal USA, vertically integrating its legacy iron ore business with qualityfocused steel production and emphasis on the automotive end market

  • Analysis: Canadian iron ore explorers ripe for the

    A C$41 billion ($414 billion) bid for Consolidated Thompson <CLMTO> could open the door to further Canadian iron ore deals as steelmakers step up a

  • Industries | ArcelorMittal

    As one of the world’s leading producers of iron ore, we supply nearly half of our own iron ore needs and provide the types of coal that are essential to steelmaking Our mining assets provide supply security and quality for our own operations, and a source of highvalue raw materials for our customers

  • ArcelorMittal reports fourth quarter 2020 and twelve

    EBITDA in 4Q 2020 was significantly higher as compared to $301 million in 4Q 2019, primarily due to higher marketpriced iron ore shipments (+98%), higher seaborne iron ore

  • ArcelorMittal reports first quarter 2020 results

    In 2019, ArcelorMittal had revenues of $706 billion and crude steel production of 898 million metric tonnes, while own iron ore production reached 571 million metric tonnes

  • ArcelorMittal signs 10year deal to bring iron ore to

    ArcelorMittal has reached a new longterm deal to bring iron ore to its steel mills in Indiana Harbor East, West and Cleveland

  • ArcelorMittal Zacks Investment Research

    ArcelorMittal, Posco and China Steel Corp will jointly own ArcelorMittals Labrador Trough iron ore mining and infrastructure assets and will enter into longterm iron ore supply agreements The transaction closed in May 2013 The consortium acquired a 395% interest in

  • Fourth Quarter 2019 and Full Year 2019 Questions and

    lower iron ore quality premia, as well as the impact of lower seaborne marketable coking coal prices (135%), offset in part by higher marketpriced iron ore shipments (+148%) 7 Why did you take further impairments in the quarter? Impairment charges for 4Q 2019 were $08 billion and includes $01 billion impairment in South Africa and

  • ArcelorMittal studying a further expansion of its

    ArcelorMittal has a portfolio of more than 20 mines in operation and development and is the world's fourthlargest iron ore producer It has operations in more than 22 countries spanning four

  • 4Q 2015 Results Microsoft

    priced iron ore shipments (43%) and lower seaborne iron ore market prices (15%) offset in part by costs improvement • Strong cost reduction performance −FY’15 iron ore cash cost reduced 20% YoY, exceeding 15% target for FY’15 −FY’16 iron ore cash costs expected to be reduced by >10% • New FCF breakeven point of $40/t* AMMC:

  • ClevelandCliffs Inc ClevelandCliffs Provides

    ClevelandCliffs Inc (NYSE: CLF) today announced its preliminary fourthquarter financial results for the period ended December 31, 2020 The Company completed its acquisition of ArcelorMittal USA on December 9, 2020 Due to the extensive accounting integration associated with the transaction, only selected preliminary financial information is available at this time

  • Iron Ore Buyers & Importers TradeFord

    Iron Ore importers directory of iron ore buyers, iron ore purchasers, buying houses and buying agents Import, We have kinds of Minerals from India like Minerals Cement, Iron Ore, Clinker, etc, along with all the items of food, such as rice, lentils, wheat, sugar, chilli, turmeric, ginger, On garlic, s I have Supply Iron ore

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