Key Takeaways ArcelorMittal signed a CAPN with EDF to secure long-term low-carbon electricity for its sites in France.MT receives a share of EDF's operating nuclear fleet capacity under an 18-year contract starting Jan. 1, 2026.ArcelorMittal says the deal supports decarbonization, competitive pricing, and production in France.ArcelorMittal S.A. (MT) and EDF have signed a Nuclear Power Production Allocation Contract (“CAPN”) to secure a long-term supply of low-carbon electricity. This marks a major step in A ...

BlueScope argued that the bid didn't reflect the value expected to be realized through current initiatives, including growth investments and land monetization. ...

Earnings Per Share (EPS) is expected to be $1.55, with revenue projected at $2.05 billion.CMC reported a significant rise in earnings from the previous year, indicating strong performance and market position.The company declared a quarterly dividend of 18 cents per share, with a stock price increase of 1.3%, closing at $72.69.Commercial Metals Company (NYSE: CMC) is a key player in the steel and metal industry, known for its production and recycling of steel and metal products. As a competitor in a market w ...

Germany's Thyssenkrupp could sell its steel division to India's Jindal Steel International in several steps, four people familiar with the talks said, as the two sides try to strike a deal for the complex business. ...

If you like to see more ideas, please subscribe to the premium service "Value in Corporate Events" here and try the free trial. In this service we cover major earnings events, M&A, IPOs and other significant corporate events with actionable ideas. Furthermore, we provide coverage of situations and names on request!A little over a year ago, I concluded that it was time to get upbeat on shares of Nucor ( NUE ) , with shares being depressed by earnings declines, as investors underappreciated its management, ca ...

Commercial Metals Company (NYSE:CMC) will release earnings results for the first quarter, before the opening bell on Thursday, Jan. 8, 2025.Analysts expect the Irving, Texas-based company to report quarterly earnings at $1.54 per share, up from 78 cents per share in the year-ago period. The consensus estimate for Commercial Metals' quarterly revenue is $2.05 billion, up from $1.91 billion a year earlier, according to data from Benzinga Pro.On Jan. 5, CMC announced a quarterly dividend of 18 cents per share. ...

Commercial Metals Company (NYSE:CMC) will release earnings results for the first quarter, before the opening bell on Thursday, Jan. 8, 2025.Analysts expect the Irving, Texas-based company to report quarterly earnings at $1.54 per share, up from 78 cents per share in the year-ago period. The consensus estimate for Commercial Metals' quarterly revenue is $2.05 billion, up from $1.91 billion a year earlier, according to data from Benzinga Pro.On Jan. 5, CMC announced a quarterly dividend of 18 cents per share. ...

Nippon Steel holds a 46.6 per cent stake in Krosaki. After the completion of the transaction, Nippon Steel's holding in Krosaki would be 100 per cent. "The proposed combination involves acquisition by Nippon Steel Corporation (Nippon Steel) of 53.4 per cent shareholding of Krosaki Harima Corporation (Krosaki) by way of a tender offer and potential squeeze out (if applicable)," the regulator said in a release. In India, Nippon Steel is engaged in the business of manufacturing tubes and pipes, and processing ...

Core Viewpoint - India's competition watchdog has identified that major steel companies, including Tata Steel, JSW Steel, and state-run SAIL, along with 25 other firms, have violated antitrust laws by colluding on steel selling prices, which may lead to significant fines for these companies and their executives [1] Company Summary - Tata Steel, JSW Steel, and SAIL are among the market leaders implicated in the antitrust investigation [1] - A total of 28 firms, including the aforementioned companies, are involved in the alleged price-fixing scheme [1] Industry Summary - The steel industry in India is facing scrutiny due to collusion on pricing, which raises concerns about market competition and regulatory compliance [1] - The findings from the competition watchdog could lead to increased regulatory actions and potential financial penalties within the industry [1]

Core Viewpoint - Australian conglomerate SGH, led by media billionaire Kerry Stokes, has made a A$13.15 billion ($8.83 billion) bid for BlueScope, aiming to broaden its industrial footprint and push into the steelmaking sector [1] Group 1: Company Strategy - SGH's acquisition of BlueScope is part of a strategic move to expand its industrial operations [1] - The bid reflects SGH's intent to diversify its portfolio and enhance its presence in the steel industry [1] Group 2: Financial Details - The proposed bid amounts to A$13.15 billion, equivalent to $8.83 billion [1] - This financial commitment indicates SGH's confidence in the potential growth and profitability of BlueScope [1]