An ArcelorMittal blast furnace in Dunkirk, France. The company said it now expected yearly core profit to be “in excess of” $7 billion (€5.2 billion).

ArcelorMittal SA, the world’s largest steelmaker, cut its forecast for earnings this year after lower than anticipated iron ore prices ate into the pr(...)

 People protesting about the situation in the Ukraine, outside the Russian Embassy, Dublin,  on Sunday. Photograph: Eric Luke

Stocks slid yesterday, with a global index of equities tumbling the most in a month, and the ruble dropped to an all-time low as Russ(...)

Chief executive Lakshmi Mittal said the Luxembourg-based steelmaker was cautiously optimistic about 2014. Photograph: AP

ArcelorMittal, the world’s largest steelmaker, forecast higher profits this year, driven by higher steel sales and margins, and an increase in iron or(...)

People familiar with the matter said ThyssenKrupp was in exclusive talks to sell Calvert to a consortium of ArcelorMittal and Nippon Steel & Sumitomo Metal. Photograph: Ina Fassbender/Reuters

Germany’s ThyssenKrupp said it was nearing a long-awaited sale of its US steel plant and had reached an agreement to settle a cartel lawsuit, clearing(...)

A worker at an  Arcelor steel plant. The company, which makes 6-7 per cent of global steel and is a broad gauge for the health of the global manufacturing industry, says it believes it had passed the low point of the economic cycle. Photograph: Yves Herman/Reuters

ArcelorMittal, the world’s largest steelmaker, says its two-year slump was over and prospects for 2014 were looking up, after higher US steel shipment(...)

The $500-billion-a-year industry, which is  a gauge of the global economy, has been hit hard by falling demand from austerity-ravaged Europe and slowing growth in China. Photograph: Reuters

ArcelorMittal, the world’s largest steelmaker, defied fears of a profit warning yesterday and kept its earnings forecast for this year, helped (...)