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 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(...)

Japanese students take ‘walking to a new level’

A group of students at Japan’s Nippon Sports Science University have taken walking to a whole new level. Some 11,000 people gathered at the univers(...)