Ukraine's major steelmaker ArcelorMittal Kryvyi Rih is closing another of its divisions in Ukraine due to a deepening energy crisis caused by Russia's ongoing attacks on the Ukrainian energy system, t... ...

Appointment of David Clarke As New Director of Vallourec Meudon (France), 26 February 2026 –The Board of Directors of Vallourec, meeting today, decided to co-opt, at the request of ArcelorMittal, Mr. David Clarke as a member of Vallourec Board of Directors, replacing Mr Keith James Howell. Mr. David Clarke was also appointed as a member of the Nominations and Governance Committee. The ratification of Mr. Clarke’s appointment will be proposed at the Group’s next Shareholder’s meeting on 21 May 2026. Biograph ...

Appointment of David Clarke As New Director of Vallourec Meudon (France), 26 February 2026 –The Board of Directors of Vallourec, meeting today, decided to co-opt, at the request of ArcelorMittal, Mr. David Clarke as a member of Vallourec Board of Directors, replacing Mr Keith James Howell. Mr. David Clarke was also appointed as a member of the Nominations and Governance Committee. The ratification of Mr. Clarke’s appointment will be proposed at the Group’s next Shareholder’s meeting on 21 May 2026. Biograph ...

AM/NS Vibrance是一款专为家电制造商研发的彩涂钢材，主要瞄准冰箱、洗衣机、微波炉等家电产品的制造需求。与之相对，AM/NS Optima为零锌花镀锌钢材，适用于空调系统、工业面板及洁净室设施等工业应用场景。AM/NS India表示，两款产品的推出旨在降低原始 设备制造商（OEMs）对进口镀层钢材的依赖，助力实现产品国产化替代，提升供应链韧性。 印度镀层钢材市场增长前景强劲 印度安赛乐米塔尔尼普敦钢铁公司（AM/NS India）于近日发布公告称，公司正式推出两款高端品牌钢材产品——AM/NS Vibrance与 AM/NS Optima，此举是其实现"高附加值钢材营收占比达75%"战略目标的重要举措。该行动凸显出AM/NS India正聚焦强化其在高利润下 游领域的市场布局，尤其深耕家电及工业应用用镀层钢材赛道。 两款新品聚焦家电与工业应用场景 扩充产品矩阵，锚定耐用消费品市场增长 此次新品成功加入AM/NS India现有的镀层钢材产品矩阵，与Optigal、Magnelis、Optiga Prime及Optiga Pinnacle等产品形成互补。据悉，到 2026-2027财年，印度耐用消费 ...

Market Performance - European stocks closed positively, with the pan-European Stoxx 600 up by 1.19%, the UK's FTSE 100 climbing 1.23%, Germany's DAX gaining 1.12%, and France's CAC 40 ending 0.81% higher [1][3]. - Defense stocks rose due to an agreement between India and France to strengthen defense and aerospace ties [2]. - Mining and banking sectors also saw significant gains, with notable performances from companies like Antofagasta, which soared nearly 11% [4]. Company Updates - BAE Systems reported a better-than-expected 12% rise in full-year operating profit, leading to a 4% increase in its shares [4]. - In Germany, Rheinmetall climbed more than 5%, and Heidelberg Materials gained about 4.3% [5]. - Bayer's shares fell over 7% due to a proposed $10.5 billion settlement related to litigation over its Roundup weedkiller [6]. Sector Performance - In the UK market, mining companies such as Fresnillo, Anglo American Plc, and Glencore gained between 4.25% and 4.8% [4]. - In France, companies like Thales, ArcelorMittal, and STMicroelectronics saw gains of 2%-5% [7]. - Notable declines were observed in food retailer Carrefour, which slid more than 5% after reporting a decline in operating profit [8]. Economic Indicators - France's inflation eased to the lowest in five years, with the consumer price index rising only 0.3% year-on-year in January [9]. - The EU harmonized inflation softened to 0.4% from 0.7% in December, marking the weakest rate since December 2020 [10]. - In the UK, the consumer price index posted an annual increase of 3% in January, the lowest since March 2025 [12].

ArcelorMittal's stricken South African unit may get a bid from a group of local steel processors with the help of the Industrial Development Corp https://t.co/YVe9mCx10x ...

Core Viewpoint - BlueScope Steel Limited is a significant player in the steel manufacturing industry, known for its flat steel products and operations across North America, Australia, and Asia, competing with major manufacturers like ArcelorMittal and Nippon Steel [1] Financial Performance - On February 15, 2026, BlueScope reported earnings per share (EPS) of $0.58, exceeding the estimated $0.52, indicating better profit generation than anticipated [2] - The company generated revenue of approximately $5.49 billion, slightly below the estimated $5.61 billion, suggesting challenges in increasing sales despite effective cost management [2] Valuation Metrics - BlueScope's price-to-earnings (P/E) ratio is approximately 151.80, indicating a high valuation relative to its earnings, suggesting investors are willing to pay a premium for its shares [3] - The price-to-sales ratio and enterprise value to sales ratio both stand at 0.78, reflecting that the market values the company's sales at less than one times its current market price [3] Financial Stability - The debt-to-equity ratio of 0.08 indicates a low level of debt relative to equity, suggesting the company is not heavily reliant on borrowed funds, which is advantageous for financial flexibility [4] - The current ratio of 1.96 shows that BlueScope has nearly twice as many current assets as current liabilities, indicating good short-term financial health [4] Cash Flow and Earnings Yield - The enterprise value to operating cash flow ratio is 9.01, indicating how many times the company's operating cash flow is covered by its enterprise value, providing insight into cash generation capabilities [5] - The earnings yield of 0.66% offers a perspective on earnings generated per dollar invested, which is the inverse of the P/E ratio, contributing to a comprehensive view of financial standing [5] Summary - BlueScope Steel Limited reported an EPS of $0.58, surpassing estimates, while revenue fell short of expectations, indicating potential challenges in sales growth [6] - Financial metrics reveal a strong valuation and financial health, with a notable debt-to-equity ratio of 0.08 [6]

Company Overview - ArcelorMittal is the world's leading steel and mining company, operating in over 60 countries with a balanced portfolio of cost-competitive steel plants across both developed and developing markets [11] - The company is a leader in key sectors including automotive, household appliances, packaging, and construction [11] Investment Potential - ArcelorMittal has a Zacks Rank of 3 (Hold) and a VGM Score of A, indicating a solid investment profile [11] - The company is particularly appealing to growth investors, with a Growth Style Score of B and a forecasted year-over-year earnings growth of 28.3% for the current fiscal year [12] - Recent upward revisions in earnings estimates by two analysts over the last 60 days have increased the Zacks Consensus Estimate by $0.11 to $4.94 per share [12] - ArcelorMittal has an average earnings surprise of +26.6%, further enhancing its attractiveness to investors [12]

Core Insights - Liberia's President Weah urgently calls for Senate approval of the Mineral Development Agreement (MDA) with ArcelorMittal, emphasizing its importance for national economic credibility and U.S. strategic interests in the region [1] Group 1: Agreement Details - The MDA includes a signing bonus of $200 million, increased community development funds, and mining fees, along with "Liberianization" clauses aimed at enhancing local participation in management and employment [1] - The agreement has already been overwhelmingly approved by the House of Representatives and is now under Senate review [1] Group 2: Political Context - President Weah's call for urgency follows high-level diplomatic meetings in Guinea, where U.S. officials highlighted ArcelorMittal's investment as a cornerstone of U.S. national security interests in the region [1] - There are reports of some senators attempting to link the MDA approval to a controversial port decentralization bill, which may complicate the legislative process [1] - Internal power struggles within the Senate could also impact the progress of the MDA approval [1] Group 3: Economic Impact - ArcelorMittal is one of the largest foreign investors in post-war Liberia, and its operations are deemed crucial for the country's economic recovery [1]

Group 1 - The global order is being reshaped by U.S. President Donald Trump's policies, prompting "middle powers" to take proactive measures in response to U.S. hegemony [1] - Financial markets are increasingly favoring non-U.S. equity markets and energy stocks, with a bullish outlook on currencies like the euro and Canadian dollar [1] - Major equity markets and emerging markets are projected to experience double-digit earnings growth in 2026, as the focus shifts away from U.S. exceptionalism [1] Group 2 - Over 73% of companies in Europe's STOXX 600 index that reported fourth-quarter earnings exceeded expectations, compared to a typical quarter's 54% [1] - The FTSE 100 index has surpassed the 10,000 milestone for the first time and is up 5% this year, outperforming the S&P 500's 1.4% increase [1] - European energy stocks are nearing their highest levels since 2008, driven by a focus on critical resources and energy production [1] Group 3 - The "Made in Europe" strategy aims to protect local industries by setting minimum requirements for European content in manufactured goods, although it has caused divisions among EU countries [1] - Analysts believe that the long-term effort to bolster growth through trade and increased spending will persist, benefiting currencies like the Canadian dollar, Japanese yen, and euro [1] - Middle powers are forming strategic partnerships that align with their interests, as highlighted by the recent actions of Canada and the EU [1]