The surge was driven by $0.8 billion in exceptional items, net of impairments and tax effects, alongside margin gains and strategic investments. ArcelorMittal, the worldās leading steel and mining company, posted a robust financial performance for the second quarter of 2025, reporting a threefold increase in net income to $1.8 billion, up from $504 million...
Tag: Nippon Steel
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SAIL to expand global footprint
Steel Authority of India (SAIL) is in talks with Nippon Steel, Sumitomo Metal Corp and Kobe Steel for potential technical agreements to help it expand its global footprint. SAIL may also consider buying troubled domestic steel firm assets if offered a cheaper price.
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SAIL in talks with Nippon Steel, Kobe for collaboration
Steel Authority of India (SAIL) is in talks with Nippon Steel, Sumitomo Metal Corp and Kobe Steel for potential technical agreements to help it expand its global footprint.