28
Jun
12:44
ArcelorMittal implements mining segment organisational change
ArcelorMittal will from its second-quarter earnings onwards report its captive mining operations as part of their relevant steel segment. The mining segment will be renamed “Seaborne Iron Ore” and comprise only ArcelorMittal Mines Canada (AMMC) and the firm’s Liberia unit.
The steelmaker initially announced the organisational change in early May (see Kallanish passim). The move follows the group’s steps to streamline and optimise its busine…
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Very good overview of the weekly steel market.
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