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The world's number two steelmaker, ArcelorMittal, said on Thursday its half-year net profit jumped on exceptional items but US tariffs began to eat into its margin. Net profit for the period from ...
Pedestrians use umbrellas as they pass the Empire State Building during a rain storm Thursday, July 31, 2025, in New York.
Comprehensive overview of a recent magnet fishing operation, documenting the recovered items and outlining their context and ...
"Disappointing but not surprising" — that's how steel industry leaders are reacting to Ottawa and Washington failing to reach a trade deal by today's deadline.
A global economic advisory firm says in an updated forecast that Canada's plans to ramp up defence spending will help to lift the economy this year but it won't be enough to pull it out of a downturn.
Canada is staring down an August 1 deadline and the threat of a 35% U.S. tariff added atop existing levies on some exports ...
Algoma’s shipments to the U.S. for the first and second quarters represented 54 per cent and 53 per cent, respectively, of ...
Canada's manufacturing sector contracted for a sixth straight month in July as tariffs undercut trade with the United States ...
Despite being offered billions in subsidies, steel giant ArcelorMittal has suspended plans to transition to green steel production in Germany. Is this an isolated case — or a warning sign for ...
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Talks with the South African government have so far yielded little progress to avert the closure of loss-making long steel operations at ArcelorMittal South Africa , the company said on Monday.
These stories show how volatility in global markets is pushing manufacturers to make painful workforce decisions.