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ARCELORMITTAL EUROPE
ArcelorMittal fears sales, profitability getting impacted in 2020 on coronavirus spreadThe Luxembourg-headquartered company is the world's largest steel producer with steel-making operations in 18 countries on four continents,...
ArcelorMittal makes deeper cuts to steel production in EuropeThe company said it would reduce primary steel production at its facilities in Dunkirk, France and Eisenhuettenstadt, Germany.
ArcelorMittal gets EC nod to sell European steel assets to Liberty HouseArcelorMittal is the world's leading steel and mining company, with a presence in 60 countries and an industrial footprint in 17 countries.
ArcelorMittal says reached pact with Liberty House for sale of Dudelange, Liege assetsThe company Thursday said it will be successful in integrating and delivering rapid improvement at Ilva, Europe's single largest integrated...
Italian steelmaker Ilva gives approval to the company's acquisition by ArcelorMittalArcelorMittal committed to shedding certain European assets in Italy, Romania, Macedonia and the Czech Republic to get approval from the Eu...
Moody’s upgrades ArcelorMittal from Ba1 to Baa3Moody's also expects that a possible acquisition of Indian steelmaker Essar Steel would be structured in a way to have only a limited finan...
ArcelorMittal sees capex rising to USD 3.8 bn in 2018ArcelorMittal has already announced a major USD 1 billion investment programme for its Mexican operations, which are focussed on building A...
ArcelorMittal discloses plan to maintain industry leadershipThe group said its European footprint offers a unique advantage to leverage benefits of size and scale and implement efficiency improvement...
SAIL-ArcelorMittal $1 billion JV to be finalised by December: GovernmentSingh met ArcelorMittal Chairman Lakshmi Mittal in London last month and discussed the JV, which aims at setting up an automotive steel pla...
Steel minister Chaudhary Birender Singh meets top ArcelorMittal officials in LondonArcelorMittal and SAIL signed a MoU in May 2015 to explore the possibility of setting up a state-of-the-art automotive steel manufacturing ...
ArcelorMittal to simplify management structureArcelorMittal has said it will simplify its management structure in-line with an on going drive to promote a performance-driven culture.
ArcelorMittal rejigs top management, no change in IndiaAiming to simplify its operations, world's largest steel maker ArcelorMittal has reorganised its top management structure.
- ArcelorMittal to increase shareholding in Chinese joint venture with Valin Group
In step with the new shareholding agreement, Valin and ArcelorMittal will increase their planned capacity by 25% from 1.2 million tons to 1...
- ArcelorMittal rejigs management, bigger role for Aditya Mittal
Under the new portfolio shakeup, Aditya Mittal will have the additional responsibility for flat carbon for the European market as well.
- ArcelorMittal looking at buying into Brazil's MMX: Reports
Europe-based ArcelorMittal, is interested in buying into Brazil's MMX Miner to bolster its iron ore supplies.
- ArcelorMittal looks to spin off stainless steel unit
ArcelorMittal plans to spin off its stainless steel unit to the parent’s shareholders, signalling the failure of years of talks among produ...
- ArcelorMittal to buy 14 pc stake in Czech arm for $ 404 mn
ArcelorMittal, today said it would acquire additional 13.8 per cent stake in its Czech arm ArcelorMittal Ostrava for $ 404.3 million.