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ARCELORMITTAL USA
AMNS India reports 64% rise in earnings at $176 million on the back of better demandCommenting on the group's overall performance, chairman, Lakshmi N. Mittal said, “The third quarter marked an improved operating performanc...
London court dismisses ArcelorMittal appeal against EssarThe high court order of March 30 came as steelmaker ArcelorMittal looked to enforce a USD 1.5 billion arbitral award stemming from a soured...
London court dismisses ArcelorMittal plea against EssarIn an 81-page judgment, High Court Judge Andrew Henshaw on Monday found no merit in the case being brought by ArcelorMittal to enforce a wo...
Setback for ArcelorMittal: Cayman Island court refuses worldwide freeze on Essar Global FundA Garnishee Order Absolute prevents the garnishee from making repayment of the debt owed to the judgement debtor.
SC asks Numetal to establish subterfuge charge against ArcelorMittal in divesting sharesNuMetal accused steel and mining major ArcelorMittal of cheating Indian banks of Rs 7,000 crore.
ArcelorMittal to NCLAT; The company was eligible to bid for Essar SteelArguing before the National Company Law Appellate Tribunal (NCLAT) on behalf of ArcelorMittal, senior advocate Harish Salve submitted that ...
Indian-origin steel tycoon purchases ArcelorMittal's US steelworksThe sale marks the first in a series of strategic North American acquisitions and new projects targeted by Gupta-led GFG Alliance.
ArcelorMittal USA to secure up to $1 billion loan facilityThe facility will be secured by inventory and other working capital and related assets of ArcelorMittal USA and certain of its subsidiaries...
USITC hearing on antidumping probe on steel from India in MayThe USITC said it has scheduled the final phase of antidumping and countervailing duty investigations on certain 'corrosion - resistant ste...
ArcelorMittal, Gerdau sell US steel mill for $770 millionIt produces a wide range of steels from low to high carbon grades with an annual capacity of around 1.8 million tonnes.
ArcelorMittal, NSSMC to invest $46.7 million in Calvert steelCurrently, ArcelorMittal Indiana Harbor is the only ArcelorMittal facility in the western hemisphere producing this kind of special steel.
ArcelorMittal's Q1 net loss comes down to $0.205 billionThe company, headed by NRI billionaire Laxmi N Mittal, had clocked $0.345 billion net loss in the January-March quarter of the last year.
ArcelorMittal gets US antitrust nod for Thyssenkrupp dealArcelorMittal today said it has got clearance from the American anti-trust body for acquisition of Thyssenkrupp Steel USA.
- Essar Steel Minnesota signs 10-yr pellet supply pact with ArcelorMittal USA
The company is presently constructing a 7 million tonne per annum iron ore pellet plant at Nashwauk in Northern Minnesota.
S&P downgrades ArcelorMittal on weak global cuesThe agency has lowered long and short-term corporate credit ratings on the Luxembourg-registered steel group to 'BB+/B' from 'BBB-/A-3'.
- LN Mittal spent $470,000 lobbying with US on China
Steel baron Lakshmi Mittal spent $470,000 for lobbying with US lawmakers on issues like action against China's unfair trading practices. Te...
- ArcelorMittal proposes 50:50 JV with Coal India
ArcelorMittal president & CEO Lakshmi N Mittal, reaffirming his commitment to invest Rs 80,000 cr, has proposed a 50:50 JV with Coal India ...