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ARCELORMITTAL EARNINGS
ArcelorMittal Q1 Results: Net income jumps over 80% to $4,125 million"Our first quarter performance was overshadowed by the war in Ukraine. Our focus has been on providing support to our 26,000 colleagues and...
ArcelorMittal Q4 Results: Firm posts three-fold jump in net income at $4,045 mnSales rose to $20,806 million in October-December 2021, over $14,184 million in the year-ago period.
ArcelorMittal Nippon Steel India reports an operating profit of Rs $551 mn in the Sept quarterOn a consolidated basis, global steel major ArcelorMittal reported an EBITDA increase of 20 per cent to $6.1 billion (around Rs 45,402 cror...
Essar Steel: Mittals seek immunity from probesWorries stem from BPSL case, where ED attached assets of the company after it was taken over by JSW Steel.
LN Mittal’s son Aditya may head new Essar Steel boardArcelorMittal is integrating Essar Steel into its fold, marking the global giant's first major foray here.
Essar Steel shareholder seeks ArcelorMittal's disqualification over ties with loan defaulting firmsA shareholder has moved NCLAT against Mittal's bid over his ties with loan defaulting cos run by his brothers.
Nippon Steel joint venture to be equity accounted: ArcelorMittalArcelorMittal said in a statement that its investment in the JV will be “equity accounted”.
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...
Moody's assigns Baa3 ratings with stable outlook to ArcelorMittalThe upgrade reflects Moody's expectation that the company will maintain strong operating performance.
- ArcelorMittal reports net loss of $709 million in Q3 of 2012
ArcelorMittal reported steel shipments of 19.9 million tonne in Q3 of 2012, a decrease of 8.3% as compared to Q2 of 2012.
- ArcelorMittal SAfrica sees Kumba row dragging on
ArcelorMittal South Africa said its price dispute with Kumba Iron Ore could take two years to resolve, further complicating the outlook for...
- ArcelorMittal unveils bond issue to cut debt
The world's biggest steel maker ArcelorMittal said on Thursday it would issue 2.25 billion dollars' worth of bonds to help reduce its debts...
- Crisis forces ArcelorMittal to review growth target
ArcelorMittal, the world's biggest steel producer said on Thursday that the financial crisis has forced it to review its global growth targ...
- ArcelorMittal to cut steel production 10-15 pc in Poland
Global steel Goliath ArcelorMittal said Tuesday it would reduce production at plants in Poland by 10 to 15 per cent compared to 2007, a com...
- Is ArcelorMittal moving towards a catastrophic workers' strike?
The company's workers in US have got the authority to launch a strike, which will be one of the largest strikes in years. Easy remittances ...
- ArcelorMittal posts record profit of $19.4 bn
Double digit growth figures are rather rare in Europe's currently dismal corporate landscape. But ArcelorMittal, the world's largest steel ...
- Mittal family to receive $780 mn dividend payout
Steel tycoon L N Mittal's family will receive about $780 million (413 million pounds) payout next year under the guaranteed minimum dividen...