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...
05 May, 2022, 01.17 PM IST
ESL bid: ArcelorMittal says no link between its eligibility and businesses of Mittal's brothersThe company's statement comes a day after Russia's VTB Group-backed Numetal upped the ante against rival bidder ArcelorMittal, alleging tha...
18 Sep, 2018, 04.39 PM IST
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...
22 Jun, 2018, 09.30 PM IST
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...
14 May, 2018, 06.50 PM IST
ArcelorMittal says its bid is eligible for Essar SteelBoth VTB and Arcelor-Mittal have offered resolution plans for Essar Steel, that owes more than Rs 52,000 crore to its creditors.
06 Mar, 2018, 11.28 AM IST
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...
04 Jul, 2017, 04.46 PM IST
ArcelorMittal Brasil and Votorantim sign agreement to combine their Brazilian long steel businessesThe combination of the businesses will result in a long product steel producer with annual crude steel capacity of 5.6 million tonnes.
23 Feb, 2017, 07.35 PM IST
- 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...
28 Jul, 2010, 07.38 PM IST
- ArcelorMittal bets on acquisitions
Global steel giant ArcelorMittal has said that it is likely to continue to expand its base by acquiring companies worldwide even though it ...
15 Feb, 2010, 12.44 AM IST
- 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.
12 Nov, 2009, 06.39 PM IST
- ArcelorMittal closing New York state plant
Steelmaker ArcelorMittal will close its plant in Lackawanna, New York, at the end of April, putting 260 employees out of work.
10 Dec, 2008, 04.04 AM IST
- Arcelor Q2 profit doubles on strong demand, price hikes
ArcelorMittal, the world’s largest steelmaker, said on Wednesday its second-quarter profit more than doubled as it increased steel prices t...
31 Jul, 2008, 12.07 AM IST
- For IT, ArcelorMittal looks to India
Analysts say it would be a revenue booster for both Satyam & MindTree, given that the IT needs of ArcelorMittal are unlikely to be modest. ...
29 Apr, 2008, 06.07 AM IST
- Kazakh authorities attack ArcelorMittal mine safety
Kazakh authorities investigating the death of 30 miners working for steel giant ArcelorMittal today harshly criticised security measures at...
23 Apr, 2008, 11.14 PM IST
- 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 ...
14 Feb, 2008, 01.26 AM IST
- Steel baron Lakshmi Mittal to get $935 million dividend
NRI steel tycoon Lakshmi Mittal will get a hefty dividend package of $935.5 million this year by virtue of his stake in ArcelorMittal. Glob...
21 Jan, 2008, 02.07 PM IST
- SAIL sees synergy in ArcelorMittal tie-up
Domestic steel major Steel Authority of India (SAIL) is open to collaborating with ArcelorMittal in a buoyant market.
26 Jul, 2007, 03.07 AM IST