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ARCELORMITTAL SHARES
Steel giants step on capex pedalJSW, Tata, SAIL, JSPL are set to hike capex up to 65%; spending surge defies West Asia cost pressures.
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...
Banks led by SBI had asked ArcelorMittal to clear dues of two firms: NuMetal to SCA bench of Justices R F Nariman and Indu Malhotra took note of the submissions with a word of caution saying the charges and counter-charge...
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 ...
‘Arcelor’s stake sale in Uttam Galva violates their bank undertaking’Shareholders alleged that ArcelorMittal transferred shares without seeking permission of lenders.
ArcelorMittal's $3 bn rights issue likely to open on March 14ArcelorMittal's $3 billion rights issue is expected to open on March 14 as the steel giant tries to reduce debt after its losses widened se...
- 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 India to have greater say in Uttam Galva; stock down
ArcelorMittal India, the local arm of the world's largest steelmaker, will have a greater say in the operations of the Mumbai-based Uttam G...
- ArcelorMittal India to have greater say in Uttam Galva
ArcelorMittal will review a production plan being prepared by Uttam Galva's promoters with senior management executives to improve profitab...
- ArcelorMittal, Nunavut deal ends Baffinland war
ArcelorMittal and Nunavut Iron Ore have agreed a joint offer for Canadian mining company Baffinland, ending a two-month bidding war, Arcelo...
- ArcelorMittal increases offer for Canada's Baffinland
The increased cash offer of 1.40 Canadian dollars per share raises it valuation of Baffinland to 550 million US dollars (415 million euros).
- ArcelorMittal, Baffinland send offer to shareholders
ArcelorMittal and Baffinland Iron Mines Corporation on Sunday said they have sent a detailed version of the USD 431 million takeover bid by...
- ArcelorMittal buys remaining 3.57 pc stake in Ostrava arm
ArcelorMittal said its Czechoslovakian operations -- ArcelorMittal Ostrava -- has become a wholly-owned subsidiary of itself.
Miglanis keep Metallics out of Arcelor-Uttam dealThe Miglanis have kept Uttam Galva Metallics, which houses the pig iron facility in Wardha, Maharashtra, out of the deal with Arcelor-Mitta...
Uttam Galva ropes in ArcelorMittal as co-promoterUttam Galva Steels brought in ArcelorMittal as co-promoter, to ensure raw material security and to gain from access to high steelmaking tec...
- ArcelorMittal to buy back 44 mn shares
The ArcelorMittal Board of Directors approved a new share buy-back programme for up to a maximum of 44 million shares.
- ArcelorMittal buys UK business for undisclosed sum
ArcelorMittal, the world's largest steelmaker, said on Tuesday it agreed to buy steel distributor NSD Ltd for an undisclosed sum to boost i...
- ArcelorMittal ready to share its R&D with local steel companies
Arcelormittal is ready to share its R&D with local steel players, particularly Steel Authority of India (SAIL). This was indicated here by ...
- Arcelor shareholders seek court order blocking buyout
Hedge fund investors in steel giant Arcelor SA asked a Dutch court on Wednesday to block the company's $40 billion takeover by Mittal Steel...
- ArcelorMittal justifies revised offer
"It has been approved by the board of directors, which includes independent ones," said the spokesperson.