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ArcelorMittal announces $1 bn fixed cost-reduction programme; to cut 20 pc of corporate office staffIn an update for the October-December quarter of 2020 and full year 2020, ArcelorMittal said the USD 1 billion structural fixed cost-reduct...- Tale of two acquisitions: Mittal Steel's acquisition of Arcelor and Tata Steel's acquisition of CorusIn 2006-07, two Indian steelmakers made two big-ticket acquisitions. Both the deals — by Mittal and Tata Steel — turned sour by 2014.
- ArcelorMittal Flat Carbon Europe posts operating loss of euro 366 millionThe loss in Q4 2013 went up on a sequential basis compared to an operating loss of euro 131m in Q3 2013.
- European steel demand to remain lower than pre-crisis levels: Laxmi MittalLakshmi N Mittal was the chief guest at the convocation ceremony at the Indian Institute of Management- Ahmedabad (IIM-A) on Saturday, wher...
- EU ministers to raise alarm on ArcelorMittal lay-offsArcelorMittal is shutting down six cold-processing facilities in the Liege region of eastern Belgium, blaming weak demand.
- Lakshmi Mittal vs France: Get ready for second round of clashesSaturday’s truce between Mittal and Paris on keeping a small Arcelor unit running is most unlikely to be permanent. French politics and Mit...
- Next six days: Events of note in the week aheadTHE DEADLINE ENDS TODAY for ArcelorMittal to find a buyer for the Florange plant in north-eastern France and save jobs of workers there.
- No end to Lakshmi Mittal-France faceoffArcelor Mittal CEO LN Mittal's row with the French government over the closure of two blast furnaces in France has all the hallmarks of blo...
- France, ArcelorMittal spar over Florange site deepens: ReportFrance has said that talks with ArcelorMittal on finding a suitor for the steel giant's facilities in the country would continue till Satur...
- London Mayor Boris Johnson mocks France for comments against ArcelorMittalThe London Mayor was speaking to Indian industry leaders at a Ficci meeting here seeking investment for world's leading financial centre.
- Lakshmi Mittal to meet French President Francois Hollande amid showdown: SourceThe meeting will come before a Saturday deadline ArcelorMittal gave the French government to find a buyer for its shuttered blast furnaces ...
- ArcelorMittal to cut 1,400 jobs in FranceArcelorMittal has already announced an overall cut in steel production of 15 per cent. How to stay afloat in your job I Pink slip blues | C...
- ArcelorMittal planning to shut units?ArcelorMittal workers in France and Belgium said on Thursday that the company has told them it will stop steel output at some plants. Young...
- ArcelorMittal and Areva sign industrial partnership agreementArcelorMittal said on Thursday that it had signed an agreement with French nuclear operator Areva for a 70 million euro investment for the ...
- ArcelorMittal to shed jobs from French wire rod plantSteel maker ArcelorMittal will shed jobs from a loss-making plant in eastern France that makes wire rod.
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