Steel baron Lakshmi Mittal drops down South Africa rich list
Mittal's 52 percent holding in ArcelorMittal, worth 6.3 billion rands, now places him at 13th position from 9th last year, 3rd before that, while he topped the list for the preceding six years.
Dec 07, 2014, 20:17 PM IST
Mittal bids for 'environmental disaster' Italian steel plant
ArcelorMittal has teamed up with Italy's Marcegaglia to bid for Ilva, a loss-making Italian steel plant at the centre of a major environmental scandal, the target company confirmed Wednesday.
Nov 26, 2014, 23:20 PM IST
ArcelorMittal posts $22 million profit in July-Sept
ArcelorMittal on Friday reported a net income of USD 22 million for the July-September quarter of this year on the back of higher sales and better price.
Nov 07, 2014, 17:26 PM IST
ArcelorMittal, Gerdau sell US steel mill for $770 million
Gallatin Steel is a joint venture between ArcelorMittal and Gerdau.
Oct 09, 2014, 13:57 PM IST
ArcelorMittal, Gerdau to sell US steel mill for $770 mn
World's biggest steel producer ArcelorMittal today said it has inked a pact with Brazil's Gerdau to sell their 50 percent stakes in US-based Gallatin for USD 770 million, as part of its strategy to divest non-core assets.
Sep 15, 2014, 22:57 PM IST
ArcelorMittal to create 700 jobs in France this year
Buoyed by signs of revival of the European steel market, ArcelorMittal Tuesday announced creation of 700 new jobs in France this year taking its total workforce to nearly 21,000.
Sep 02, 2014, 20:57 PM IST
ArcelorMittal lowers 2014 outlook on lower iron ore price
Steel titan ArcelorMittal said it has reduced its outlook for 2014 because of a lower-than- expected iron ore price, even as it reported a return to profit in the second quarter of this year.
Aug 02, 2014, 01:58 AM IST
ArcelorMittal cuts outlook as ore prices hit mining
ArcelorMittal, the world`s largest steelmaker, cut its forecast for earnings this year after lower than anticipated iron ore prices ate into the profit of its mining business.
Aug 01, 2014, 14:28 PM IST
Dassualt Systemes to acquire Dutch firm Quintiq for $337 million
French software company Dassault Systemes today said it will acquire Netherlands-based firm Quintiq for around 250 million euros (about USD 337 million).
Jul 24, 2014, 22:10 PM IST
Shots fired as Liberia police quell ArcelorMittal mine protest
Liberia`s security forces fired shots in the air to break up a protest at an ArcelorMittal SA iron ore plant northeast of the capital on Friday, authorities and witnesses said.
Jul 05, 2014, 08:08 AM IST
ArcelorMittal mulls bid for Italian steelmaker Lucchini
ArcelorMittal, the world`s biggest steelmaker, is considering making an offer later this month for Italy`s second largest steel producer Lucchini, according to Italian union CGIL FIOM.
Jul 05, 2014, 01:52 AM IST
ArcelorMittal mulls bid for Italian steelmaker Lucchini
According to Venturi, ArcelorMittal is carrying out due diligence on Lucchini in parallel with its assessment of Ilva.
Jul 04, 2014, 22:02 PM IST
ArcelorMittal completes sale of ATIC stake for 155.4 mn euros
ArcelorMittal said its 78 percent stake in the European port handling and logistics company was sold to HES Beheer.
Jun 30, 2014, 19:52 PM IST
IMG to meet next week to review BGs of 61 coal blocks
The meeting of inter-ministerial group (IMG) on coal blocks to look into the issue of bank guarantees related to 61 mines alloted to firms such as ArcelorMittal, Tata Steel and JSPL which was to be held today has been postponed to next week.
Jun 11, 2014, 17:32 PM IST
IMG to meet today to review bank guarantees of 61 coal blocks
The meeting of inter-ministerial group on coal blocks Wednesday will look into the issue of bank guarantees related to 61 mines allocated to firms such as ArcelorMittal, Tata Steel and JSPL.
Jun 11, 2014, 10:00 AM IST
