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ArcelorMittal

Latest articles

4h
Your Hometown Lima Stations
ArcelorMittal to mark grand opening of Detroit facilityof its $83 million facility in Detroit. Mayor Mike Duggan and business leaders
Your Hometown Lima Stations / Posted 4 hours ago
of its $83 million facility in Detroit. Mayor Mike Duggan and business leaders are expected to attend the Feb. 26 event at ArcelorMittal Tailored Blanks Detroit. The 313,000-square-foot (29,100-square-meter) facility is in Detroit's Interstate-94... Read more
5h
Business Standard India
'ArcelorMittal's ineligibility would send wrong signal to global community'Essar Steel bids from ArcelorMittal and Numetal — a company 40 per cent owned b
Business Standard India / Posted 5 hours ago
Essar Steel bids from ArcelorMittal and Numetal — a company 40 per cent owned by Russia's VTB group and 25 per cent by a trust where Ravi Ruia’s son Rewant is a trustee — are awaiting clearance from law firms on eligibility. But Narayanan Vaghul, a... Read more
1d
The Times of Northwest Indiana
ArcelorMittal lost $38.9 million in U.S., won't give out profit-sharing bonuses“ArcelorMittal USA’s profitability is based on earnings before interest and tax
The Times of Northwest Indiana / Posted yesterday
“ArcelorMittal USA’s profitability is based on earnings before interest and taxes and communicated through the hourly profit sharing letter,” ArcelorMittal USA Chief Executive Officer John Brett said. “EBIT is a metric within ArcelorMittal’s audited... Read more
2d
DW
First came jobs, then came death |to be eventually sold for €1.8 billion ($2.2 billion) in mid-2017 to a consorti
DW / Posted 2 days ago
to be eventually sold for €1.8 billion ($2.2 billion) in mid-2017 to a consortium led by the world's largest steel company, ArcelorMittal. The new owners aim to cut 4,000 jobs and before the purchase, secured guarantees they would not be punished... Read more
3d
Business Standard India
Tata Steel top bidder for Bhushan Power, beats JSW with Rs 170-bn offerit stayed away from submitting a bid. AION Capital was also understood to have
Business Standard India / Posted 3 days ago
it stayed away from submitting a bid. AION Capital was also understood to have shown interest but did not submit a bid. ArcelorMittal and a Dubai-based investor, who had submitted an expression of interest, also withdrew from the process.... Read more
4d
The Chippewa Herald
7 former Olympic cities you should visita host of new sports and activities to enjoy at Olympic Park. Free to visitors
The Chippewa Herald / Posted 4 days ago
a host of new sports and activities to enjoy at Olympic Park. Free to visitors every day, the park is home to the striking ArcelorMittal Orbit sculpture, featuring the longest tunnel slide in the world. The park also offers an urban beach and... Read more
4 related articles
4d
DW
ThyssenKrupp thriving on steel and elevator sales |soared nearly sixfold to €160 million ($198 million) due to improved prices tha
DW / Posted 4 days ago
soared nearly sixfold to €160 million ($198 million) due to improved prices that also helped Tata and market leader ArcelorMittal to post strong results in recent weeks. The German company had agreed last September to combine its European... Read more
4d
EuroNews
Steel recovery boosts Thyssenkrupp profitsnearly six-fold to 160 million euros, Thyssenkrupp said, citing improved prices
EuroNews / Posted 4 days ago
nearly six-fold to 160 million euros, Thyssenkrupp said, citing improved prices that already helped global steel leader ArcelorMittal to post a 53-percent profit rise over the same period. Most famous for its steel business, which has roots... Read more
6d
The Hindu
ArcelorMittal, Numetal in race for Essar SteelSteel baron L.N. Mittal-led ArcelorMittal and Mauritius-based Numetal, backed b
The Hindu / Posted 6 days ago
Steel baron L.N. Mittal-led ArcelorMittal and Mauritius-based Numetal, backed by Russian VTB Bank and Rewant Ruia as minority shareholder, have submitted bids to buy out distressed Essar Steel, in line with the corporate insolvency resolution... Read more
9d
Gulf News
Tata Steel profit boosts war chest for asset buys, expansiona government crackdown on bloated capacity in China cut exports from the world’
Gulf News / Posted 9 days ago
a government crackdown on bloated capacity in China cut exports from the world’s biggest supplier and pushed up prices. ArcelorMittal, the world’s largest steelmaker, chalked up its highest annual profits since 2011, while Posco saw its income... Read more
10d
EuroNews
ArcelorMittal to argue case for steelmaker Ilva purchase at EU hearingBy Foo Yun Chee BRUSSELS (Reuters) – World No. 1 steelmaker ArcelorMittal will
EuroNews / Posted 10 days ago
By Foo Yun Chee BRUSSELS (Reuters) – World No. 1 steelmaker ArcelorMittal will seek to fend off EU antitrust concerns about its proposed 1.8-billion-euro (£1.6 billion) purchase of Italian peer Ilva at a hearing on Thursday. The European Commission... Read more
11d
Londonist
Things To Do In London In February 2018 Half Termit. Age 5+, free, just turn up. 1pm/2pm/3pm, 10 & 11 February Sponsor messageK
Londonist / Posted 11 days ago
it. Age 5+, free, just turn up. 1pm/2pm/3pm, 10 & 11 February Sponsor messageKeep the kids occupied this half term at the ArcelorMittal Orbit With a fabulous two-deck observation platform and the world’s longest tunnel slide, we’re big fans of... Read more
11d
Business Standard India
Lenders ask Lakshmi Mittal to repay KSS Petron's debt worth Rs 13.4 bnLenders led by State Bank of India have asked L N Mittal, billionaire-promoter
Business Standard India / Posted 11 days ago
Lenders led by State Bank of India have asked L N Mittal, billionaire-promoter of ArcelorMittal, to repay a debt of Rs 13.40 billion taken by KSS Petron, after the company defaulted on its loans in India. Mittal owns a 33 per cent stake in... Read more
12d
The Hindu
JSW, Tata Steel, in the fray to buy ‘distressed’ Bhushan Steeloutstanding debt of over ₹50,000 crore and was referred to the National Company
The Hindu / Posted 12 days ago
outstanding debt of over ₹50,000 crore and was referred to the National Company Law Tribunal. Steel baron L.N. Mittal-led ArcelorMittal was interested in Bhushan Steel initially, but did not submit bids. ArcelorMittal is learnt to sell its 29.5%... Read more
12d
DutchNews.nl
Job losses threat at Tata Steel IJmuiden as merger draws nearapproved plans for a merger with India’s Tata Steel which would create Europe’s
DutchNews.nl / Posted 12 days ago
approved plans for a merger with India’s Tata Steel which would create Europe’s second-largest steelworks after ArcelorMittal. The transaction is designed to cope with production overcapacity in Europe. Tata Steel has agreed with the... Read more
13d
DW
ThyssenKrupp steelworkers back merger with Tata Steel |Tata Steel unveiled plans to merge their European steel operations and forge Eu
DW / Posted 13 days ago
Tata Steel unveiled plans to merge their European steel operations and forge Europe's second-largest steel group after ArcelorMittal, a move which has led to fears over significant job cuts. The two companies said the deal would help them to... Read more
2 related articles
20d
asianage
Dream weddingsGroup, and Tina Munim (former actress) Cyrus Poonawala, chairman of Poonawalla
asianage / Posted 20 days ago
Group, and Tina Munim (former actress) Cyrus Poonawala, chairman of Poonawalla Group, and Natasha Aditya Mittal, CFO of ArcelorMittal, and Megha Vikas Oberoi, Chairman and Managing Director of Oberoi Realty Ltd, and Gayatri Joshi... Read more
21d
EuroNews
Thyssenkrupp shareholder criticises CEO, demands restructuringfinally struck a deal in December to secure steel plants and jobs, in a major s
EuroNews / Posted 21 days ago
finally struck a deal in December to secure steel plants and jobs, in a major step towards completing a merger that would create Europe’s second-largest steel group after Arcelormittal . (Reporting by Douglas Busvine; Editing by Kevin Lif... Read more
22d
AllAfrica.com
Gbahn, Other Communities to Reject Guest Housein Nimba County Electoral District #8 have threatened to reject guest house con
AllAfrica.com / Posted 22 days ago
in Nimba County Electoral District #8 have threatened to reject guest house constructed for them with funding from ArcelorMittal through the county authority. The citizens said they received US$30,000 from ArcelorMittal as benefit to them... Read more
23d
Your Hometown Lima Stations
Settlement reached in East Chicago pollution lawsuitinvolved hundreds of violations of federal pollution standards. The company su
Your Hometown Lima Stations / Posted 23 days ago
involved hundreds of violations of federal pollution standards. The company supplies coke for the blast furnaces at the ArcelorMittal Indiana Harbor steel mill in East Chicago. Under the agreement with the U.S. Environmental Protection Agency,... Read more
2 related articles
23d
Daily Herald
Settlement reached in East Chicago pollution lawsuitinvolved hundreds of violations of federal pollution standards. The company su
Daily Herald / Posted 23 days ago
involved hundreds of violations of federal pollution standards. The company supplies coke for the blast furnaces at the ArcelorMittal Indiana Harbor steel mill in East Chicago. Under the agreement with the U.S. Environmental Protection Agency,... Read more
2 related articles
23d
FOX 2 News St. Louis
Settlement reached in East Chicago pollution lawsuitinvolved hundreds of violations of federal pollution standards. The company su
FOX 2 News St. Louis / Posted 23 days ago
involved hundreds of violations of federal pollution standards. The company supplies coke for the blast furnaces at the ArcelorMittal Indiana Harbor steel mill in East Chicago. Under the agreement with the U.S. Environmental Protection Agency,... Read more
2 related articles
24d
Business Standard India
Bhushan Steel bids may touch double of liquidation value of Rs 150 bnwith the company pooling in all its resources to make the bids, which might clo
Business Standard India / Posted 24 days ago
with the company pooling in all its resources to make the bids, which might close soon after the Budget next week. ArcelorMittal and Tata Steel are also likely to submit their bids, but whether they would be willing to invest almost Rs 300... Read more
28d
Newham Recorder
Poignant event to mark First World War centenary to come to Queen Elizabeth Olympic ParkSomme event will feature 72,396 shrouded figures, each 12 inches tall, laid out
Newham Recorder / Posted 28 days ago
Somme event will feature 72,396 shrouded figures, each 12 inches tall, laid out in rows on the South Park lawn, near to the ArcelorMittal Orbit. Each figure, wrapped in a hand-stitched shroud, will represent a British serviceman killed at the... Read more
29d
The Times of Northwest Indiana
Foundations of East Chicago hosts college, career fair at high school; unions, banks, community groups therefrom left, E.C. Central junior Areli Enriquez and E.C. Central senior Guillermo
The Times of Northwest Indiana / Posted 29 days ago
from left, E.C. Central junior Areli Enriquez and E.C. Central senior Guillermo Dominguez talk to R.D. Parpart, of ArcelorMittal, about the company's Steelworker of the Future program. The steel giant was one of 54 vendors at The... Read more

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