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ArcelorMittal keen to spread wings in India

ArcelorMittal may be interested in Bhushan Steel or Essar Steel, two of the five steel companies referred by the RBI for insolvency proceedings.Ishita Ayan Dutt reports. ArcelorMittal, the world's......

An ace deal maker who won the Posco, Arcelor Mittal deals

In corporate India where family disputes have become far too common, the Miglanis work as a team. Image: Ankit Miglani, A steel tycoon in the making.     Uttam Galva Steels promoter......

ArcelorMittal's Q1 net loss widens to $728 mn on currency headwinds

World's largest steel company ArcelorMittal on Thursday reported a net loss of $728 million for the first quarter ended March 31 on account of currency headwinds as well as declining iron ore......

ArcelorMittal cuts R&D expenses by 4% amid a global slowdown

World's largest steel company ArcelorMittal on Tuesday said it has cut expenditure on research and development by 4 per cent at $259 million for 2014 amid a global offset in the sector. The......

ArcelorMittal's Q1 net loss comes down to $0.205 bn

World's largest steel maker ArcelorMittal announced a lower net loss for the first quarter at $0.205 billion on higher EBITDA and sales, but the company is ‘cautiously optimistic’ for......

Lakshmi Mittal tops 2009 UK football rich list

ArcelorMittal chief Lakshmi Mittal is the richest man in British football. According to the 2009 FourFourTwo.com Rich List, the London-based Indian steel magnate, who brought 20 per cent stake in......
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Sajjan Jindal,T V Narendran elected to worldsteel key posts

JSW Steel CMD Sajjan Jindal has been elected treasurer and Tata Steel MD T V Narendran and ArcelorMittal chief L N Mittal as members of the global... ...

http://www.business-standard.com/article/pti-stories/sajjan-jindal-t-v-narendran-elected-to-worldsteel-key-posts-117101800865_1.html
Lakshmi Mittal donates $25 m to Harvard University's South Asia Institute

Steel tycoon Lakshmi Mittal has donated $25 million to the prestigious Harvard University with an aim to increase engagement with South Asian... ...

http://www.deccanherald.com/content/638194/lakshmi-mittal-donates-25-m.html
Italian steelworkers strike over planned job losses after ArcelorMittal takeover

Workers at the troubled Ilva steel plant in southern Italy on Monday held a 24-hour-strike over plans to cut 4,000 jobs as part of its... ...

http://smetimes.tradeindia.com/smetimes/news/global-business/2017/Oct/10/italian-steelworkers-strike-over-planned-job-losses1636001.html
Thyssenkrupp unions fear loss of rights in Tata deal structure

The two firms agreed last month to merge their European steel operations to create the continent#39;s second-biggest steelmaker after ArcelorMittal... ...

http://www.moneycontrol.com/news/business/thyssenkrupp-unions-fear-lossrightstata-deal-structure_9821981.html
Thyssen-Tata merger puts Port Talbot plant at risk amid dismal earnings

The merger will forge Europe's No 2 steelmaker after ArcelorMittal Last Updated at October 2, 2017 18:24 IST ...

http://www.business-standard.com/article/companies/thyssen-tata-merger-puts-port-talbot-plant-at-risk-amid-dismal-earnings-117100200653_1.html

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