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Arcelormittal Sa

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ArcelorMittal's Rs 42k cr plan for Essar Steel gets conditional nod

A two-member bench headed by Justice S J Mukhopadhaya said there is no stay on the Resolution Professional of Essar Steel to disburse the funds among financial and operational creditors of the......

After 6 years on top, Lakshmi Mittal drops out of SA rich list

In 2012, Mittal was ranked third in the annual Sunday Times Rich List and a year later, he was at the 9th position. Non-resident Indian steel baron Lakshmi Mittal, who had topped South Africa's......

French oil major pulls out of AP deal

After India-born billionaire Lakshmi N Mittal, French oil major Total SA has pulled out of the planned $10-billion refinery-cum-petrochemical project at Vizag in Andhra Pradesh. "Total has informed......

ArcelorMittal buys 70% pie in Brazilian firm

World's largest steel producer ArcelorMittal today said it has acquired 70 per cent stake in Brazilian steel processor Manchester Tubos e Perfilados SA. This comes close on the heels of steel......

Essar joins race to buy ArcelorMittal's mill

Essar Steel has emerged as one of the potential suitors for the Sparrows Point, Md., mill of ArcelorMittal SA, with leading Russian steelmakers, according to a report. "The most prominent suitors......

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