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De-allocate 3 mines, chop bank guarantee of 4 blocks: IMG

Deallocation of three more coal blocks was on Wednesday recommended by the Inter-Ministerial Group, which concluded scrutiny of 29 mines and will meet on Thursday to review further cases. The......

IMG skirts decision on coal block cancellation

Meeting in the midst of a raging controversy, an inter-ministerial group on coal blocks on Monday skirted a decision on cancelling allotments of 58 mines, but firmed up the guidelines for......

Essar Steel bid: Trouble brews for ArcelorMittal

Seeking ArcelorMittal be declared ineligible to bid for Essar Steel, the petition cited Section 29A of the Insolvency and Bankruptcy Code which bars promoters of defaulting companies from bidding......

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......

ArcelorMittal wins bid to buy out Essar Steel

The Committee of Creditors have issued ArcelorMittal and its partner Japan's Nippon Steel & Sumitomo Metal Corp a Letter of Intent declaring them as the "successful applicant". The world's largest......

How ArcelorMittal became an eligible bidder for Essar Steel

Sources close to the development said a significant amount of around Rs 7,000 crore had been put into the SBI account with a proposal on escrow of the deposited funds. ArcelorMittal has......

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......

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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ArcelorMittal boss says EU must respond further to Trump's steel tariffs

Europe urgently needs to take further measures to offset the impact of import tariffs imposed by U.S. President Donald Trump, the chief executive... ...

http://feeds.reuters.com/~r/reuters/INbusinessNews/~3/HI7kuolDgf8/arcelormittal-boss-says-eu-must-respond-further-to-trumps-steel-tariffs-idINKCN1TD0Z2
EU blocks Thyssenkrupp-Tata steel merger plan

The aim of the merger had been to create the second largest European steel company behind multinational giant ArcelorMittal and to join forces in... ...

https://www.moneycontrol.com/news/business/eu-blocks-thyssenkrupp-tata-steel-merger-plan_12637041.html
Sajjan Jindal, Chairman, JSW Group

Jindal feels the near-$10 billion cheque that ArcelorMittal may be writing for Essar Steel may not be viable. By Vatsala Gaur , Satish John , ET... ...

https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/courts-banks-must-fast-track-essar-resolution-sajjan-jindal-chairman-jsw-group/articleshow/69669527.cms
Guinea iron ore prospectors set sights on ArcelorMittal rail

The race to mine Guinea's iron ore has started although the focus is not on its giant Simandou deposits but on smaller finds whose output could be... ...

http://feeds.reuters.com/~r/reuters/INbusinessNews/~3/ZR-pWFSIzy4/guinea-iron-ore-prospectors-set-sights-on-arcelormittal-rail-idINKCN1T620V
7 years on, ArcelorMittal sits on 2.6k acres meant for steel plant

7 years on, ArcelorMittal sits on 2.6k acres meant for steel plant ...

http://timesofindia.indiatimes.com/city/bengaluru/7-years-on-arcelormittal-sits-on-2-6k-acres-meant-for-steel-plant/articleshow/69656218.cms

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