ArcelorMittal, the world's largest steelmaker, forecast higher profit in the second quarter after surprisingly strong earnings in the first three months of the year.
The Luxembourg-based company said demand grew
Waiting for six years to get $30 billion projects implemented in India, Lakshmi Mittal-promoted ArcelorMittal today said its investment may not materialise for another five years, as it recognises that
ArcelorMittal's planned steel plant investments in India are likely to be stalled for years, the company's chief executive said on Tuesday.
"We continue to experience difficulties in India
ArcelorMittal (ISPA. AS) said on Wednesday it had completed its sale of 134
World's largest steel producer ArcelorMittal has made some headway in India by getting possession of about 1,827 acres for the proposed 6 million tonne plant in Karnataka.
The company said
The world's largest steel maker ArcelorMittal's loss widened to $1 billion in October-December 2011 due to subdued European demand and an $1.3 billion outgo on deferred tax, impairments and
Global steel conglomerate ArcelorMittal has confirmed it will cut 630 of the 6,000 jobs at its Czech plant in the western city of Ostrava to boost competitiveness.
ArcelorMittal received 700
The world's largest steel-maker ArcelorMittal today reported a dip of over 51 per cent in net income to $ 659 million for the quarter ended September 30, 2011, due to
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