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
Perturbed over delays in getting necessary approvals and land acquisition issues, global steel giant ArcelorMittal is understood to have put its proposed 12-million-tonne steel plant in Orissa on the backburner.
The world's largest steel-maker ArcelorMittal is expected to commence production at its new mill at Jubail, in Saudi Arabia, in the first half of 2012, a news report has revealed.
US firm Peabody Energy and Europe's ArcelorMittal steel company said today their hostile $ 4. 9 billion (3
Billions were wiped off from Britain's super wealthy last week, with Indian-origin steel tycoon Lakshmi Mittal taking the biggest hit, on fears of a recession, says a media report.
The
Peabody Energy has teamed up with ArcelorMittal to offer $5 billion for Australia's Macarthur Coal, the world's bigger producer of pulverised coal, as demand for steel making raw material intensifies
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