World's largest steel maker ArcelorMittal today said it will close a coke plant and six production lines in Liege facility in Belgium as demand weakens further in Europe.
The Lakshmi
ArcelorMittal SA and Brazil's Cia. Siderúrgica Nacional SA have emerged as leading bidders for steel mills ThyssenKrupp AG is trying to sell in the United States and Brazil
ArcelorMittal today said it plans to raise $3. 5 billion through selling shares and mandatorily convertible subordinated notes to reduce its debt
ArcelorMittal the world's biggest steelmaker will write down the value of its European business by about $4. 3 billion as the economic problems on the continent have dampened
A politically charged deal between the French government and ArcelorMittal to preserve jobs at an ailing steelworks looked at risk of unravelling on Thursday after the global steel giant ditched
ArcelorMittal, the world's largest steelmaker, will invest 138 million euros and preserve jobs at a Belgian site after reaching an agreement with unions and the regional government.
Europe's steel industry
The French government and steelmaker ArcelorMittal are aiming to clinch a deal to save jobs and avoid a temporary nationalisation of its Florange steelworks, government sources said on Friday as
The world's largest steelmaker ArcelorMittal today said it has reached a pact to sell its 50 per cent stake in South African miner Kalagadi Manganese for $ 447 million to
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