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Arcelor Mittal

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Business

ArcelorMittal share issue to counter falling profits from cheap Chinese steel

ArcelorMittal is to issue 2.7 billion euros of new shares to reduce debt and cut costs with its profits hit by a plunge in steel prices, which the world's largest steelmaker blamed on cheap exports fr

ArcelorMittal is to issue 2.7 billion euros of new shares to reduce debt and cut costs with its profits hit by a plunge in steel prices, which the world's largest steelmaker blamed on cheap exports fr

News

Belgian steelworker suicide blames Lakshmi Mittal for job loss

A Belgian steelworker has committed suicide following the loss of his job at a steel plant in the town of Liege. The 45-year-old father and husband

A Belgian steelworker has committed suicide following the loss of his job at a steel plant in the town of Liege. The 45-year-old father and husband

Business

ArcelorMittal confident for 2013 earnings

The world’s number one steelmaker ArcelorMittal has brushed aside its own profits warning and maintained its earnings forecast for this year on

The world’s number one steelmaker ArcelorMittal has brushed aside its own profits warning and maintained its earnings forecast for this year on

Europe

EU urges steel giant ArcelorMittal to postpone job cuts

Steel giant ArcelorMittal should postpone any plant closures in Europe until June, the European Commission said on Tuesday. Speaking at round-table

Steel giant ArcelorMittal should postpone any plant closures in Europe until June, the European Commission said on Tuesday. Speaking at round-table

News

ArcelorMittal workers clash with police over Belgium closures

A protest against planned job losses at ArcelorMittal has led to clashes between riot police and workers in Belgium’s Wallonian capital of Namur

A protest against planned job losses at ArcelorMittal has led to clashes between riot police and workers in Belgium’s Wallonian capital of Namur

News

Liege steel employees vote to work and protest

Steelworkers employed by Arcelor Mittal in Liege in Belgium are going back to work on Wednesday. But before they do, they will hold a mass protest

Steelworkers employed by Arcelor Mittal in Liege in Belgium are going back to work on Wednesday. But before they do, they will hold a mass protest

Business

Asset sale boosts ArcelorMittal

ArcelorMittal, the world’s biggest steelmaker, enjoyed a strong start to the new year as its share price rose nearly 4.5 percent on Wednesday. An

ArcelorMittal, the world’s biggest steelmaker, enjoyed a strong start to the new year as its share price rose nearly 4.5 percent on Wednesday. An

Business

Weak European demand forces ArcelorMittal writedown

ArcelorMittal is to write down the value of its European business by 3.25 billion euros. The world’s biggest steelmaker said demand fell around

ArcelorMittal is to write down the value of its European business by 3.25 billion euros. The world’s biggest steelmaker said demand fell around

News

France agrees deal to save Florange steelworks

In France, the government has struck a deal with steel giant ArcelorMittal to keep open the firm’s Florange plant in the north of the country

In France, the government has struck a deal with steel giant ArcelorMittal to keep open the firm’s Florange plant in the north of the country