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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

Nocomment

ArcelorMittal workers scuffle with police over job losses

Police fired tear gas against demonstrating ArcelorMittal workers who had come to protest in front of the European parliament against job cuts and plant closures in Europe.

Police fired tear gas against demonstrating ArcelorMittal workers who had come to protest in front of the European parliament against job cuts and plant closures in Europe.

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

News

Clock ticks over future of ArcelorMittal French steel site

The French government and steelmaker ArcelorMittal are reported to be considering several options to save jobs at a northern plant ahead of a

The French government and steelmaker ArcelorMittal are reported to be considering several options to save jobs at a northern plant ahead of a

News

French, Italian steel trouble

How to reverse decades of industrial decline is at the top of the political agenda for both France and Italy. The furore surrounding

How to reverse decades of industrial decline is at the top of the political agenda for both France and Italy. The furore surrounding

Business

French find investor for troubled ArcelorMittal plant

The French government claims to have found an industrialist willing to invest 400 million euros to restart ArcelorMittal’s Florange

The French government claims to have found an industrialist willing to invest 400 million euros to restart ArcelorMittal’s Florange

News

Mittal steel talks to continue as France ponders nationalisation

French President François Hollande and steel tycoon Lakshmi Mittal have vowed to continue talking over the future of a plant in the north-east of the

French President François Hollande and steel tycoon Lakshmi Mittal have vowed to continue talking over the future of a plant in the north-east of the

News

French president to meet Mittal over plant closures

France’s President Francois Hollande is set to meet Lakshmi Mittal in a bid to end an intensifying row over the fate of two idle steel

France’s President Francois Hollande is set to meet Lakshmi Mittal in a bid to end an intensifying row over the fate of two idle steel

News

Steel giant confirms French furnace closure-600 jobs to go

Steel manufacturer ArcelorMittal has announced the closure of two idle blast furnaces in eastern France and with it the potential loss of more than

Steel manufacturer ArcelorMittal has announced the closure of two idle blast furnaces in eastern France and with it the potential loss of more than

News

Race to save jobs in France

French Minister for Industrial Renewal Arnaud Montebourg travelled to the Lorraine region in a last ditch effort to avoid the partial closure of a

French Minister for Industrial Renewal Arnaud Montebourg travelled to the Lorraine region in a last ditch effort to avoid the partial closure of a

News

ArcelorMittal France workers reach Paris after 10-day march

Singing “we have arrived”, 17 steelworkers from global steel and mining company ArcelorMittal finally reached Paris, after walking for 10 days to

Singing “we have arrived”, 17 steelworkers from global steel and mining company ArcelorMittal finally reached Paris, after walking for 10 days to

News

Steel workers protest near Sarkozy HQ

French steel workers have tried to deliver a noisy message to Nicolas Sarkozy’s campaign headquarters in Paris. They were protesting about the

French steel workers have tried to deliver a noisy message to Nicolas Sarkozy’s campaign headquarters in Paris. They were protesting about the