Recent Highlights
All Stories for Arcelormittal
ArcelorMittal gets fresh loan commitment of $3 bn; credit facility likely to be used for general corporate purposes
• 5 years agoThe fresh credit facility, ArcelorMittal said, will provide additional financial flexibility in the current extraordinary circumstances.
ArcelorMittal, Nippon Steel sign $5.15 billion 10-year-term loan pact to refinance Essar Steel acquisition
• 5 years agoThe 10-year-term loan would be used to refinance their acquisition of Essar Steel India, now known as ArcelorMittal Nippon Steel India Ltd.
Sanjeev Gupta-led GFG Alliance to invest 2 billion euros in European steel operations; electric furnaces to be installed to reduce emissions
• 5 years agoPrivately-held GFG Alliance will invest 1 billion euros in its Galati operations in Romania and 750 million euros at its Ostrava plant in the Czech Republic, a statement said.
Essar Steel resolution to boost Q3 earnings with Rs 12,000-cr recovery; step to have positive impact on economy: SBI chief
• 5 years agoWith the order, the apex court paved the way for ArcelorMittal's takeover of Essar Steel for Rs 42,000 crore.
ArcelorMittal forays into Indian steel market; completes Rs 42,000-cr Essar acquisition
• 5 years agoGlobal steel giant ArcelorMittal on Monday said it has completed the acquisition of Essar Steel, marking its entry into the Indian steel sector
Essar Steel resolution to boost October-December quarter number: SBI chief Rajnish Kumar
• 5 years agoState Bank of India Chairman Rajnish Kumar on Monday said the resolution of Essar Steel will boost profitability in the third quarter of the current financial year
Mukesh Ambani polevaults to 12th position as world's richest Indian with net worth of $59.4 bn after m-cap nears Rs 10 lakh cr
Fp Staff • 5 years agoWith Reliance Industries having overtaken British energy giant BP Plc to become the sixth-largest energy company in the world, the conglomerate is now valued at $138 billion
Essar Steel insolvency: ArcelorMittal aims to complete acquisition of debt-ridden company by 2019-end
• 5 years agoFollowing the Supreme Court verdict on Essar Steel resolution plan, global steel giant ArcelorMittal said it expects to complete the acquisition of the debt-ridden company by the end of this year
Tata Steel plans to cut up to 3,000 jobs across European operations; two-thirds losses expected to be office-based roles
• 5 years agoTata Steel's quest to boost profitability follows a European anti-trust decision to block a joint venture with Germany's Thyssenkrupp
ArcelorMittal's shares up 2.5%, demand recovery to remain sluggish in near term; all this and more on Moneycontrol Pro
Moneycontrol • 5 years agoArcelorMittal’s shares rose by 2.5% on Friday, the day the Supreme Court cleared its acquisition of Essar Steel.