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ArcelorMittal inks strategic pact with Algeria’s Sider

World's largest steelmaker ArcelorMittal on Monday said it has signed a strategic agreement with Algerian firm Sider that includes selling part of its stake in two steel firms there to the state-owned...

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Thank you Lakshmi Mittal for investing in US, creating jobs: Obama

"I want to thank your CEO, Lakshmi Mittal, for investing in America and the Cleveland area," Obama said during his visit to the ArcelorMittal Cleveland Steel Factory in Cleveland, Ohio yesterday.

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Lakshmi Mittal tumbles to 9th spot in SAfrica’s rich businessmen list

Mittal's wealth dropped substantially with the ArcelorMittal SA share price having almost halved in the past year.

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Will Lakshmi Mittal join IPL bandwagon, buy Delhi Daredevils?

According to reports, ArcelorMittal chairman Lakshmi Mittal will soon join Mukesh Ambani and Vijay Mallya in the IPL owners' club.

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Decoder: Lakshmi Mittal’s IPL interest mirrors his corporate conquests

The owner of ArcelorMittal had built the largest steel empire in the world by acquiring cheap plants that had rich legacy but were faring poorly when the businessman bought them.

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ArcelorMittal, Gerdau to sell stakes in US steel mill for $770 mn

ArcelorMittal is the world's leading steel and mining company, with a presence in more than 60 countries and an industrial footprint in over 20 countries. The post ArcelorMittal, Gerdau to sell stakes...

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RIL, ONGC on top-100 global list for education CSR spending

UK-based ArcelorMittal, owned by Laskhmi Mittal family of Indian origin, is ranked 75th, while the overall list is topped by Spain's Banco Santander. The post RIL, ONGC on top-100 global list for...

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ArcelorMittal sells its Kuzbass coal mines in Siberia to Russian firm

The steel major had acquired the Kuzbass mines in 2008 as part of the company’s strategy to secure delivery of coal to ArcelorMittal steel operations in Ukraine. The post ArcelorMittal sells its...

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ArcelorMittal to sell LaPlace and Vinton steel plants in US

World's largest steel manufacturer ArcelorMittal is selling its LaPlace and Vinton Long Carbon facilities in the US to an affiliate of the asset management firm Black Diamond Capital Management. The...

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ArcelorMittal-Sail’s Rs 5,000 cr JV to start operations by Dec this year

The proposed JV will construct a cold rolling mill and other downstream finishing facilities in India The post ArcelorMittal-Sail’s Rs 5,000 cr JV to start operations by Dec this year appeared first on...

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