Saturday 28 May 2016
 
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ArcelorMittal

ArcelorMittal forecasts rise in steel demand

ArcelorMittal, the world's largest producer of steel, has forecast that the global demand for steel will stabilise as it reported improved quarterly results, said a report. The company said it expected global steel consumption

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ArcelorMittal forecasts rise in steel demand

ArcelorMittal, the world's largest producer of steel, has forecast that the global demand for steel will stabilise as it reported improved quarterly results, said a report. The company said it expected global steel consumption

More…

ArcelorMittal supplies new steel to Shetland Islands project

ArcelorMittal, the world's largest producer of steel, has supplied 3,200 tonnes of new steel grade AMLoCor Blue 320 as part of a project to develop Holmsgarth Quay at the Port of Lerwick in the Shetland Islands, Scotland. Cont

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ArcelorMittal seeks S Africa steel tariff protection

Africa's largest steel maker, ArcelorMittal South Africa, has asked the government to impose a 10 per cent import duty on steel and in return it may offer shares to black empowerment partners, a newspaper reported on Sunday. S

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ArcelorMittal plans merger with Italian service firm

The Italian unit of ArcelorMittal Distribution Solutions is planning to create a new joint venture with Italian service CLN (Coils Lamiere Nastri), said a report. The European Commission’s directorate-general for com

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ArcelorMittal mulls bid for Italian steel giant

ArcelorMittal, the world's biggest steelmaker, is considering making an offer later this month for Italy's second largest steel producer Lucchini, according to Italian union CGIL FIOM. Lucchini, formerly owned by Russia

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ArcelorMittal eyes China for reviving growth

ArcelorMittal, the world's top steelmaker, said it would use its Chinese joint venture to tap into the country's fast-growing car market, helping offset slackening steel demand on the back of a slowing economy. The company

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ArcelorMittal upbeat on US market

ArcelorMittal, the world's largest steelmaker, trimmed its forecast for global steel demand due to a sharper Chinese slowdown and weakness in Russia, though it expressed optimism about its core European and US markets. The com

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ArcelorMittal trims loss by 24pc

ArcelorMittal yesterday said that it cut its net loss by a quarter last year as it turned in surprisingly strong operating figures, saying steel-making was back on track. The steel and mining giant also reported strong progress in

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ArcelorMittal to shut down French furnaces

Steelmaker ArcelorMittal told unions on Monday it will permanently close two mothballed furnaces in northeastern France, enraging workers who blocked off access to the entire steel plant and management offices at the site. The dec

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