Arcelor Mittal

14 Mar 2024

ArcelorMittal, the world’s second-largest steelmaker, on Tuesday said it will acquire a 28.4 per cent stake in French steelmaker Vallourec, for around 955 million euros ($1.04 billion), to expand its tubular products portfolio.

02 Aug 2022

ArcelorMittal also announced a new $1.4bn buyback programme of 60 million shares, to be completed by the end of May 2023, despite a 2 per cent decline in its net income to $3.92 billion for the second quarter ended 30 June 2022

07 Jun 2021

17 Mar 2020

18 Dec 2019

With an annualised crude steel production capacity of 7.5 million tonnes and iron ore pellet facilities with current annual capacity of 14 million tonnes, the new joint venture company AM/NS India plans to increase finished steel shipments to 8.5 million tonnes over the medium-term

15 Nov 2019

04 Jul 2019

The NCLAT also revised the approved claims of operational creditors to Rs19,700 crore, up from Rs5,000 crore and said the committee of creditors has no role in distribution of amount between operational and financial creditors

01 Jul 2019

The deal brings Liberty Steel’s total rolling capacity to over 18 million tonnes, covering a wide range of finished products, and catapults it into top 10 steel producers globally outside China

03 Jun 2019

18 Apr 2019