Steel
ArcelorMittal raises $4 bn to cut debt
11 Jan 2013
ArcelorMittal, the world’s largest steelmaker whose debt has been cut to “junk” status in recent months by global credit rating agencies,has successfully raised $4 billion yesterday in order to reduce the group’s debt.
ArcelorMittal to sell $1.1 bn stake in Canadian iron ore mine to Posco, China Steel
02 Jan 2013
ArcelorMittal, battling sluggish steel demand, is looking to offload a 15 per cent stake in Canada's Labrador Trough iron ore mining and infrastructure as part of a process to cut debt
ArcelorMittal takes $4.3-bn writedown on European business
22 Dec 2012
ArcelorMittal, the world’s largest steelmaker, says demand had fallen by about 29 per cent since 2007 and there was no sign of a quick recovery
ArcelorMittal sells 20 % stake in Canada’s Baffinland Iron Ore Mines to partner Nunavut
14 Dec 2012
With debts of around $23 billion, ArcelorMittal has sold a 20-per cent stake in Canada's Baffinland Iron Ore Mines to Nunavut
Mittal can’t be trusted, says French minister
03 Dec 2012
France strikes deal with Mittal to save Florange operations
01 Dec 2012
Under the deal, ArcelorMittal would invest 180 million euros ($234 million) in its Florange steelworks in Lorraine, saving around 600 jobs at the two shuttered blast furnaces
