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Arcelor Mittal business headlines and news reports

SEAISI Press Release
Fri, 08 Nov 2019 00:00:00 GMT
ArcelorMittal expects Essar Steel court order in Novembe

SEAISI Press Release
Wed, 06 Nov 2019 00:00:00 GMT
ArcelorMittal increases longs offers across Europe: sources

ArcelorMittal says it is calling off acquisition of Italy's Ilva
Tue, 05 Nov 2019 00:00:00 GMT
ArcelorMittal's decision sparked outrage across Italy, with trade unions blaming the steel giant and the ruling anti-establishment for pulling the rug out from under the deal which would have safeguarded thousands of

ArcelorMittal to hand Ilva plant back to Italian state over legal ...
Mon, 04 Nov 2019 08:47:43 GMT
ArcelorMittal said on Monday it was withdrawing from a deal to buy struggling Italian steelmaker Ilva after Rome reneged on a promise to give it immunity from prosecution over its heavily polluting plant. The decision represents a blow to Italy's ruling coalition, which had hoped to dissuade the steel giant from pulling out of the contract, and will raise questions about the country's reliability as a partner for foreign investors. ArcelorMittal reached a deal last year to buy Ilva, which is based in the southern city of Taranto and employs 8,000 workers in a region with one of the highest unemployment rates in

ArcelorMittal returns control of former Ilva to administrators
Mon, 04 Nov 2019 00:00:00 GMT
ArcelorMittal has told the Italian authorities that it will terminate the lease and the subsequent purchase of the Italian integrated steelmaker formerly known as Ilva, Kallanish learns from the company. As per the agreement signed at the end of October 2018, the company has the right to withdraw from the contract. This will effectively

Arcelor notifies Italy of Ilva exit
Mon, 04 Nov 2019 00:00:00 GMT
Luxembourg-based ArcelorMittal has today notified the Italian government of its intention to withdraw from the lease agreement for steelmaker Ilva, giving the extraordinary commissioners 30 days to take responsibility for the assets. The company began operating Ilva under a lease agreement that started on 31 October 2018 and is scheduled to finish in August

Steel giant ArcelorMittal to review Canadian iron ore assets
Wed, 23 Oct 2019 02:44:00 GMT
The company is reviewing its iron ore assets in Canada, Brazil and Liberia, the people said, asking not to be identified as the matter is private. ArcelorMittal is speaking with financial advisers

Hot Metal Desulfurization and dedusting system from Primetals ...
Thu, 10 Oct 2019 00:00:00 GMT
Recently, at the production site of Brazilian steel producer ArcelorMittal Monlevade a 130-ton-hot-metal desulfurization station (DeS) and a new dedusting system supplied by Primetals Technologies commenced operation. The desulfurization station represents the first installation of Primetals Technologies combining a volumetric dosing device for Magnesium (Mg) and a pressure dispenser for Calcium Oxide (CaO). Low sulfur levels of lesser than 0,005% (50ppm) can be achieved. The consumption of

Liberty commits to $220 million Galati investment
Mon, 23 Sep 2019 00:00:00 GMT
Liberty Steel has committed to investing over 200 million ($220m)in its Galati steelworks to boost competitiveness, extend product range and support sales growth. A sign of that investment in the former ArcelorMittal mill, which Liberty acquired in July, is the new cutting line commissioned last week, Liberty says. Following its acquisition of various ArcelorMittal

LIVE MARKETS-Opening snapshot: Steel slips, banks rise; Next ...
Thu, 19 Sep 2019 01:07:00 GMT
European steel and industrial stocks ArcelorMittal ... drug ingredient makers in competition probe BUZZ-United States Steel falls after gloomy outlook Brazil's Oi in talks to sell mobile unit to

Czech automotive output, exports rebound in July
Mon, 16 Sep 2019 00:00:00 GMT
Czech automotive outputincreased 1.48% on-year in January-July to 838,142 units, reversing from the -1.47% decline seen after six months, according to the latest Czech Automotive Industry Association (AIA) data seen byKallanish. The Czech Republic is Central and Eastern Europe (CEE)s largest car manufacturer, sourcing automotive steel from US Steel Kosice (USSK) and ArcelorMittal among

ArcelorMittal to sell downstream construction business: report
Mon, 16 Sep 2019 00:00:00 GMT
ArcelorMittal is allegedly exploring a sale of downstream construction activities as it divests peripheral operations,according to a media report monitored byKallanish. Bloombergsuggests that the steelmaker is apparently working with advisers to prepare an auction of the companys downstream construction segment involved in the supply of steel building systems. The sale of these is estimated

ArcelorMittal Distribution Solutions tops Polish distributors' ...
Fri, 13 Sep 2019 00:00:00 GMT
ArcelorMittal Distribution Solutions Polska stormed into first place in the Polish Union of Steel Distributors (PUDS) ranking of top-performing Polish steel distributors in2018,Kallanishnotes. This was the first time since 2010 that ArcelorMittals distribution arm participated in the ranking. The firm sold 1.24 million tonnes of steel in 2018, almost double the volume of its

Rebar(RB) Growing Popularity and Emerging Trends in the Market ...
Tue, 03 Sep 2019 05:16:00 GMT
Some are the key players from the coverage that are also part of the study are ArcelorMittal (Luxembourg) , Gerdau S.A (Brazil) , Nippon Steel & Sumitomo Metal Corporation (Japan) , Posco SS-Vina , Co

ArcelorMittal reports $0.447 billion net loss for June quarter
Thu, 01 Aug 2019 00:00:00 GMT
ArcelorMittal follows January-December financial year.

Number of news reports: 15

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