at the very Core of it all … is Content!
ArcelorMittal Flat Carbon Europe’s management has announced that it intends to make several investments at their Avilés site, located in Asturias. Amounting to a total of €17.2 million, the main improvements resulting from these investments are related to product quality, internal logistics and customer service. The investments include a new tinplate inspection line, an upgrade …
Luxembourg, 5 August 2013 – ArcelorMittal has published today its Half-Year Report for the six month period ended 30 June, 2013 (“HY Report”). As a result of the adoption and early adoption of new IFRS accounting standards as of 1 January 2013 in accordance with IFRS as issued by the International Accounting Standards Board and as …
Luxembourg, August 1, 2013 – ArcelorMittal (referred to as “ArcelorMittal” or the “Company”) (MT (New York, Amsterdam, Paris, Luxembourg), MTS (Madrid)), the world’s leading steel company, today announced results for the three and six month periods ended June 30, 2013. Highlights: Health and safety performance maintained in 2Q 2013 with a LTIF rate of 0.9x EBITDA …
Luxembourg, August 1st, 2013 – ArcelorMittal today announced results for its Flat Carbon Europe segment for Q2 2013. The segment recorded an operating loss of €151 million for Q2 2013 which excludes interest and tax costs. This includes restructuring costs totalling €119 million mainly associated to the asset optimisation of the liquid phase in Florange, …
July 24, 2013, China – Valin ArcelorMittal Automotive Steel Co., Ltd. (VAMA), the joint venture between ArcelorMittal and Valin Steel, officially unveiled its brand today in Loudi, China. Mr. Wang Jun, chairman of VAMA, and Sanjay Sharma, CEO of VAMA, attended the ceremony and presented VAMA’s brand strategy. The VAMA brand, symbolised by its new logo, represents the …
ArcelorMittal has been selected by the STX France shipyard in St Nazaire to supply 100% of the steel for the hull and 20 bridges in the world’s biggest cruise ship. The world’s leading steel and mining company has signed a contract to supply more than 40,000 tonnes of plates and coils from its European sites. …
Luxemborg, July 17, 2013 – ArcelorMittal has met today with the Government of Odisha’s Chief Secretary to inform him that the company has decided not to progress with its planned construction of an integrated steel plant and a captive power plant in the district of Keonjhar. ArcelorMittal initially planned to construct a 12 million tonne …
Luxembourg, July 16, 2013 — ArcelorMittal (the “Company” or “ArcelorMittal”) and ArcelorMittal USA LLC (“AM USA” and together with ArcelorMittal, the “Offerors”) today announced the expiration and final results of the tender offer (the “Offer”) to purchase for cash any and all of AM USA’s 6.500% Notes due 2014 (the “Notes”), which was previously announced …
Q1. What percent of the steel projects that were kicked off with such fun fare a few years back are now stalled? What are the prospects of these stalled projects seeing the light of the day, at least in the near to medium term? Q2. What, according to you will be India’s steel …
Luxembourg, July 1, 2013 — ArcelorMittal (the “Company” or “ArcelorMittal”) and ArcelorMittal USA LLC (“AM USA” and together with ArcelorMittal, the “Offerors”) today announced the early tender results of the tender offer (the “Offer”) to purchase for cash any and all of AM USA’s 6.500% Notes due 2014 (the “Notes”), which was previously announced on …