Tag «luxemborg»

ArcelorMittal requests MoU for planned steel plant in Keonjhar is not renewed; continues with projects in Jharkhand and Karnataka

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 …

ArcelorMittal Announces Final Tender Results of its Offer to Purchase Any and All of ArcelorMittal USA’s USD 6.500% Notes due 2014

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 …

Siemens to modernize electric arc furnace for ArcelorMittal Esch-Belval in Luxemburg

ArcelorMittal Esch-Belval has awarded Siemens Metals Technologies an order to renew core components of its electric arc furnace in the Esch-sur-Alzette steel works in Luxemburg. The direct current electric arc furnace will receive a new lower shell with a fin-type anode, and a new EAF tilting platform. The new equipment will not only increase the …

Ternium receives payment of all outstanding amounts in connection with Sidor’s nationalization

Luxembourg, October 10, 2012 – Ternium S.A. (NYSE: TX) announced today that it has received payment of the unpaid portion of the agreed-upon compensation for the May 2009 transfer of its interest in Sidor. Ternium received USD136.7 million. The receipt of this payment resolves the pending dispute with Venezuela relating to the nationalization of Sidor, …