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- EUROPEAN UNION
- Stock markets Shares rose as gains in banks, energy stocks and French equities offset falls in car and drug makers. France's President, Nicolas Sarkozy, said the government would launch a major stimulus plan. Cement group Lafarge, banks Soc Gen and Credit Agricole, and steel maker ArcelorMittal all...
- Research articles 2008-11-26
- Get a Deep Insight into the World Steel Markets
- Reportlinker.com announces that a new market research report related to the Metal manufacturing industry is available in its catalogue. World Steel Markets http://www.reportlinker.com/p087369/World-Steel-Markets.html This report analyzes the worldwide markets for Steel in Millions of Metric Tons. The End-use applications for Steel analyzed are...
- Research articles 2008-05-05
- ArcelorMittal plans massive India investment
- NEW DELHI AFP — Global magnate Lakshmi Mittal is looking to build two steel plants in India for about 18 billion dollars which would be the largest ever foreign investment in the country, reports said Thursday. The investment by ArcelorMittal would eclipse the 12-billion-dollar steel plant South Korean rival...
- Research articles 2007-07-26
- ArcelorMittal Gives Muted Outlook
- By Philip BlenkinsopBRUSSELS (Reuters UK) - ArcelorMittal ISPA, the world's largest steelmaker, dampened recovery expectations on Wednesday with a muted forecast for the final three months after a return to profit in the third quarter.The company's shares dropped as much as 6.4 percent to a three-month low of 22.94 euros...
- News items 2009-10-28
- Investing in Steel: Just Plain Good Sense
- Shiv Kapoor submits: At $21 ArcelorMittal MT yields 7.1%. The dividend of $1.50 per share is sustainable through an extended rough economic patch. Since 2000, world steel capacity utilization has increased from 85% to over 95%. Long term capacity growth is still required to satisfy growing needs of India,...
- External links 2008-11-07
Additional Resources
- ArcelorMittal Plunges on S. African Steel Price Cuts
- Trader Mark submits: It is amazing how one price decrease in 1 country is now the "shot heard round the world" in our hair trigger, global market. ArcelorMittal MT, the world's biggest steelmaker, fell the most in two months in New York trading after saying...
- External links 2008-09-03
- ArcelorMittal and Kalagadi Manganese Announce the Unconditional Participation of ArcelorMittal in Kalagadi Manganese
- JOHANNESBURG, South Africa -- Regulatory News: Following the announcement on 20 November 2007, in which Kalagadi Manganese and ArcelorMittal announced the finalisation of an agreement confirming the selection of ArcelorMittal as a joint venture partner in developing Kalagadi's manganese deposits, the Parties have today announced that all conditions precedent...
- Research articles 2008-09-03
- ArcelorMittal Announces the Termination of the Sparrows Point Purchase Agreement with E2
- LUXEMBOURG & CHICAGO -- Regulatory News: ArcelorMittal (NYSE: MT) announces today that it has terminated its agreement with E2 Acquisition Corporation ("E2") for the sale of ArcelorMittal USA's Sparrows Point, Baltimore facility and related assets to E2 due to E2's inability to secure financing. ArcelorMittal terminated the purchase...
- Research articles 2007-12-17
- Severstal says it will buy ArcelorMittal US plant for 810 mln dlrs
- MOSCOW AFP — Russian steelmaker Severstal said on Friday it had reached a deal with the biggest world steel group ArcelorMittal to buy one of ArcelorMittal's US plants for 810 million dollars (520 million euros). The Sparrows Point plant has annual capacity of 3.6 million tonnes, said Severstal, describing...
- Research articles 2008-03-21
- ArcelorMittal to invest in 729-million-dollar China joint venture
- SHANGHAI AFP — Steel giant ArcelorMittal and its Chinese partners have agreed to set up a five-billion-yuan (729-million-dollar) automobile steel joint venture, one of the Chinese firms said. Hunan Valin Steel Tube and Wire Co. will have a 34-percent stake in the joint venture while ArcelorMittal and Hunan Valin...
- Research articles 2008-06-29
- ArcelorMittal Partners with the World's Leading Design Software Editors to Promote Its Construction Products
- LUXEMBOURG -- Regulatory News: ArcelorMittal, the world's largest steel company, announces that it has signed agreements with four leading editors of programs used in building and construction to include ArcelorMittal predesign software in their products. These partnerships, the first of their kind, will further promote the use of ArcelorMittal...
- Research articles 2007-11-17
- ARCELORMITTAL BUY OF SAAR FERNGAS APPROVED.
- The European Commission authorised, on 22 November, the purchase of the German natural gas supplier and gas transportation network operator, Saar Ferngas AG SFG, by Arcelor Luxembourg S.A. Arcelor, a subsidiary of the ArcelorMittal group. The tra The European Commission authorised, on 22 November, the purchase...
- Research articles 2007-12-05
- ARCELORMITTAL EXTENDS EDS CONTRACT WITH $75 MIL GERMAN PACT.
- EDS has announced that ArcelorMittal, Russelsheim, Germany, the world's largest steel group, has extended its contract until the end of 2011. The agreement, worth approximately US$75 million, is specific to infrastructure and application services at EDS has announced that ArcelorMittal, Russelsheim, Germany, the world's...
- Research articles 2008-02-01
- ArcelorMittal holds majority stake in China Oriental
- HONG KONG AFP — ArcelorMittal, the world's largest steel producer, has raised its stake in China Oriental to more than 73 percent, becoming the first foreign company to take control of a Chinese steelmaker. According to a Hong Kong stock exchange filing, the Luxembourg-based company has increased its holding...
- Research articles 2007-11-21
- ArcelorMittal signs takeover deal with Chinese steel maker
- HONG KONG AFP — ArcelorMittal, the world's largest steel producer, said Thursday it had signed a deal to take over China Oriental, as it tries to gain further inroads into the world's biggest steel market. ArcelorMittal will raise its stake to 73.13 percent from 28.02 percent of shares in...
- Research articles 2007-12-12
- ArcelorMittal, China's Angang Steel discuss possible tie-up: report
- BEIJING AFP — ArcelorMittal, the world's biggest steel maker, is eyeing a stake in China's Angang Steel in its latest foray into the enormous Chinese market, the Financial Times said on Monday. Lakshmi Mittal, the Indian billionaire and chief executive of ArcelorMittal, proposed buying a near 25-percent stake in...
- Research articles 2008-05-04
- ArcelorMittal Announces Sale of Sparrows Point
- LUXEMBOURG & ROTTERDAM, Netherlands -- Regulatory News: The world's leading steel manufacturer, ArcelorMittal, announces today that ArcelorMittal USA has entered into an agreement to sell its Sparrows Point facility and related railroad, intellectual property and other assets for an undisclosed purchase price to a joint venture entity sponsored by...
- Research articles 2007-08-02
- ArcelorMittal surprises with 31% profit surge, sees more
- PARIS AFP — ArcelorMittal, the biggest steel group in the world, reported a 31-percent leap in net profit to 8.2 billion dollars (5.3 billion euros) on Wednesday and said it expected even stronger trends in the third quarter. ArcelorMittal said that the figures, well ahead of targets, were driven...
- Research articles 2008-07-30
- ArcelorMittal buys Brazilian iron mine
- PARIS AFP — Global steel giant ArcelorMittal said Wednesday it had acquired an iron mine in Brazil for about 810 million dollars (550 million euros), expanding its access to the metal as prices soar. The company, the world's biggest steel producer, said it bought the London Mining Brasil iron...
- Research articles 2008-08-20
- ArcelorMittal Upgrades Contract With GlobalEnglish
- GlobalEnglish Corporation, the leading provider of online learning and support for business English communication, today announced that ArcelorMittal, the world's number one steel company, has upgraded its multiyear contract. After signing an initial agreement with GlobalEnglish in 2006, Mittal Steel merged with steel giant Arcelor, and ArcelorMittal became the...
- Research articles 2008-02-20
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