Tag «arcelormittal»

Agreement between ArcelorMittal and NSSMC regarding joint venture to acquire Essar Steel India Limited

ArcelorMittal (The Company) has signed a joint venture formation agreement with Nippon Steel & Sumitomo Metal Corporation (NSSMC) in relation to its offer to acquire Essar Steel India Limited (Essar Steel). The Company’s subsidiary ArcelorMittal India Private Limited (AMIPL) submitted a Resolution Plan for Essar on 12 February, which outlined the intention to have NSSMC …

New LD(BOF) converter from Primetals Technologies enters service at ArcelorMittal Hochfeld

Maintenance-free Vaicon Link 2.0 converter suspension offers long service life Newly developed horizontal measuring and sampling unit in use At the end of January, a new LD(BOF) converter constructed by Primetals Technologies in a turnkey project entered service at the German steel producer ArcelorMittal Hochfeld GmbH. It has a tapping weight of 150 metric tons …

ArcelorMittal reports fourth quarter 2017 and full year 2017 results

Luxembourg, January 31, 2018 – ArcelorMittal (referred to as “ArcelorMittal” or the “Company”) (MT (New York, Amsterdam, Paris, Luxembourg), MTS (Madrid)), the world’s leading integrated steel and mining company, today announced results[1] for the three month and twelve month periods ended December 31, 2017. Highlights: Health and safety performance improved in FY 2017 with annual …

ArcelorMittal reports third quarter 2017 results

Luxembourg, November 10, 2017 – ArcelorMittal (referred to as “ArcelorMittal” or the “Company”) (MT (New York, Amsterdam, Paris, Luxembourg), MTS (Madrid)), the world’s leading integrated steel and mining company, today announced results[1] for the three month and nine month periods ended September 30, 2017. Highlights: Health and safety: LTIF rate of 0.67x in 3Q 2017 …

ArcelorMittal announces US$1.0 billion three-year investment programme in Mexico

28 September 2017 – ArcelorMittal (‘the Company’) today announces a major US$1 billion, three-year investment programme at its Mexican operations, which is focussed on building ArcelorMittal Mexico’s downstream capabilities, sustaining the competitiveness of its mining operations and modernising its existing asset base. The programme is designed to enable ArcelorMittal Mexico to meet the anticipated increased …

ArcelorMittal announces new management team in Italy

13 September 2017 – ArcelorMittal today announces that Matthieu Jehl, vice president, ArcelorMittal, will be appointed chairman and chief executive officer of AM Investco Italy Srl (‘AM Investco’), effective 1 December 2017. Additionally, Samuele Pasi has been appointed general manager of ArcelorMittal, and chief financial officer of AM Investco and head of institutional relationships, Italy, …

ArcelorMittal reports second quarter 2017 and half year 2017 results

Luxembourg, July 27, 2017 – ArcelorMittal (referred to as “ArcelorMittal” or the “Company”) (MT (New York, Amsterdam, Paris, Luxembourg), MTS (Madrid)), the world’s leading integrated steel and mining company, today announced results[1] for the three month and six month periods ended June 30, 2017. Highlights: Health and safety: LTIF rate of 0.72x in 2Q 2017; …

ArcelorMittal publishes its 2016 Report on Payments to Governments in respect of Extractive Activities

27 June 2017 – ArcelorMittal (’the Company’) has today filed its 2016 report on Payments to Governments in respect of Extractive Activities, which provides a consolidated overview of payments made by the Company and its subsidiaries in 2016 to governments regarding its mining operations. The report, which complies with new reporting requirements under Luxembourg law, …

ArcelorMittal led consortium reaches agreement regarding Ilva lease and purchase agreement

16 June 2017 – ArcelorMittal (‘the Company’) and Marcegaglia announce that AM Investco Italy Srl (‘AM Investco’) has concluded the exclusive negotiation phase and reached a binding agreement concerning the lease and obligation to purchase Ilva S.p.A and its subsidiaries with the Italian Government. The ancillary documentation will be completed by 30 June. Intesa Sanpaolo …