at the very Core of it all … is Content!
US$3.0 billion capital raise US$1.0 billion from sale of Gestamp Pro forma net debt below US$12 billion Luxembourg, 5 February, 2016 – ArcelorMittal (the “Company”) today announces a proposed[1] capital raise of US$3.0[2] billion which, alongside the sale of its minority stake in Gestamp for approximately US$1 billion also announced today, would reduce pro forma …
10 July 2015 – ArcelorMittal, the world’s leading steel and mining company, today announces that Simon Wandke has been nominated Executive Vice President of ArcelorMittal and promoted to Chief Executive Officer of ArcelorMittal Mining, with immediate effect. Simon replaces Bill Scotting, who is leaving the company to pursue other opportunities. Simon joined the company in …
22 May 2015 – ArcelorMittal, the world’s leading steel and mining company, and the Steel Authority of India Limited (‘SAIL’), India’s leading steel company, today, signed a Memorandum of Understanding (‘MoU’) to set up an automotive steel manufacturing facility under a Joint Venture (‘JV’) arrangement in India. The MoU was signed in London today by …
Moscow, 08 October 2014 – The Board of Directors of the World Steel Association (worldsteel) has elected the following new officers for 2014/2015 at worldsteel’s 48th Annual Conference in Moscow, Russia. The new Chairman takes office from today, Wednesday 8th October, 2014. The new officers are elected for one year, until October 2015. Chairman: Wolfgang …
New York, 17 June 2014 Good morning everyone. I am delighted to be here with all of you today. I missed last year’s event, so it’s good to be back. Today I want to speak to you about two main points: one about the material and the second about the general economic health. I have …
Valin ArcelorMittal Automotive Steel Co (VAMA) today officially opened its new advanced automotive steel plant in China, beginning a new era of automotive manufacturing in the country. VAMA, the joint venture between ArcelorMittal and Hunan Iron & Steel Co., will produce high-strength automotive steels that currently have to be imported, for the Chinese market. …
Loudi, China, 15 June 2014 – Valin ArcelorMittal Automotive Steel Co (VAMA) today officially opened its new advanced automotive steel plant in China, beginning a new era of automotive manufacturing in the country. VAMA, the joint venture between ArcelorMittal and Hunan Iron & Steel Co., will produce high-strength automotive steels that currently have to be …
10 March 2014 – ArcelorMittal is today holding its 2014 Investor Day, when the company will: * Reiterate its 2014 guidance * Update its medium term roadmap to a normalised Ebitda[1] per tonne of US$150 * Outline the recovery plan underway to improve Ebitda in its ACIS business segment * State that it expects global …
Luxembourg, 11 December 2013 – ArcelorMittal today announces it has reviewed its organisation with the aim of simplifying it. As a result, it has been decided to manage the business according to region, while also maintaining the product specialisation within those regions. This will enable the businesses to continue to have their own dedicated strategy and …
São Paulo, 07 October 2013 – The Board of Directors of the World Steel Association (worldsteel) has elected the following new officers for 2013/2014: Chairman: Joon-Yang Chung, Chairman and CEO, POSCO Vice Chairmen: Alexey Mordashov, CEO, Severstal JSC Wolfgang Eder, Chairman and CEO, voestalpine AG Treasurer: Eiji Hayashida, President and CEO, JFE Steel Corporation …