Tag «Lakshmi Mittal»

ArcelorMittal holds 2013 Investor Day

ArcelorMittal is today holding its 2013 Investor Day, during which the Company will (among other things): Re-iterate its 2013 guidance Announce a new management gains improvement target of US$3 billion by the end of 2015 Set out a roadmap to a normalised EBITDA[1] per tonne of US$150 Confirm that the asset optimisation introduced in Q4 2011 …

Hollande threatens ‘nationalisation’ of French Arcelor Mittal plant – Umesh Shanmugam

President Francois Hollande said Tuesday that nationalising ArcelorMittal’s plant in northeastern France would be on the table in talks later with the steel giant’s chief Lakshmi Mittal. “The nationalisation is part of the subjects of the discussion,” Hollande told a joint press conference with Belgian Prime Minister Elio Di Rupo, adding that this would apply …