Thu, Feb 08, 2024
Global steel giant ArcelorMittal on Thursday posted a net loss of USD 2,966 million during the December quarter, affected by lower steel prices.
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Thu, Jul 27, 2023
ArcelorMittal Q1 Results: Global steel giant ArcelorMittal posted over 50 per cent decline in its net income at USD 1,860 million in the April-June quarter.
Sun, Oct 30, 2022
The company has been working hard on the expansion plan to ensure it captures the potential that is here in India.
Tue, Mar 21, 2017
Reliance Industries' chairman and MD Mukesh Ambani has topped the list of Indian billionaires featured in Forbes recent survey titled 'The World's Billionaires' with global ranking of 33 and networth of $23.2 billion, find out names of other Indians in the list.
Sun, Nov 20, 2016
AMSA was set to make a huge loss for the six months ending December.
Tue, Nov 08, 2016
Global steel giant ArcelorMittal said on Tuesday it has earned a net profit of $700 million (633 million euros or nearly Rs 4,656.93 crore) last quarter, but warned low prices in the United States (US) and rising input costs would squeeze future earnings.
Thu, Sep 29, 2016
Tata Steel is making good progress on acquiring the land it needs to double the capacity of its newest steel plant in Odisha to meet growing demand in the country, a company executive said.
Mon, Aug 22, 2016
Steelmaker ArcelorMittal in South Africa has agreed to pay a $110-million fine for illegal price fixing, the country`s competition commission announced Monday.
Thu, Aug 18, 2016
EY said in a report published on Thursday steel firms took on debt as they fought for market share, notably the Chinese steel sector has added about a billion tonnes of capacity since 2000, helping to take global excess capacity to about 700 million tonnes.
Fri, Jul 29, 2016
Over the period, EBITDA -- a measure of operating profit -- stood at $1.8 billion, nearly double that of the previous quarter.
Sun, May 29, 2016
The Lakshmi Mittal-led ArcelorMittal’s, the world’s largest steelmaker, plans of setting up a steel plant in India have met with yet another dead-end.
Tue, Apr 19, 2016
Angry steel manufacturers in Europe have urged the EU to mirror the United States in punishing China with fresh tariffs, but the Brussels based bloc has so far proved reluctant to challenge Beijing more directly on the issue.
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