Tag: Arcelor-Mittal

ArcelorMittal signed a non-binding Memorandum of Understanding with SNIM to evaluate the opportunity to jointly develop a pelletisation plant and a DRI production plant...

The International Stainless Steel Forum (ISSF) has announced the winners of the Gold, Silver and Bronze Awards in the categories new technology and new development during ISSF-21.

Arcelor Mittal has won the latest rounds of a legal battle with hedge funds and other investors over the offer terms for shares in Arcelor SA it doesn't already own.

Acesita (Brazil), an affiliate of Arcelor Mittal, may acquire another service centre in order to expand its distribution arm, Acesita Serviços.

As part of its expansion strategy in Central & Eastern Europe, Arcelor Mittal will invest in a new Steel Service Centre (SSC) in Krakow, Poland.

On 23 January a Dutch court effectively blocked moves by ThyssenKrupp to force Arcelor Mittal to sell its Canadian offshoot to the German-based group.

Acesita, a Brazil-based stainless producer and a subsidiary of Arcelor Mittal, plans to expand exports to Argentina and Chile by 30% this year.

Arcelor Mittal has announced, on 10 January 2007, that the respective Boards of Directors of Mittal Steel Co. and Arcelor have decided not to initiate litigation seeking to dissolve the Strategic Steel Stichting, an independent Dutch foundation, with a view to obtaining the transfer to Arcelor of the 89% of the shares of Dofasco Inc., currently held by Stichting.

Arcelor Mittal has entered into negotiations with investment banks, led by Goldman Sachs, to sell its stainless business, according to a London banking source.

The future of Canada-based Dofasco could be settled within the next two weeks, the date when members of the company’s administrative board are due to decide whether its owner, Arcelor Mittal, can sell it or not.