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ArcelorMittal SA (MT.AS)

MT.AS on Amsterdam Stock Exchange

15.09EUR
17 Jul 2019
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Wed, Jul 10 2019

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ArcelorMittal says Italian prosecutors ordered shutdown of ILVA furnace no.2

MILAN ArcelorMittal said it had received an order from prosecutors in the southern Italian town of Taranto to switch off furnace no. 2 at the ILVA plant which it bought in a rescue deal last year.

ArcelorMittal says Italian prosecutors ordered shutdown of ILVA furnace no.2

MILAN, July 10 ArcelorMittal said it had received an order from prosecutors in the southern Italian town of Taranto to switch off furnace no. 2 at the ILVA plant which it bought in a rescue deal last year.

ArcelorMittal South Africa to cut more than 2,000 jobs, shares drop

JOHANNESBURG The South African arm of steelmaker ArcelorMittal expects to plunge to a first-half loss and cut more than 2,000 jobs as it struggles with cheap imports, rising costs and a flagging local economy, it warned on Wednesday.

UPDATE 1-ArcelorMittal S.Africa to cut more than 2,000 jobs, shares drop

JOHANNESBURG, July 10 The South African arm of steelmaker ArcelorMittal expects to plunge to a first-half loss and cut more than 2,000 jobs as it struggles with cheap imports, rising costs and a flagging local economy, it warned on Wednesday.

ArcelorMittal South Africa may cut more than 2,000 jobs

JOHANNESBURG, July 10 ArcelorMittal's South Africa unit said on Wednesday it was considering a large-scale restructuring expected to affect more than 2,000 jobs, after warning its headline earnings for the first half of the year would fall by at least 650 million rand ($45.78 million).

ArcelorMittal removes 30 families from area close to dam in Brazil

RIO DE JANEIRO The Brazilian unit of steel group ArcelorMittal moved 30 families from their houses near its Serra Azul mine in the town of Itatiaiuçu, Minas Gerais state, as a precautionary action after it ran a new risk evaluation of a dam close to the mine.

UPDATE 1-Indian court rejects plea against ArcelorMittal's bid for Essar Steel

NEW DELHI, July 4 An Indian court rejected on Thursday a petition challenging ArcelorMittal SA's proposed takeover of debt-ridden Essar Steel, removing a hurdle in billionaire Lakshmi Mittal's entry into the country's fast-growing steel market.

Indian court rejects plea against ArcelorMittal's bid for Essar Steel

NEW DELHI, July 4 An Indian court on Thursday rejected a petition challenging ArcelorMittal SA's proposed takeover of debt-ridden Essar Steel, removing a hurdle in billionaire Lakshmi Mittal's entry into the country's fast-growing steel market.

Italy's Di Maio says Arcelor, Atlantia are 'blackmailing government'

MILAN Italy's industry minister has accused two big companies - transport group Atlantia and steelmaker ArcelorMittal - of trying to blackmail the government, escalating a war of words which big business says could scare investors.

ArcelorMittal boss says EU must respond further to Trump's steel tariffs

BERLIN Europe urgently needs to take further measures to offset the impact of import tariffs imposed by U.S. President Donald Trump, the chief executive of steelmaker ArcelorMittal told a German newspaper in an interview published on Wednesday.

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