ArcelorMittal SA (MTS.MC)
Tue, Feb 20 2018
BRIEF-ArcelorMittal Supplying Cryogenic Steel Plates Through Subsidiary Industeel For New Shell Petrochemical Complex
* SUPPLYING 770 TONNES OF CRYOGENIC STEEL PLATES THROUGH ITS SUBSIDIARY INDUSTEEL FOR A NEW MAJOR SHELL PETROCHEMICAL COMPLEX Source text: http://bit.ly/2C8LxNY Further company coverage: (Gdynia Newsroom)
MUMBAI, Feb 12 ArcelorMittal SA and a group led by Russia's VTB have made separate bids for India's Essar Steel, which is undergoing bankruptcy proceedings and faces claims of nearly $8 billion.
BRUSSELS World No. 1 steelmaker ArcelorMittal will seek to fend off EU antitrust concerns about its proposed 1.8-billion-euro (£1.6 billion) purchase of Italian peer Ilva at a hearing on Thursday.
SAO PAULO/BRASILIA The Brazilian unit of ArcelorMittal expects to conclude in the second quarter the takeover of rival Votorantim Siderurgia SA to become the country's largest long steel producer, a senior company executive said.
SAO PAULO/BRASILIA, Feb 7 The Brazilian unit of ArcelorMittal expects to conclude in the second quarter the takeover of rival Votorantim Siderurgia SA to become the country's largest long steel producer, a senior company executive said.
BRASILIA, Feb 7 Brazil's antitrust watchdog CADE approved on Wednesday the takeover of Votorantim Siderurgia SA, but conditioned the approval to asset sales. In the morning session, four CADE councillors voted to approve the tie-up and two voted against it. (Reporting by Leonardo Goy; Writing by Tatiana Bautzer)
* Stake sale at below market price, founding family member says
BRUSSELS, Jan 31 Steel maker ArcelorMittal remains concerned about Chinese overcapacity and resulting cheap imports coming into its main markets, the group's chief financial officer said.
BRUSSELS ArcelorMittal , the world's largest steelmaker, gave an upbeat assessment of the steel market in 2018, and resumed dividend payments while steering cash more towards debt reduction.
SAO PAULO Brazil's antitrust watchdog Cade will press steelmakers ArcelorMittal SA and Votorantim Siderurgia SA for more asset sales before approving their merger, newspaper Valor Economico reported on Wednesday, citing unidentified sources.