ArcelorMittal
With 119 million tonnes of annual production capacity and 245,000 employees across 60 countries, ArcelorMittal is the world’s leading steel and mining company. It was formed in 2006 as a result of the merger of the Arcelor and Mittal steel groups.
Latest News
ArcelorMittal to Assume Management of U.S. Iron Ore Mine
04 January 2019 - ArcelorMittal USA is set to take on management of a jointly owned taconite mine in Minnesota later this year.
Mittal Calls for Green Tax on Steel Imported Into Europe
11 December 2018 - ArcelorMittal executives on Tuesday said Europe ought to tax imported steel under the terms of its Emissions Trading System as a way to prod foreign producers into reducing emissions and maintain a level playing field for domestic producers.
Steelworkers Announce Tentative Agreement with ArcelorMittal
02 November 2018 - The United Steelworkers union has reached a tentative labor agreement with ArcelorMittal USA, the union said on Friday.
ArcelorMittal Takes Control of One of EU’s Largest Steel Works
01 November 2018 - ArcelorMittal has finalized its deal to acquire Italy’s ILVA S.p.A., giving it control of the European Union’s largest steel works.
To Allow for Essar Steel Acquisition, ArcelorMittal Agrees to Pay Off US$1B in Debt
17 October 2018 - ArcelorMittal said it is prepared to pay off the equivalent of about US$1 billion in debt on two businesses in which it had held ownership stakes in order to win approval to buy another.
Liberty House Adds Four European Steel Plants to Growing List of Assets
12 October 2018 - Sanjeev Gupta’s Liberty House Group has signed an agreement to buy four ArcelorMittal facilities in Europe, an acquisition that will double its rolling capacity to more than 15 million metric tons annually.
ArcelorMittal Gives Financial Boost to Canadian University's Mining Research
03 October 2018 - Canada’s McGill University has received a CA$360,000 commitment from ArcelorMittal to fund mining and materials engineering research.
ArcelorMittal Employees Vote to Authorize Strike
19 September 2018 - United Steelworkers members have authorized union leaders to call a strike against ArcelorMittal USA, if they deem one necessary.
ArcelorMittal Plant Re-Signs Harsco for Mill Services
14 September 2018 - Mill contractor Harsco Corp. has signed a 10-year contract renewal with ArcelorMittal Tubarão in Brazil, the company announced Thursday.
ArcelorMittal Raises Offer for India’s Essar Steel
12 September 2018 - ArcelorMittal has put a new offer on the table for Essar Steel India Ltd., bidding the equivalent of US$5.8 billion for the bankrupt steelmaker, according to media reports.
USW Might Seek Strike Authorizations in ArcelorMittal Talks
07 September 2018 - Negotiators with the United Steelworkers union said they’ll seek strike authorizations if they are unable to make significant progress with ArcelorMittal USA on a new labor agreement by early next week.
With a Labor Deal in Hand, ArcelorMittal Nears Completion of ILVA Acquisition
06 September 2018 - ArcelorMittal expects to seal its deal for Italian steelmaker ILVA and its massive Taranto works after it reached a tentative labor agreement with ILVA’s labor unions, the company said Thursday.
For the Moment, Steelworkers to Remain on the Job at U. S. Steel, ArcelorMittal
04 September 2018 - The United Steelworkers has agreed to contract extensions with ArcelorMittal USA and United States Steel Corporation as union employees continue to negotiate new labor deals with the integrated steelmakers.
Contract Talks at ArcelorMittal USA, U. S. Steel Come Down to the Wire
30 August 2018 - Just days remain on the current labor contracts between the United Steelworkers union and America’s two largest integrated steelmakers, ArcelorMittal USA and United States Steel Corporation.
ArcelorMittal Decides to Proceed With US$330M Plant Expansion
22 August 2018 - ArcelorMittal Brazil is dusting off plans for a long-shelved expansion of its sheet processing facility in state of Santa Catarina, saying that there is finally enough demand to support the automotive-oriented project.
Project Aims to Improve Energy Recovery at Cogen Plant
08 August 2018 - A Polish cogeneration plant is installing a pair of energy recovery turbines in between blast furnace flues and the cogen plant itself, essentially putting the exhaust gases to work twice.
ArcelorMittal USA Blast Furnace Knocked Off-Line
08 August 2018 - The No. 3 blast furnace at ArcelorMittal’s Indiana Harbor facility has taken an unplanned outage after its large bell fell in during a charge, reports The Times newspaper of northwest Indiana.
Mittal: Steel Tariffs Have Been a ‘Net Positive’ for Company
02 August 2018 - Rising steel prices and healthy demand propelled ArcelorMittal’s second-quarter profits to US$1.9 billion, its best quarterly finish since 2011. And chief executive Lakshmi Mittal is thanking one person: U.S. President Donald Trump.
ArcelorMittal Makes 'Take It or Leave It' Offer for ILVA
30 July 2018 - ArcelorMittal has upped its offer for Italy’s ILVA after the country’s new government began pushing for a better deal, reports commodities news and pricing service Argus Media.
Italian Government Launches Examination of Ilva Bidding
25 July 2018 - The Italian government has opened a review into the bidding process for Ilva and could potentially rescind its agreement to sell the business to ArcelorMittal, reports Kallanish Commodities.
