Arcelor
Arcelor was created in February 2002 through the merger of Arbed (Luxembourg) founded in 1911, Aceralia (Spain) and Usinor (France). Arcelor had major steel production facilities in Belgium, Germany, Italy, Brazil and Argentina. At the time of the merger with Mittal Steel in 2006, Arcelor was the second largest steel producer in the world. It is now a part of ArcelorMittal.
Latest News
California Steel Reports 2nd Quarter Results
16 July 2008 - California Steel reports net income of $44.2 million on sales revenues of $431.1 million for the second quarter, and net income of $53.8 million on sales revenues of $800.3 million for the six months ended June 30, 2008.
California Steel Reports 2nd Quarter Results
18 July 2006 -
Arcelor to Enhance Offer for Dofasco Acquisition
26 December 2005 - Arcelor SA announced last week its intention to make an enhanced all-cash offer to acquire all of the outstanding common shares of Canadian steelmaker Dofasco Inc. at C$63.00 per share.
Dofasco and ThyssenKrupp Announce Mailing of Bid Circular
06 December 2005 - ThyssenKrupp AG has mailed its bid circular to Dofasco shareholders regarding its offer to acquire all of Dofasco's outstanding common shares in a friendly, all-cash transaction.
Paulson Announces Slate for Algoma Shareholder Meeting
02 December 2005 - Paulson & Co. Inc., a major shareholder of Algoma Steel Inc., has announced its nominees for the Algoma board of directors. In November, Paulson had requisitioned a special shareholder meeting to replace a majority of current Algoma directors.
Arcelor to Buy Stake in Two Costa Rican Long Carbon Steel Producers
01 December 2005 - Arcelor's Brazilian unit Arcelor Brasil has signed an agreement to buy a 50% stake of the capital of the Costa Rican companies Laminadora Costarricense SA and Trefileria Colima from Grupo Pujol Marti.
Arcelor Enters Into Strategic Partnership for Erdemir
01 December 2005 - Arcelor and the Turkish pension fund Ordu Yardimlasma Kurumu (OYAK) have agreed that Arcelor will acquire 41% of Ataer Holding AS, a wholly owned OYAK subsidiary that was founded to acquire a 49.29% equity stake of Eregli Demir ve Celik Fabrikalari AS (Erdemir).
Arcelor Extends Take-Over Bid for Dofasco
24 November 2005 - Dofasco Inc.’s Board of Directors is reviewing an unsolicited all-cash takeover bid from Arcelor SA for all outstanding Dofasco common shares.
Arcelor to Increase Stake in Brazilian Stainless Steel Producer Acesita
01 November 2005 - Arcelor recently entered into a definitive agreement with two Brazilian pension funds regarding its acquisition Acesita SA common shares representing 25% of the Brazilian stainless steel producer's voting capital and 8% of its total capital stock.
Arcelor, Baosteel and Nippon Celebrate Opening for Automotive Sheet Facility
01 November 2005 - Arcelor, Baosteel and Nippon Steel recently celebrated the opening of their automotive steel sheet joint venture, Baosteel-NSC/Arcelor Automotive Steel Sheet Co., Ltd. (BNA) in Shanghai.
Dofasco and ThyssenKrupp Announce Friendly All-Cash Deal
01 November 2005 - Dofasco and ThyssenKrupp have reached an agreement for ThyssenKrupp to acquire Dofasco in a friendly, all-cash transaction.
AIST Lecturer Encourages PUC Students to Consider Steel Opportunities
14 October 2005 - Association of Iron and Steel Technology (AIST) 2005 John F. Elliott Lecturer Henri Gaye recently addressed chemistry and engineering students at Purdue University Calumet.
Mittal Steel Acquires 93% Stake in Kryvorizhstal
01 October 2005 - Mittal Steel Co. NV has agreed to acquire a 93.02% stake in the capital of KryvorizhStal from the State Property Fund of Ukraine following a public auction.
Arcelor Included in Dow Jones Sustainability Index
01 October 2005 - Arcelor has been included in the Dow Jones Sustainability Index (DJSI) World, one of the most important and recognized global indexes tracking the performances of the leading sustainable development-driven companies worldwide.
Arcelor Inaugurates Medium Section Mill at Belval in Luxembourg
01 October 2005 - Arcelor recently inaugurated the Belval Medium Sections Mill installed in its Esch-Belval site in Luxembourg.
Arcelor Maintains Focus on Profitable Global Growth
01 October 2005 - Arcelor participated in the auction for the sale of the 46.12% stake in Turkish steelmaker Eregli Demir ve Çelik Fabrikalari TAS (Erdemir) held by the Turkish Privatisation Administration.
Ugine & ALZ Starts up Carinox Steel Plant
01 October 2005 - Arcelor’s new Ugine & ALZ Carinox steel plant has produced its first heat.
Arcelor puts Shareholder Value Before Size in KryvorizhStal Auction
01 October 2005 - Arcelor participated in the auction for the sale of the 93.02% stake in Ukrainian steelmaker KryvorizhStal (KMK) held by the Ukrainian State Property Fund (SPF).
Posco Named to Dow Jones Sustainability Indexes
01 September 2005 - Posco was recently selected by Dow Jones and Swiss SAM (Sustainable Asset Management) as a leading company for sustainability in the steel industry.
Arcelor Closes Acquisition of Huta Lucchini Warszawa
01 September 2005 - The closing of the acquisition by Arcelor of Lucchini's crude steel production asset in Poland as well as Lucchini's Polish scrap companies Silscrap and Crapex was recently signed in Warsaw, Poland. The closing completes a transaction initiated on February 17th, 2005, with the signature of a Memorandum of Understanding between Arcelor and the Lucchini Group and follows the approval given by the competition authorities.
