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ArcelorMittal SA (MT)

MT on New York Consolidated

6.08USD
26 Jul 2016
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Thu, Jun 30 2016

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ArcelorMittal, Italy's CDP lead rival bids to buy Ilva steel plant

ROME ArcelorMittal and Italy's Marcegaglia have offered to acquire Italian steel plant Ilva, pitting themselves against a rival joint bid by Italy's state lender CDP, businessman Leonardo Del Vecchio's holding company and steelmaker Arvedi.

UPDATE 1-ArcelorMittal, Italy's CDP lead rival bids to buy Ilva steel plant

ROME, June 30 ArcelorMittal and Italy's Marcegaglia have offered to acquire Italian steel plant Ilva, pitting themselves against a rival joint bid by Italy's state lender CDP, businessman Leonardo Del Vecchio's holding company and steelmaker Arvedi.

ArcelorMittal plans divestment of French businesses

PARIS World number-one steelmaker ArcelorMittal is looking for a partner for one French subsidiary and is in discussions to sell another unit that operates largely in France, the company said on Friday.

UPDATE 1-ArcelorMittal plans divestment of French businesses

PARIS, June 17 World number-one steelmaker ArcelorMittal is looking for a partner for one French subsidiary and is in discussions to sell another unit that operates largely in France, the company said on Friday.

ArcelorMittal plans to sell two French units-report

PARIS, June 17 World number-one steelmaker ArcelorMittal is preparing to shed about 10 percent of its 17,200 strong workforce in France through the sale of two subsidiaries, according to a report in Le Figaro newspaper.

ArcelorMittal suspends Quebec mine project on weak market

TORONTO ArcelorMittal, the world's largest steelmaker, is suspending a major project at its Mont-Wright iron ore mine in northern Quebec due to poor market conditions, the company said on Thursday.

UPDATE 1-ArcelorMittal suspends Quebec mine project on weak market

TORONTO, June 2 ArcelorMittal, the world's largest steelmaker, is suspending a major project at its Mont-Wright iron ore mine in northern Quebec due to poor market conditions, the company said on Thursday.

CORRECTED-ArcelorMittal suspends Quebec mine expansion on weak market

TORONTO, June 2 ArcelorMittal, the world's largest steelmaker, is suspending a major expansion of its Mont-Wright iron ore mine in northern Quebec due to poor market conditions, a spokesman said on Thursday.

ArcelorMittal slightly more upbeat about steel market

BRUSSELS ArcelorMittal, the world's largest steelmaker, said on Friday it was slightly more positive about the steel market, helped by a modest improvement in prospects for China, though it kept its forecast for 2016 earnings unchanged. | Video

China still not addressed issue of steel overcapacity: ArcelorMittal

BRUSSELS China's failure to address overcapacity of its steel industry means risks remain for the global sector, ArcelorMittal chief financial officer Aditya Mittal said on Friday.

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