ArcelorMittal SA (ISPA.AS)
JOHANNESBURG ArcelorMittal's South African business plans to raise up to $323 million through a rights issue and is considering a $350 million bond issue, it said on Friday, as it battles falling steel demand, rising cheap imports and higher costs.
* Africa's biggest steelmaker pressured by imports, low demand
* Sees 2015 core profit $5.2 bln-$5.4 bln; $6-7 bln previously
BRUSSELS, Nov 6 ArcelorMittal, the world's largest steelmaker, forecast global steel consumption would be lower this year than last, cutting its outlook due to a worse view of the U.S., Brazilian and Chinese markets.
BRUSSELS, Nov 6 ArcelorMittal, the world's largest producer of steel, on Friday cut its 2015 profit outlook, saying steel prices had fallen because of cheap Chinese exports.
LONDON, Oct 5 European shares rose on Monday, with Glencore and ArcelorMittal pushing up mining stocks and French economic data lifting the Paris stock market.
JOHANNESBURG, Aug 31 ArcelorMittal South Africa is planning to shut two mills and is reviewing operations at its largest plant, it said on Monday, as the money-losing unit of the world's biggest steelmaker struggles with weak demand and lower prices.
* Q2 core profit $1.40 bln vs Reuters poll consensus $1.38 bln
BRUSSELS, July 31 ArcelorMittal, the world's largest steelmaker, cut its forecast for global apparently steel consumption in 2015, with lower estimates for the United States, China, Brazil as well as for Russia and surrounding states.
SAO PAULO, July 14 ArcelorMittal SA will probably idle the long steel mills it recently installed in its João Monlevade plant in Brazil, a senior company executive said on Tuesday.
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