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ArcelorMittal Announced Its Financial Results for The First Half This Year

Aug 6, 2014

Luxembourg-based ArcelorMittal, the world's largest steelmaker, has announced its financial results for the first half this year. ArcelorMittal has adjusted its assumption for iron ore prices to $105/mt, from the previous $120/mt, implying ...

Tags: steelmaker, crude steel

Arcelormittal Has Lowered Its Global Steel Demand Growth Guidance to 3-3.5 Percent

May 12, 2014

Luxembourg-based ArcelorMittal, the world's largest steelmaker, has announced its financial results for the first quarter this year. Regarding the 2014 outlook, ArcelorMittal has lowered its global steel demand growth guidance to 3-3.5 ...

Tags: Steel Demand, steelmaker

Arcelormittal Said That Its Investing in a Complete Revamp of The Afurnace No.2

Oct 11, 2013

Luxembourg-based global steelmaker ArcelorMittal has announced that it is investing €92 million in a complete revamp of the blast furnace No. 2 at its Dunkirk plant in France. The Dunkirk plant's slab output capacity will remain at 7 ...

Tags: Blast Furnace, steelmaker

Global Beverage Can Manufacturers Will Use Arcelormittal's Steel

Sep 3, 2013

ArcelorMittal Flat Carbon Europe (FCE) is all set to supply about 140,000t of drawn and wall iron (DWI) steels to beverage can producers across the globe in 2013. The company will produce the steel at its FCE Packaging Europe sites ...

Tags: Beverage Can, Packaging

Arcelormittal Has to Lower Guidance for 2013 Due to Weak Demand

Aug 5, 2013

The world's largest steelmaker Luxembourg-based ArcelorMittal has announced its financial results for the second quarter and the first half of the current year, stating that it has had to lower its guidance for 2013 due to weaker than ...

Tags: ArcelorMitta, steelmaker

Ronald Kostyo Is Appointed Vice President and General Manager

May 21, 2013

Severstal North America announced Monday that effective June 1, Ronald Kostyo is appointed Vice President and General Manager, Severstal Dearborn; effective June 10, Madhu Ranade is appointed Vice President and General Manager, Severstal ...

Tags: Severstal North America, Executive Changes

ArcelorMittla FCA Posts US$4.9 Billion for Q1sales,Rising by 3.8%

May 14, 2013

Reportedly, ArcelorMittla Flat Carbon Americas (FCA) posts US$4.9 billion for the first quarter sales, rising by 3.8% from US$4.7 billion in a quarter ago, driven by higher selling prices in South America and Mexico. In the first quarter of ...

Tags: ArcelorMittal, Flat Carbon

ArcelorMittal Is Targeting Cost Cuts of $3 Billion by The End of 2015

May 13, 2013

The world's largest steelmaker Luxembourg-based ArcelorMittal has announced that it is targeting cost cuts of $3 billion by the end of 2015. As of March this year, the company had achieved $200 million in cost improvements. According to ...

Tags: Arcelormittal, Mineral

ArcelorMittal Europe Has Reported The Operation Outcome for Q4 and Full Year of 2012

Feb 18, 2013

ArcelorMittal Flat Carbon Europe has reported the operation outcome for the fourth quarter and full year of 2012. The steel giant’s Flat Carbon Europe posted operating loss of 2,212 million Euro for the fourth quarter of 2012, ...

Tags: Flat Carbon, steel giant, steel demand

Arcelormittal Announces Its Financial Results for The Fourth Quarter and The Full Year

Feb 7, 2013

The world's largest steelmaker Luxembourg-based ArcelorMittal has announced its financial results for the fourth quarter and the full year 2012. In the fourth quarter, ArcelorMittal registered a net loss of $3.99 billion compared to a net ...

Tags: steelmaker, steel business, crude steel production

FCE Raise Price for Steel Flats Further in Order to Reflect Increased Steel Prices

Jan 17, 2013

ArcelorMittal Flat Carbon Europe (FCE) announced to hike its price for steel flats by €50/ton further in order to reflect increased steel prices in international market. It’s known that ArcelorMittal FCE increase its prices ...

Tags: steel, steel price, steel flat products

ArcelorMittal Has Expanded Its Online Presence with The Launch of Four New Websites

Dec 20, 2012

ArcelorMittal has expanded its online presence with the launch of four new websites. www.arcelormittal.com/automotive features information about the company's automotive business unit,detailing how the company supports its global ...

Tags: New Websites, ArcelorMittal, Online

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