ArcelorMittal

ARCELORMITTAL NEWSROOM (80 press releases)

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Bernard Fontana to be appointed President and CEO of AREVA NP

PRESS RELEASE -- 31, July 2015

Mr. Bernard Fontana will join AREVA on September 1st to be appointed President and CEO of AREVA NP. PARIS, 31-7-2015 — /EuropaWire/ — Bernard Fontana said: “I am happy to join the group to lead AREVA NP, a major French … Read the full press release

ArcelorMittal and the Steel Authority of India Limited (‘SAIL’) to set up automotive steel manufacturing facility under Joint Venture arrangement in India

PRESS RELEASE -- 25, May 2015

Luxembourg, 25-5-2015 — /EuropaWire/ — ArcelorMittal, the world’s leading steel and mining company, and the Steel Authority of India Limited (‘SAIL’), India’s leading steel company, today, signed a Memorandum of Understanding (‘MoU’) to set up an automotive steel manufacturing facility under … Read the full press release

ArcelorMittal signed a US$6,000,000,000 Revolving Credit Facility to be used for general corporate purposes of ArcelorMittal group

PRESS RELEASE -- 5, May 2015

Luxembourg, 5-5-2015 — /EuropaWire/ — On 30 April 2015, ArcelorMittal signed a US$6,000,000,000 Revolving Credit Facility (incorporating 3 and 5 year tranches) (the “Facility”). The Facility will replace the US$2,400,000,000 revolving credit facility agreement dated 6 May 2010 and the … Read the full press release

ArcelorMittal and Gerdau to sell their respective 50% interests in Gallatin Steel Company to Nucor Corporation for US$770m

PRESS RELEASE -- 17, September 2014

Luxembourg and Porto Alegre, 17-9-2014 — /EuropaWire/ — ArcelorMittal and Gerdau jointly announced today that they have entered into a definitive transaction agreement to sell their respective 50% interests in Gallatin Steel Company (“Gallatin”) to Nucor Corporation for a total … Read the full press release

Bekaert opens new Dramix® plant in Orotina, Costa Rica

PRESS RELEASE -- 26, August 2014

Mr Luis Guillermo Solís, President of Costa Rica, visited the new Bekaert Dramix® plant in Costa Rica, where he was hosted by Mr Matthew Taylor, Chief Executive Officer of Bekaert and the Regional Bekaert Management Team. The President was accompanied … Read the full press release

ArcelorMittal Europe announces €58 million operating profit for the first three months of 2014

PRESS RELEASE -- 9, May 2014

ArcelorMittal Europe today announced results for the first quarter of 2014. Luxembourg,  9-5-2014 — /EuropaWire/ — The segment recorded an operating profit of €58 million for the first three months of 2014. This compares with an operating loss of €396 million in … Read the full press release

ArcelorMittal, Nippon Steel & Sumitomo Metal Corporation close the acquisition of ThyssenKrupp Steel USA

PRESS RELEASE -- 8, March 2014

Luxembourg, 8-3-2014 — /EuropaWire/ — ArcelorMittal, together with Nippon Steel & Sumitomo Metal Corporation (“NSSMC”), today announces that it has completed the acquisition of ThyssenKrupp Steel USA (“TK Steel USA”), a steel processing plant in Calvert, Alabama, having received all necessary regulatory … Read the full press release

ArcelorMittal received US antitrust clearance for ThyssenKrupp Steel USA acquisition

PRESS RELEASE -- 5, February 2014

Luxembourg, 5-2-2014 — /EuropaWire/ — ArcelorMittal today announces that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act (HSR) terminated on January 29, 2014 with respect to its acquisition, through a 50/50 joint venture with Nippon Steel & Sumitomo Metal Corporation, … Read the full press release

ArcelorMittal announced its financial calendar for 2014

PRESS RELEASE -- 20, December 2013

Luxembourg, 20-12-2013 — /EuropaWire/ — ArcelorMittal today announces its financial calendar for 2014. Earnings results announcements: 7 February 2014 Earnings Release Q4 2013 + FY 2013 9 May 2014 Earnings Release Q1 2014 1 August 2014 Earnings Release Q2 2014 7 November … Read the full press release

ArcelorMittal Flat Carbon Europe reported 49% decreased operating loss in H1 2013 (€194M) compared to H1 2012 (€340M)

PRESS RELEASE -- 5, August 2013

Luxembourg, 05-8-2013 — /EuropaWire/ — ArcelorMittal today announced results for its Flat Carbon Europe segment for Q2 2013. The segment recorded an operating loss of €151 million for Q2 2013 which excludes interest and tax costs. This includes restructuring costs totalling … Read the full press release

ArcelorMittal released its HY 2013 report, recasts its 2012 annual report on Form 20-F

PRESS RELEASE -- 5, August 2013

Luxembourg, 05-8-2013 — /EuropaWire/ — ArcelorMittal has published today its Half-Year Report for the six month period ended 30 June, 2013 (“HY Report”). As a result of the adoption and early adoption of new IFRS accounting standards as of 1 January … Read the full press release

ArcelorMittal completes the first instalment of its sale of a 15% interest in ArcelorMittal Mines Canada

PRESS RELEASE -- 21, March 2013

ArcelorMittal completes the first instalment of its sale of a 15% interest in ArcelorMittal Mines Canada for $1.1bln to a Consortium led by POSCO and China Steel Corporation Luxembourg, 21-3-2013 — /europawire.eu/ — ArcelorMittal announces today the completion of the first … Read the full press release

ArcelorMittal holds 2013 Investor Day

PRESS RELEASE -- 20, March 2013

ArcelorMittal is today holding its 2013 Investor Day, during which the Company will (among other things): Re-iterate its 2013 guidance  Announce a new management gains improvement target of US$3 billion by the end of 2015 Set out a roadmap to … Read the full press release

EADS Proposes Candidates for Future Board of Directors

PRESS RELEASE -- 12, February 2013

12-2-2013 — /europawire.eu/ — The Board of Directors of EADS N.V. has nominated the following individuals for election by the Extraordinary General Meeting (EGM) to the future Board of Directors of EADS N.V.: Manfred Bischoff, 70, Director of Royal KPN N.V. … Read the full press release

ArcelorMittal to record non-cash impairment charge in Q4 2012

PRESS RELEASE -- 29, January 2013

Luxembourg, 29-1-2013 — /europawire.eu/ — ArcelorMittal today announced it expects to write down the goodwill in its European businesses by approximately US$4.3bn. This follows the completion of its yearly goodwill impairment test, as required by IFRS accounting standards. The write down … Read the full press release

ArcelorMittal extends conversion date for $1bn mandatory convertible bond

PRESS RELEASE -- 29, January 2013

Luxembourg, 29-1-2013 — /europawire.eu/ — ArcelorMittal announces the extension of the conversion date for the $1bn privately placed mandatory convertible bond (MCB) issued on 28 December 2009 by one of its wholly-owned Luxembourg subsidiaries. This amendment to the MCB, which is … Read the full press release

ArcelorMittal prices Combined Offering of common stock and mandatorily convertible subordinated notes (“MCNs”)

PRESS RELEASE -- 21, January 2013

Luxembourg, 21-1-2013 — /europawire.eu/ — ArcelorMittal (the “Company”) announces the pricing of its combined offering of ordinary shares and mandatorily convertible subordinated notes (“MCNs”) announced earlier today (the “Combined Offering”). The total aggregate proceeds from the Combined Offering are approximately USD … Read the full press release

ArcelorMittal announces proposed Combined Offering of common stock and mandatorily convertible subordinated notes (“MCNs”) for an expected amount of USD 3.5 billion

PRESS RELEASE -- 18, January 2013

Luxembourg, 18-1-2013 — /europawire.eu/ — ArcelorMittal (the “Company”) announces today its intention to offer common stock (“the Shares”) and mandatorily convertible subordinated notes (the “MCNs”) for an expected amount of approximately USD 3.5 billion (“the Combined Offering”). The Company retains the … Read the full press release

ArcelorMittal agrees to sell a 15% interest in ArcelorMittal Mines Canada for $1.1bln to a Consortium led by POSCO and China Steel Corporation

PRESS RELEASE -- 17, January 2013

Luxembourg, 17-1-2013 — /europawire.eu/ — ArcelorMittal announces today that it has entered into an agreement pursuant to which ArcelorMittal’s wholly owned subsidiary ArcelorMittal Mines Canada (AMMC) and a consortium led by POSCO and China Steel Corporation (CSC) will enter into a … Read the full press release

ArcelorMittal Flat Carbon Europe reports €303 million Q3 operating loss

PRESS RELEASE -- 8, November 2012

ArcelorMittal Flat Carbon Europe reports €303 million Q3 operating loss
Luxembourg, 8-11-2012 — /europawire.eu/ — ArcelorMittal today announced results for its Flat Carbon Europe segment for the third quarter of 2012. The segment recorded an operating loss of €303 million which includes restructuring costs but excludes interest and tax costs. The … Read the full press release