Wednesday, April 7, 2010 as of 11:14 AM ET
Lakshmi Niwas Mittal (born 15 June 1950) is an Indian steel magnate. He is the chairman and chief executive officer of ArcelorMittal, the world’s largest steelmaking company.
Read More at Wikipedia ›First quarter Ebitda down 24% on year, up 15% on quarter as North American demand improves quarterly-Expects first half Ebitda to be higher than the second half of 2011, implying $2.
15 billion-All steel segments to show improved profitability in the second quarter; mining division to benefit from higher iron ore outputLONDON -(Dow Jones)- Steel titan ArcelorMittal (MT) Thursday reported lower first-quarter earnings due in part to lower prices in some of its key markets, but it reaffirmed its earnings guidance for the first half of the year, citing improved demand in a number of key markets.Steelmakers around the world have faced profit-margin squeezes as raw material costs remained relatively high compared to steel prices that dropped due to weak demand. ArcelorMittal has temporarily idled some of its production capacity in response to weak demand, particularly in Europe, and is looking at divesting some of its non-core assets in order to reduce its debt and shore up its balance sheet....By Steve JamesNEW YORK (Reuters) - The world's biggest steelmaker and America's largest coal producer could pay top dollar for Australia's Macarthur Coal <MCC.AX>, b...
TOKYO, Oct 5 (Reuters) - Consolidation in the steel industryis almost finished, apart from in China, said the head of theworld's No.1 steelmaker, ArcelorMittal, damp...
* Vedanta to buy 51-60 percent of Cairn India for $8.5-9.6 bln* Buying 40-51 percent from Cairn Energy, open offer for 20 percentBy Julie CrustLONDON, Aug 16 (Reuter...
By Rina ChandranMUMBAI, Aug 13 (Reuters) - When it comes to Indian businesses, The Tata Group is the oldest and best-known: the conglomerate owns the luxury Jaguar c...
Steel titan ArcelorMittal (MT) Thursday reported lower first-quarter earnings due in part to lower prices in some of its key markets, but it reaffirmed its earnings ...
Goldman Sachs Group Inc. (GS) remains committed to India and is keen to tap opportunities to grow alongside the local economy and its capital markets, Chairman and C...
Executives of U.S. investment bank Goldman Sachs (NYSE:GS) are due to take their Indian charm offensive to the capital, New Delhi, on Friday, sources said, after cou...
Goldman Sachs Group Inc. (GS) will hold its annual board meeting in India later this month for the first time ever, a spokeswoman said Monday, underlining the import...
Goldman Sachs Group Inc. (GS) plans to hold its annual board meeting in India later in March, the Times of India newspaper reported Monday.Goldman Sachs Chief Execut...
- ArcelorMittal confirms investment of EUR17 million at Florange steel plant- Arcelormittal plans to restart liquid steel production in 2H if economy recovers- Frenc...
Steel giant ArcelorMittal SA (MT) Thursday confirmed it will invest EUR17 million in its steel mill located in Florange, France, and will resume activity at the liqu...
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