Luxembourg-based steel giant Arcelor SA made a $3.75 billion (4.4 billion Canadian dollars) hostile takeover offer for Canadian steelmaker Dofasco Inc. on Wednesday, just weeks after its rival Mittal ...

ArcelorMittal is a multinational steel manufacturing corporation headquartered in Luxembourg City. The company was formed in 2006 from the merger of Arcelor and Mittal Steel. ArcelorMittal is the ...

ROME (Reuters) - Italian Industry Minister Luigi Di Maio said on Thursday that the tender to sell the Ilva steel plant to industry giant ArcelorMittal was illegitimate, but it was not the fault of ...

(AP) -- ArcelorMittal SA, the world's biggest steelmaker, said Wednesday a jump in sales and prices helped it generate net income of $1.7 billion in the second quarter, up from a loss of $792 million ...

Arcelor SA yielded to a sweetened bid from Mittal Steel Co. on Sunday, ending a bitter five-month takeover battle in a deal to create a steel titan with nearly 10 percent of the global market. After a ...

LONDON — Netherlands-based Mittal Steel Co. and Arcelor of Luxembourg have agreed to a $33.6-billion deal to create a steel group three times larger than its nearest rival. The deal was hammered out ...

ArcelorMittal’s $5.9 billion takeover of an Indian steel mill is a shot in the arm for lenders, which have been armed with legal backing to tackle bankruptcies in a country that has one of the world’s ...

Foundation stone for Arcelor Mittal Nippon Steel Plant in Andhra Pradesh to be laid post-February 15, with ₹60,000 crore ...

GUY DOLLÉ is no diplomat. When Lakshmi Mittal, boss of Mittal Steel, the biggest global steelmaker by volume, launched a hostile bid at the end of January for Arcelor, the second-biggest, the boss of ...

FOR the first time since Mittal Steel launched a hostile bid for Arcelor in January, the management of Europe's biggest steelmaker is clearly nervous. The Luxembourg-based company is coming out with ...