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arcelormittal news

Buzz | Proactive minister

Industries and commerce minister Sanjeev Arora

chandigarh news

Updated on Mar 15, 2026 09:12 pm IST

ArcelorMittal GCC leases nearly 1 lakh sq ft at Nalanda SEZ IT Park in Pune

ArcelorMittal GCC has leased about 1 lakh sq ft at Nalanda SEZ IT Park, Hinjewadi, Pune, taking its total monthly rent to around ₹62.6 lakh, Propstack data showed. (Photo for representational purposes only)

Updated on Dec 16, 2025 02:59 pm IST

France to seek protection from Chinese steel imports after ArcelorMittal job cuts

France to seek protection from Chinese steel imports after ArcelorMittal job cuts

Updated on Oct 06, 2025 06:22 pm IST

Kazakhstan mine fire death roll rises to 42

Kazakhstan Mine Fire: The Kazakh national flag is fluttering at half-mast as a rescue operation continues at the Kostyenko ArcelorMittal coal mine following a mine fire in Karaganda.

Published on Oct 29, 2023 06:00 pm IST

ArcelorMittal venture executes first 'paperless bill discounting transaction'

ArcelorMittal Nippon Steel is a joint venture between ArcelorMittal and Japan's Nippon Steel (Reuters)

Published on Jun 27, 2021 03:26 pm IST

ArcelorMittal reports best quarter in a decade

ArcelorMittal projected an increase in demand of 4.5% to 5.5%, following a contraction in 2020 during the pandemic.

Published on May 07, 2021 05:31 am IST

Supreme Court clears path for ArcelorMittal to acquire bankrupt Essar Steel

Workers stand near the logo of ArcelorMittal at the steel plant in Ghent, Belgium.

Updated on Nov 15, 2019 01:15 pm IST

ArcelorMittal to shut Saldanha plant in S Africa, 1000 workers affected

The South African government has expressed “disappointment” at the decision of ArcelorMittal South Africa to retrench nearly 1,000 workers across the company and to shut down its operations in Saldanha town.

Updated on Nov 12, 2019 07:10 am IST

SC puts on hold Essar Steel sale to ArcelorMittal

Essar Steel was auctioned under the new Insolvency and Bankruptcy Code (IBC) to recover Rs 54,547 crore of unpaid dues of financial lenders and operational creditors.

Published on Jul 22, 2019 06:25 pm IST

NCLT approves ArcelorMittal’s ₹45,000 cr Essar Steel takeover plan

The National Company Law Tribunal (NCLT) approved steel giant ArcelorMittal SA’s takeover bid for debt-ridden Essar Steel, television news channels reported on Friday.

Updated on Mar 08, 2019 07:00 pm IST

ArcelorMittal wins bids to take over Essar Steel for ₹42,000 crore

Workers stand near the logo of ArcelorMittal at the steel plant in Ghent, Belgium.

Updated on Oct 26, 2018 06:49 pm IST

Liberty House to buy Arcelor’s 4 steel plants in Europe

Sanjeev Gupta of Liberty House at his Mayfair office in London.

Published on Oct 13, 2018 12:09 pm IST

NCLAT to hear ArcelorMittal, NuMetal pleas over Essar bid eligibility tomorrow

A building of the ArcelorMittal steel plant is seen in Ghent, Belgium.

Updated on May 29, 2018 02:56 pm IST

NCLAT to hear NuMetal, ArcelorMittal petition in Essar Steel case on May 17

Essar Steel had a debt of ₹49,000 crore and was referred to NCLT in June last year.

Published on Apr 27, 2018 12:37 pm IST

India turns a bad loan tragedy into a bankruptcy farce

Essar looks like it’s headed for a lengthy day in the courts; in smaller bankruptcies, where there isn’t much value left, the lenders aren’t even bothering to accept offers lest government agencies accuse them of corruption later.

Updated on Apr 20, 2018 04:35 pm IST

Battle for Essar Steel: ArcelorMittal to challenge VTB-Numetal’s bid

The steel reinforcing frames of precast concrete tunnel segments sit stacked at the Mumbai Metro Rail Corp. casting yard in Mumbai in August 2017.

Updated on Apr 04, 2018 01:12 pm IST

Essar Steel sale: Vedanta, ArcelorMittal, Numetal-JSW submit fresh bids

Essar Steel was among the initial 12 companies identified by the Reserve Bank of India (RBI) for insolvency proceedings.

Updated on Apr 02, 2018 06:31 pm IST

Thyssenkrupp, Tata Steel venture faces fresh union opposition

FLast month, steel workers at Germany’s Thyssenkrupp voted in favour of a labour agreement that will safeguard jobs and plants in a planned joint venture with Tata Steel until 2026, removing a key hurdle for the tie-up.

Published on Mar 29, 2018 12:51 pm IST

Essar Steel sale: JSW Steel may step in fresh round of bidding

JSW Steel’s entry depends on whether Essar Steel lenders will allow new bidders to participate in the fresh bidding process.

Updated on Mar 22, 2018 05:59 pm IST

Road to survival: India’s banking system needs to take the private way out

While the direct hit from the PNB fraud was $2 billion, the indirect blow to the taxpayer is an additional $6 billion of capital that will no longer be coming from noteholders.

Updated on Mar 12, 2018 11:30 am IST

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