Thu, Aug 22, 2024
Transformers and Rectifiers (India) said it will supply 18 trackside traction transformers of 20 MVA (Megavolt Ampere) and 55 trackside auto transformers of 7.5 MVA to Linxon Global Sweden.
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Thu, Aug 01, 2024
The company had posted a net income of USD 1,860 million in the corresponding period of the previous fiscal.
Thu, May 02, 2024
Sales in Q1 2024 were at USD 16.28 billion as compared to USD 18.50 billion in the year-ago period. Steel shipments in first quarter of 2024 were 13.5 MT, lower than 14.5 MT in Q1 2023.
Wed, Jul 26, 2017
The world`s largest steelmaker, ArcelorMittal , said on Tuesday that its internal investigation had found allegations of illicit dumping of acid waste from a French plant were groundless.
Wed, May 24, 2017
SAIL, ArcelorMittal JV may be finalised this month: Chaudhary Birender Singh.Watch the full segment for more details.
Wed, May 10, 2017
The term of four directors -- Mittal, Lewis Kaden, Bruno Lafont and Michel Wurth -- was due to expire this year.
Tue, Mar 21, 2017
Reliance Industries' chairman and MD Mukesh Ambani has topped the list of Indian billionaires featured in Forbes recent survey titled 'The World's Billionaires' with global ranking of 33 and networth of $23.2 billion, find out names of other Indians in the list.
Sun, Nov 20, 2016
AMSA was set to make a huge loss for the six months ending December.
Tue, Nov 08, 2016
Global steel giant ArcelorMittal said on Tuesday it has earned a net profit of $700 million (633 million euros or nearly Rs 4,656.93 crore) last quarter, but warned low prices in the United States (US) and rising input costs would squeeze future earnings.
Thu, Sep 29, 2016
Tata Steel is making good progress on acquiring the land it needs to double the capacity of its newest steel plant in Odisha to meet growing demand in the country, a company executive said.
Mon, Aug 22, 2016
Steelmaker ArcelorMittal in South Africa has agreed to pay a $110-million fine for illegal price fixing, the country`s competition commission announced Monday.
Thu, Aug 18, 2016
EY said in a report published on Thursday steel firms took on debt as they fought for market share, notably the Chinese steel sector has added about a billion tonnes of capacity since 2000, helping to take global excess capacity to about 700 million tonnes.
Fri, Jul 29, 2016
Over the period, EBITDA -- a measure of operating profit -- stood at $1.8 billion, nearly double that of the previous quarter.
Sun, May 29, 2016
The Lakshmi Mittal-led ArcelorMittal’s, the world’s largest steelmaker, plans of setting up a steel plant in India have met with yet another dead-end.
Tue, Apr 19, 2016
Angry steel manufacturers in Europe have urged the EU to mirror the United States in punishing China with fresh tariffs, but the Brussels based bloc has so far proved reluctant to challenge Beijing more directly on the issue.
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