ArcelorMittal | South China Morning Post
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  • Feb 1, 2015
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ArcelorMittal

Canada gets boost from ArcelorMittal sale of Labrador Trough stake

ArcelorMittal has been in dispute with the French government over the fate of its steel plants. The company has vowed to maintain jobs. Photo: AFP

The US$1.1 billion purchase of a stake in ArcelorMittal's Canadian iron-ore unit by China Steel and Posco increased interest in Canada's ability to meet Asian demand for the steelmaking raw material.

Friday, 4 January, 2013, 2:48am

ArcelorMittal plant under nationalisation threat

President Francois Hollande. Photo: Reuters

French President Francois Hollande is threatening to nationalise a plant owned by steelmaker ArcelorMittal in an increasingly heated dispute in which ministers say the multinational is no longer welcome in the country.

Moments before talks with tycoon Lakshmi Mittal, Hollande said that nationalising ArcelorMittal's plant in northeastern France remained on the table.

29 Nov 2012 - 4:30am

Orbit to provide best seat in the house

While many of the facilities at the London Olympic Park will disappear, the ArcelorMittal Orbit will probably stand out as an abiding memory.

Standing at 115 metres tall and located between the Olympic Stadium and the Aquatics Centre, the towering steel sculpture represents an advance in architecture by combining arts and structural engineering,

16 Oct 2011 - 12:00am

Global steelmakers seek mainland market foothold

Steelmakers worldwide still view the world's largest steel producing and consuming country as an emerging market and are stepping up efforts to gain a foothold on the mainland.

8 Mar 2008 - 12:00am

ArcelorMittal to dilute stake in China Oriental

ArcelorMittal, the world's largest steel producer, will seek to dilute its stake in China Oriental Group, a Hong Kong-listed mainland steel-maker, to meet regulatory requirements on a public float.

6 Feb 2008 - 12:00am

China Oriental dispute benefits all parties

The takeover battle over Hong Kong-listed steelmaker China Oriental Group that lasted for a few months has left everyone a winner; shareholders have seen the stock skyrocket and ArcelorMittal, the world's largest steelmaker, has gained a foothold in the mainland's fast-growing steel market.

17 Dec 2007 - 12:00am

ArcelorMittal stake deal upset as Laiwu Steel signals an end to sale

ArcelorMittal, the world's largest steelmaker, faces a new setback in its acquisition of a stake in Laiwu Steel, with the seller now signalling a reluctance to proceed with the sale.

14 Dec 2007 - 12:00am

Pioneer Iron seeks listing to expand capacity

Pioneer Iron & Steel Group, the steel empire of 'Iron Princess' Diana Chen Ningning, is seeking a listing to expand after Ms Chen sold all her shareholding in China Oriental Group, a company executive said.

21 Nov 2007 - 12:00am

ArcelorMittal buying 28pc of China Oriental

Steel giant ArcelorMittal has agreed to buy 28 per cent of mainland steelmaker China Oriental Group for US$647 million as it steps up expansion in the world's biggest market for steel.

8 Nov 2007 - 12:00am

ArcelorMittal courts steel cord producer

ArcelorMittal, the world's largest steelmaker, said it would pay US$26.6 million for 90 per cent of Rongcheng Chengshan Steelcord, a mainland producer of tyre wire, as it steps up expansion in the world's biggest steel market.

16 Oct 2007 - 12:00am