Lakshmi Mittal group donates Rs 100 crore to PM-CARES

AM/NS India, a joint venture between ArcelorMittal and Nippon Steel, and HMEL, a partnership between Hindustan Petroleum and Mittal Energy Investments, has announced a package of support to strengthen India’s capacity to protect families and communities impacted by the virus. Continue Reading

ArcelorMittal to sell steel assets to Liberty House

“ArcelorMittal announces that it has received European Commission (EC) approval for the sale of several steel-making assets to Liberty House Group,” NRI billionaire L N Mittal-led ArcelorMittal said in a statement Wednesday. Continue Reading

SAIL JV ‘strategically important’, says ArcelorMittal

ArcelorMittal’s prolonged bid to buy debt-ridden Essar Steel is delaying the world’s biggest steelmaker’s joint venture with State-owned Steel Authority of India Ltd (SAIL), India’s Steel Minister and SAIL’s Chairman has said. Continue Reading