Amid the deepening coronavirus crisis across the world, global steel giant ArcelorMittal has expressed apprehensions of its sales and profitability getting impacted in 2020 in case the virus spreads w...

The Supreme Court on Thursday directed rival claimants ArcelorMittal India Private Ltd (AMIPL) and Numetal to clear their overdue loans linked to non-performing assets within two weeks to become eligi...

AM/NS India (formerly Essar Steel) has managed to scoop up two backend infrastructure units that are key to the long-term viability and smooth operation of the steel plant at Hazira.The company, a 60:...

ArcelorMittal is going to offload a 50 per cent share of its shipping business to DryLog Ltd in a bid to cut debt, the deal coming close on the heels of the $5.7-billion acquisition of Essar Steel in ...

ArcelorMittal on Thursday reported a net loss of $1.1 billion for the first quarter ended March 31, 2020 amid the coronavirus crisis. The world’s largest steel maker had posted a net income of $0.4 ...

ArcelorMittal spent $1.6 billion (Rs 11,360 crore) to acquire Essar Steel India Ltd in partnership with Nippon Steel, the company disclosed on Thursday.Announcing the fourth-quarter and full-year resu...

The committee of creditors of bankrupt Essar Steel argued before the Ahmedabad bench of the National Company Law Tribunal that the settlement offer made by the company’s existing promoter group was ...