Tag: ArcelorMittal

ArcelorMittal appoints Matthieu Jehl as Chairman, CEO of AM Investco Italy
Global

ArcelorMittal appoints Matthieu Jehl as Chairman, CEO of AM Investco Italy

ArcelorMittal has announces that Matthieu Jehl, vice president, ArcelorMittal, will be appointed chairman and chief executive officer of AM Investco Italy effective 1 December 2017. Additionally, Samuele Pasi has been appointed general manager of ArcelorMittal, and chief financial officer of AM Investco and head of institutional relationships, Italy, effective immediately. […]

ArcelorMittal starts Magnelis production in Spain
Global

ArcelorMittal starts Magnelis production in Spain

ArcelorMittal, the world largest steel maker said it started the production of Magnelis in Spain. Magnelis is a metallic coating which ensures optimal surface protection against long-term wear and tear. The coating will be produced at is Avilés plant in Spain. The company now produces Magnelis which first rolled off […]

ArcelorMittal posts USD1.0 billion for Q1
Global

ArcelorMittal posts USD1.0 billion for Q1

ArcelorMittal, the largest steel producer said it made a total of USD1.0 billion as net profit for the first quarter of the year 2017. This is a significant result given its USD0.4 billion in posted in 4Q 2016. Lakshmi N. Mittal, ArcelorMittal Chairman and CEO, said “ I am satisfied […]

ArcelorMittal to go ahead with its reverse stock split
Global

ArcelorMittal to go ahead with its reverse stock split

ArcelorMittal, the word’s largest steelmaker said it will go ahead with its planned reverse stock split. The reverse stock split was announced after its shareholder’s meeting yesterday. ArcelorMittal said it will proceed to consolidate each three existing shares in the Company without nominal value into one share without nominal value. […]