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Michel Wurth

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  • Business

ArcelorMittal to reduce stake in German firm

 ArcelorMittalsaid on Monday it would cut its stake in Germany-based plate making firm Dillinger Hutte by 17.85 per cent, a deal by which the L N Mittal-led company would earn about $1 billion.......

ArcelorMittal buys 70% pie in Brazilian firm

 World's largest steel producer ArcelorMittal today said it has acquired 70 per cent stake in Brazilian steel processor Manchester Tubos e Perfilados SA. This comes close on the heels of steel......

Mittal intensifies efforts to buy kin's plant

 Steel tycoon Lakshmi Niwas Mittal has intensified efforts to acquire his younger brother Pramod Mittal's ailing Kremikovtzi steel plant in Bulgaria, even as workers of the plant continued to......

Lakshmi Mittal named CEO of Arcelor Mittal

 The board of directors of Arcelor Mittal on Monday unanimously appointed Lakshmi N Mittal as the new chief executive officer with immediate effect. Mittal will continue in his role as president of......

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