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ArcelorMittal S.A. is a Luxembourg-based multinational steel manufacturing corporation headquartered in Luxembourg City. It was formed in 2006 from the takeover and merger of Arcelor by Indian-owned Mittal Steel . [ 3 ]
Arcelor S.A. was the world's largest steel producer in terms of turnover and the second largest in terms of steel output, with a turnover of €30.2 billion and shipments of 45 million metric tons of steel in 2004.
Cockerill-Sambre (acquired by Usinor in 1998, which became part of Arcelor in 2002, now ArcelorMittal) Corus Group (acquired by Tata Steel in 2007) Dofasco in Hamilton, Ontario (acquired by Arcelor, now ArcelorMittal) Falck Group (turned the production to renewable energy with Falck Renewables) Gruppo Riva (split into ILVA and Riva Forni ...
Kazakhstan confirmed the nationalization of ArcelorMittal Temirtau which operates the country’s largest steel plants and several coal and ore mines following a coal mine fire that killed on ...
CEO Lakshmi Mittal's family owned 88% of the company. Mittal Steel was based in Rotterdam but managed from London by Mittal and his son Aditya.It was formed when Ispat International N.V. acquired LNM Holdings N.V. (both were already controlled by Lakshmi Mittal) and merged with International Steel Group in 2004.
ArcelorMittal Temirtau owns 15 coal and ore mines in Kazakhstan. Efforts to contain the fire, which broke out on Thursday, and to restore normal ventilation are under way, ArcelorMittal Temirtau ...
ArcelorMittal Kryvyi Rih (former Kryvorizhstal; Ukrainian: Криворіжсталь) is Ukraine's largest integrated steel company, founded in 1934 and located in Kryvyi Rih, in central Ukraine. Bought in 2005 by Mittal Steel , the steel plant is one of the most important Ukrainian companies and a globally important steel producer.
ArcelorMittal (NYS: MT) carries $15 billion of goodwill and other intangibles on its balance sheet. Sometimes goodwill, especially when it's excessive, can foreshadow problems down the road.