Last Updated: Tuesday, July 24, 2012, 09:07
One of Britain's richest men, Mittal's lack of enthusiasm can be seen as bleak for the economic outlook of the continent, since steel is such a vital component of construction.
Last Updated: Monday, July 9, 2012, 19:23
The world's largest steel maker ArcelorMittal has refused to rule out further closures of sites in Europe amid demand slowdown, says a media report.
Last Updated: Thursday, May 10, 2012, 16:07
World's largest steel producer ArcelorMittal's net income has plunged to USD 11 million in the first quarter of 2012, compared to USD 1.069 billion of the same period last year.
Last Updated: Wednesday, May 9, 2012, 21:21
With ArcelorMittal making it clear that the company's investment in India may not materialise for another five years, Odisha government Wednesday said it would review the progress made by the steel maker regarding its proposed project in Keonjhar district.
Last Updated: Wednesday, May 9, 2012, 20:42
Waiting for six years to get USD 30 billion projects implemented in India, Lakshmi Mittal-promoted ArcelorMittal Wednesday said its investment may not materialise for another five years, as it recognises that patience is required to realise mega plans in the country.
Last Updated: Sunday, April 29, 2012, 20:39
His ambitious foray into energy space with Oil and Natural Gas Corp (ONGC) may not have but desired success, but steel tycoon Lakshmi N. Mittal is not just yet giving up on the venture with the state-run explorer.
Last Updated: Sunday, April 29, 2012, 08:53
Mittal is marginally ahead with the Russian iron ore magnate, Alisher Usmanov, who takes the second place with an estimated worth of 12.3 billion pounds.
Last Updated: Saturday, April 28, 2012, 17:37
ArcelorMittal on Saturday said it has been able to make some inroads for its proposed Rs 30,000 crore Karnataka steel project with the acquisition of a major part of the required land, but rued that the progress has been slow.
Last Updated: Saturday, March 31, 2012, 17:31
NRI steel tycoon Lakshmi Mittal and his family continue to head the Asian Rich List-2012 despite their wealth coming down by 2 billion pounds at 13.5 billion pounds.
Last Updated: Tuesday, March 27, 2012, 08:58
India's steel tycoon Lakshmi Mittal-backed oil company Ophir Energy has struck gas off the coast of Tanzania, UK media has reported.
Last Updated: Sunday, February 26, 2012, 11:19
Lakshmi Mittal, the Chairman and CEO of the world's largest steel-maker ArcelorMittal, took home a salary of USD 1.74 million in 2011, a hike of over 5 percent over his 2010 pay cheque.
Last Updated: Tuesday, February 7, 2012, 18:24
The ArcelorMittal chief also said that Indian steel demand has not been "very impressive" despite GDP growing at 6.5-7 percent rate.
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