Toronto: ArcelorMittal's battle to take over Canada's Baffinland Iron Mines took an interesting turn on Sunday after it was forced to raise its friendly bid by 14 per cent to $1.25 per share when riva

Toronto: Unless a rival bidder emerges possibly from China by Monday, ArcelorMittal is set to take over Canada's Baffinland Iron Mines for $433 million.

ArcelorMittal has already received a 'no actio

Dec. 8: The world’s largest steelmaker ArcelorMittal on Wednesday said that it would spin-off its stainless steel division in a bid to unlock value for shareholders. Under the plan, the company would

Boston: ArcelorMittal's Chief Financial Officer Aditya Mittal is ranked sixth on Fortune magazine's '40 under 40,' a list of top young business leaders who are 'innovating, expanding' and 'not really

New Delhi, July 28: Pinning hopes on developing economies for its future growth, ArcelorMittal today said it expects to start work on one of its Rs 1.3 lakh crore India projects in early 2011.

"We be

July 28: ArcelorMittal posted a profit of $1.7 billion in April-June quarter but expressed concerns over the prospects for the next three months saying the dip in European and Chinese markets could i