Page 13 - Arcelormittal

Steelmaker ArcelorMittal cuts losses, eyes better times ahead

Company reduced its net losses in the first quarter to $416 million compared to $728 million in the same period last year

ArcelorMittal to sell LaPlace and Vinton steel plants in US

CEO Lakshmi Mittal said it has entered a definitive transaction agreement to sell to an affiliate of Black Diamond Capital Management

ArcelorMittal's $3 billion rights issue likely to open on March 14

The launch of rights offering is also subject to approval by Luxembourg supervisory authority for the financial sector

Low iron ore, steel prices to continue in 2016: ArcelorMittal

The world's largest steelmaker outlined a plan to reduce its $15.7 billion net debt by nearly a quarter

South Africa forms committee to monitor ArcelorMittal's pricing

Last year, Mittal had to call on South African government authorities to help bail out his South African operations