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Lakshmi Mittal

  • Thursday, 27 March, 2025
    Steel tycoon Lakshmi Mittal plans to leave UK after non-dom tax change

    Indian businessman would join an exodus of wealthy individuals prompted by Labour’s reform

    Lakshmi Mittal
  • Sunday, 16 February, 2025
    News in-depthArcelorMittal South Africa Ltd
    South Africa fights to save its apartheid-era steel mills

    Looming closure of century-old plants threatens to kill manufacturing in continent’s most industrialised economy

    Pipework in the yard of the closed ArcelorMittal Saldanha Works steel plant in South Africa
  • Wednesday, 4 December, 2024
    Europe Express
    Why Brussels hopes cracking down on China will also save EU industry Premium content

    Also in this newsletter: Is EU drug policy fair to poorer states?

    Alexander De Croo, Teresa Ribera and Stéphane Séjourné wear safety hats at a steel plant in Belgium
  • Tuesday, 3 December, 2024
    Industrials
    Europe must make a choice on the steel industry

    There is considerable investment into the green transition waiting to be activated, once policy clarity is achieved

    Sparks fly as a worker  takes a sample of molten iron flowing from a blast furnace at the Thyssenkrupp Steel Europe steelworks in Duisburg, Germany
  • Thursday, 11 February, 2021
    ArcelorMittal SA
    ArcelorMittal appoints Aditya Mittal as chief executive

    New head of steel group replaces his father Lakshmi who becomes executive chairman

    Metal coils at an ArcelorMittal steel plant in Ghent, Belgium. The company announced a strong set of fourth-quarter results in its full-year statement
  • Thursday, 14 January, 2021
    News in-depthArcelorMittal SA
    One-time king of steel Lakshmi Mittal hunts for growth in emerging markets

    Tycoon to expand in developing economies as his metals group emerges from pandemic in leaner shape

  • Friday, 15 November, 2019
    ArcelorMittal SA
    ArcelorMittal’s $6bn takeover of Essar Steel has last hurdle removed

    India’s Supreme Court upholds key provision of bankruptcy code on priority claims

    Signage for Essar Steel Ltd. is displayed as workers load items onto a truck at the company's Pune Facility near Pune, Maharashtra, India, on Friday, Oct. 26, 2018. Lenders to Essar Steel, the biggest mill being sold under the nation's insolvency process, have chosen steel tycoon Lakshmi Mittal's ArcelorMittal as the winning bidder for the asset, overlooking an attempt by the founders to thwart the sale by offering a higher payment. Photographer: Dhiraj Singh/Bloomberg
  • Tuesday, 28 May, 2019
    Climate change
    Politics remains the biggest obstacle to climate change action

    No leader in the developing world can pursue policies that threaten growth

    An employee looks at hot steel at the ArcelorMittal steel plant of Grande-Synthe, Northern France, on April 22, 2013. AFP PHOTO PHILIPPE HUGUEN (Photo credit should read PHILIPPE HUGUEN/AFP/Getty Images)
  • Monday, 12 February, 2018
    Mergers & Acquisitions
    ArcelorMittal challenges for control of Essar Steel

    Company’s founder seeks to expand his empire to India and land of his birth

    FILE PHOTO: ArcelorMittal plant is seen in Vanderbijlpark, an industrial city south of Johannesburg, South Africa, November 21, 2017. REUTERS/Siphiwe Sibeko/File Photo GLOBAL BUSINESS WEEK AHEAD SEARCH GLOBAL BUSINESS 29 JAN FOR ALL IMAGES
  • Wednesday, 31 January, 2018
    Commodities
    ArcelorMittal boosts annual profit as steel market recovers
    Thursday 23rd February 2017: For the very first time, daredevil abseilers have taken on the precarious task of cleaning the world’s longest and tallest tunnel slide at the ArcelorMittal Orbit in Queen Elizabeth Olympic Park. Suspended 249ft in the air, the same height as a 25 storey building, the highly skilled team were put to the test as they abseiled an unconventional path through the tight twists and turns of The Slide to begin an early spring clean of the hair-raising new attraction. For more information contact the Press Office at Queen Elizabeth Olympic Park on +44 (0) 20 3734 9010 or email press@QueenElizabethOlympicPark.co.uk PR Handout Copyright: © Mikael Buck / ArcelorMittal Orbit
  • Friday, 10 November, 2017
    European companies
    ArcelorMittal upbeat on global steel market as it lifts earnings

    World’s largest producer boosts sales and chief Lakshmi Mittal hails ‘solid performance’

    Water vapor and smoke rise from a Tonghua Iron & Steel Group Co. plant in the Erdaojiang district in Tonghua, Jilin province, China, on Wednesday, Jan. 6, 2016. The city's once-vaunted state-run steel mills have slipped inexorably into decline, weighed down by slumping global markets, a changing economy, and the burden of costs and responsibilities to the people of the town they fostered. Phoptographer: Qilai Shen/Bloomberg
  • Thursday, 27 July, 2017
    UK companies
    Steely determination: ArcelorMittal earnings jump 19%
  • Sunday, 12 February, 2017
    EU economy
    ArcelorMittal calls for carbon levy on imports to EU companies

    Lakshmi Mittal concerned new rules will discriminate against European producers

    A steelworker watches as molten steel pours from one of the Blast Furnaces during 'tapping' at the British Steel - Scunthorpe plant in north Lincolnshire, north east England on September 29, 2016. Thursday September 29, marks 100 days since the British Steel conglomerate bought the ailing plant from Indian company Tata Steel. In a recent interview, Gareth Stace, director of UK Steel, Britain's steel trade organisation said, "I welcome that they have brought the British Steel brand back to life. I think fundamentally it's a good and viable business and should have a strong viable future." / AFP / Lindsey Parnaby (Photo credit should read LINDSEY PARNABY/AFP/Getty Images)
  • Sunday, 12 February, 2017
    European companies
    A carbon border tax is the best answer on climate change

    The aim should be both to reduce emissions from Europe’s production and consumption

    DUISBURG, GERMANY - JANUARY 06: Steam and exhaust rise from the steel power station HKM Huettenwerke Krupp Mannesmann GmbH on a cold winter day on January 6, 2017 in Duisburg, Germany. According to a report released by the European Copernicus Climate Change Service, 2016 is likely to have been the hottest year since global temperatures were recorded in the 19th century. According to the report the average global surface temperature was 14.8 degrees Celsius, which is 1.3 degrees higher than estimates for before the Industrial Revolution. Greenhouse gases are among the chief causes of global warming and climates change. (Photo by Lukas Schulze/Getty Images)
  • Friday, 10 February, 2017
    Industrial metals
    ArcelorMittal flags recovery with its first profit in 5 years

    World’s largest steelmaker benefits from higher metal prices and cost-cutting

    Steel Manufacture At ArcelorMittal's Bosnia Plant...A worker dressed in heat protective clothing passes red hot metal in a furnace at the ArcelorMittal steel plant in Zenica, Bosnia, on Thursday, March 17 2016. Steel has become a flash point in EU-China trade relations as Chinese producers challenge European manufacturers such as ArcelorMittal and ThyssenKrupp AG by shipping excess supply to Europe. Photographer: Oliver Bunic/Bloomberg
  • Friday, 29 July, 2016
    World
    ArcelorMittal profits on rising steel price
  • Friday, 6 May, 2016
    European companies
    ArcelorMittal cautions global steel market still ‘fragile’

    Shares in group fall after it highlights problem of excess Chinese production

    Dunkirk Steel Plant. Blast Furnace Run by ArcelorMittal Dunkirk France 22/2/16
  • Friday, 6 May, 2016
    World
    ArcelorMittal’s losses narrow but debt grows
  • Thursday, 17 March, 2016
    Technology sector
    Triumph of tech: foreword by Lionel Barber

    Technological innovation and computing power are driving change across all business, writes the FT’s editor

    Lionel Barber
  • Friday, 11 March, 2016
    Commodities
    ArcelorMittal outlines terms of $3bn rights issue

    Steelmaker taps shareholders to reduce $16bn debt pile in throes of commodities downturn

    Dunkirk Steel Plant. Blast Furnace Run by ArcelorMittal Dunkirk France 22/2/16
  • Sunday, 6 March, 2016
    News in-depthEuropean companies
    ArcelorMittal strives to raise its game

    Analysts question if steelmaker’s plan to boost profits will succeed

  • Sunday, 6 March, 2016
    US companies
    ArcelorMittal chief bullish on steel sector despite price woes

    Mittal points to uptick in spreads and expresses confidence that China capacity cuts will happen

    An ArcelorMittal employee tends blast furnace B, at the Ougree facility near Liege, Belgium, on Monday, Feb. 9, 2009. ArcelorMittal announce earnings on Wednesday. Photographer: Jock Fistick/Bloomberg News
  • Friday, 5 February, 2016
    Industrial metals
    ArcelorMittal to raise $3bn to cut debt

    Steelmaker sets out strategy to reduce $15.7bn debt pile as losses rise sevenfold in 2015

    An ArcelorMittal employee tends blast furnace B, at the Ougree facility near Liege, Belgium, on Monday, Feb. 9, 2009. ArcelorMittal announce earnings on Wednesday. Photographer: Jock Fistick/Bloomberg News
  • Friday, 5 February, 2016
    World
    ArcelorMittal announces $3bn capital raising
  • Thursday, 7 May, 2015
    European companies
    ArcelorMittal cuts earnings target after iron ore price falls

    Steelmaker continues to grapple with falling iron ore prices

    An ArcelorMittal employee tends blast furnace B, at the Ougree facility near Liege, Belgium, on Monday, Feb. 9, 2009. ArcelorMittal announce earnings on Wednesday. Photographer: Jock Fistick/Bloomberg News
Previous page You are on page 1 Next page

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