Steelmaker Arcelor SA said Monday its board has rejected Mittal Steel Co.’s revised takeover offer and recommended that shareholders approve a deal with Russia’s OAO Severstal. But Arcelor said the ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Lakshmi Mittal, the Indian steel billionaire, on Sunday emerged as head of the world’s biggest steel company ...

Arcelor SA yielded to a sweetened bid from Mittal Steel Co. on Sunday, ending a bitter five-month takeover battle in a deal to create a steel titan with nearly 10 percent of the global market. After a ...

ArcelorMittal is a multinational steel manufacturing corporation headquartered in Luxembourg City. The company was formed in 2006 from the merger of Arcelor and Mittal Steel. ArcelorMittal is the ...

LONDON — Netherlands-based Mittal Steel Co. and Arcelor of Luxembourg have agreed to a $33.6-billion deal to create a steel group three times larger than its nearest rival. The deal was hammered out ...

The Board of Arcelor, the world's largest steel producer, announced plans to takeover Severstal, Russia's largest steel company on May 29. If the deal is approved by Arcelor's shareholders, it will ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Arcelor on Friday night night faced the threat of possible legal action by Severstal if it chooses to bow to ...

Lakshmi Mittal is a man with a vision for the global steel industry, and his place in it--at the center. That makes Mittal Steel 's 18.6 billion euro hostile bid for France's Arcelor, its next biggest ...