Lakshmi Mittal discusses mill closure plans with South African officials
AMSA plans to close three plants - including two steel mills that the auto-making, mining and construction industries depend on - at the end of the month ...
Hosted on MSN10mon
Lakshmi Mittal’s net worth: Here’s a look at India’s tenth richest man’s lifestyle, family, journey, and more
Lakshmi Mittal, an icon in the steel industry, is a visionary industrialist whose ascent from modest origins to global eminence is truly extraordinary. As the chairman of ArcelorMittal ...
ArcelorMittal Hands South Africa Responsibility for Mill Rescue
ArcelorMittal SA said it’s up to South Africa to keep crucial steel mills open and questioned the government’s industrial ...
India.com1mon
This Indian spent Rs 5500000000 on his daughter’s marriage, is now left with no money, here’s how his business empire turned into dust
Pramod Mittal, once one of the richest people in the world and the younger brother of steel tycoon Lakshmi Mittal, has seen his fortunes crumble to dust. Known for his extravagant lifestyle and ...
Yahoo Finance18d
Billionaire Mittal’s Woes Imperil South African Revival Plan
The company, which Lakshmi Mittal formed in 2006 by merging his Mittal Steel with France’s Arcelor, on Jan. 6 said that after a year of inconclusive talks with the government, it will shutter ...
businesstech.co.za16d
Indian billionaire the lifeline for Toyota, VW, and 100,000 South African jobs
Steelmaking mogul Lakshmi Mittal met with South African President Cyril Ramaphosa in Davos on Wednesday (22 January) as the country aims to prevent the impending closure of steel mills vital to ...
Moneyweb4d
More pain for ArcelorMittal as headline losses expected to widen
A trading update says the headline loss per share is expected to decline by between 165% and 174% for the year to December ...
Deccan Chronicle17d
Chandrababu Naidu, Lokesh invited Lakshmi Mittal to set up petrochemical hub in AP
Chief Minister N. Chandrababu Naidu, ministers Nara Lokesh and TG Bharath met steel tycoon Lakshmi Mittal, executive chairman of Arcelor Mittal at Davos. Lokesh invited Mittal to set up ...
businesstech.co.za13d
R1 billion bailout on the cards to save 100,000 jobs in South Africa
Government officials are earmarking a R1 billion bailout for ArcelorMittal South Africa (AMSA) after it announced it would ...
ArcelorMittal’s potential R1bn rescue package aims to save South Africa’s steel operations
While the specifics of the deal remain under wraps, sentiments from financial sources suggest optimism regarding the ...
The Financial Times15d
South Africa in emergency talks to save ‘critical’ steel plants
Ramaphosa this week met ArcelorMittal executive chair Lakshmi Mittal in Davos to discuss solutions to keeping those mills open, according to Parks Tau, South Africa’s minister of trade ...