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Monday, August 15, 2022



Cong-BJP spar over diversion of forest land to ArcelorMittal

March 23, 2022 2:24 am

While Congress accused the ruling BJP of favouring the corporate group, the ruling party not only accused Congress of granting more diversion of forest land during its rule, but also said that everything was done as per rules in the case of ArcelorMittal Group.

Hazira plant: ArcelorMittal to double production of steel used for defence

February 25, 2022 4:25 am

Though the plant at Hazira has a capacity of 10 million tonnes per annum, it is currently functioning at 8.4 million tonnes per annum. This capacity will be increased to 15 million tonnes per annum by 2024.

SC upholds Gujarat’s Rs 480-cr tax claim on ArcelorMittal Nippon Steel

January 22, 2022 1:35 am

🔴 A Bench set aside the Gujarat High Court’s May 2016 judgment that had upheld the Gujarat Value Added Tax Tribunal’s order that held Essar Steel (ESL) was entitled to the exemption from payment of purchase tax.

AM/NS Hazira plant: Company lends an ear to villagers, promises action

September 21, 2021 11:11 pm

Further, AM/NS also promised to look into the grievances of Arjun Patel, a farmer, who complained of damage to his crops and low yield due to pollution from the plant, and Viral Patel who claimed he was yet to receive his land compensation.

ArcelorMittal planning to invest Rs 1L cr in Gujarat

August 21, 2021 4:32 am

During the visit, the release added, Mittal expressed his eagerness to invest Rs 1 lakh crore in Gujarat.

ArcelorMittal posts $2,285 million net income in March quarter

May 06, 2021 3:08 pm

The world's largest steelmaker had posted a net loss of USD 1,120 million in the year-ago quarter, the company said in a statement.

ArcelorMittal reports $1,207 million net income in December quarter

February 11, 2021 3:39 pm

Further, the Board of Directors of ArcelorMittal has announced that Aditya Mittal, who is currently President, CFO and CEO ArcelorMittal Europe, will become Chief Executive Officer of the company.

Mittal’s wish list for Hazira project: cheap land, fast allotment, waivers, subsidies

January 09, 2021 1:16 am

In a hand-written note, Gujarat Deputy Chief Minister Nitin Patel referred the list to MK Das, Additional Chief Secretary (Industry and Mines) in the CMO, for “discussion”.

ArcelorMittal reports $559 million net loss in Apr-Jun quarter

July 30, 2020 4:53 pm

The world's largest steelmaker had clocked a net loss of USD 447 million in the year-ago quarter, the company said in a statement.

ArcelorMittal India entry: Domestic steel firms say more players in market to spur innovation

November 21, 2019 5:47 pm

"We don't see ArcelorMittal as a challenge," JSW Steel Chairman Sajjan Jindal told PTI on the sidelines of the ISA Steel Conclave.