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ArcelorMittal (MT) Plans To Shift Location Of Steel Projects

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Lakshmi Mittal, Chairman of ArcelorMittal (ADR) (NYSE: MT) said that the giant steelmaker may consider shifting the location of its steel projects within India.

The Company has steel-making operations in 20 countries on four continents, including 66 integrated, mini-mill and integrated mini-mill steel-making facilities. ArcelorMittal operates its business in six operating segments: Flat Carbon Americas; Flat Carbon Europe; Long Carbon Americas and Europe; Asia, Africa and Commonwealth of Independent States (CIS) (AACIS); Stainless Steel; and ArcelorMittal Steel Solutions and Services.

The share price for ArcelorMittal closed at $47.71.

 

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Posted-In: Lakshmi MittalNews Global Markets

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