Bloomberg: ArcelorMittal, Russia's VTB competing for India's Essar Steel [Seeking Alpha]
Arcelor Mittal NY Registry Shares NEW (MT)
Last arcelor mittal ny registry shares new earnings: 2/6 01:00 am
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corporate.arcelormittal.com/investors
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Source: Seeking Alpha
Bloomberg: ArcelorMittal, Russia's VTB competing for India's Essar SteelArcelorMittal (MT+0.8%) isplanning a joint offer with Nippon Steel & Sumitomo Metal for distressed steel company Essar Steel India, a deal that could fetch a valuation of at least $6B, Bloomberg reports.MT reportedly would have a majority stake and may make an all-cash offer, while a consortium led by Russia's VTB Group is planning to bid through a Mauritius-based investment vehicle.A new Indian bankruptcy law designed to clear out distressed companies has sparked a contest for more than $26B of steel assets, with interest from foreign and domestic metals giants.Click to subscribe to real-time analytics on MTNow read:ArcelorMittal 2017 Q4 - Results - Earnings Call Slides »
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News
- ArcelorMittal S.A. (NYSE: MT) is now covered by analysts at The Goldman Sachs Group, Inc.. They set a "neutral" rating on the stock.MarketBeat
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- Asia-Pacific Steel Processing Market Outlook, 2024-2029: Automotive Industry Expansion, Manufacturing Growth Spurs Sector [Yahoo! Finance]Yahoo! Finance
- ArcelorMittal S.A.: ArcelorMittal reports first quarter 2024 resultsGlobeNewswire
- Steel Processing Market Forecast to Surpass $750 Billion by 2029: Global Industry Analysis and Outlook Featuring Key Players ArcelorMittal, Tata Steel, Gerdau, Sandvik, and Nippon Steel Corporation [Yahoo! Finance]Yahoo! Finance
MT
Earnings
- 5/2/24 - Beat
MT
Sec Filings
- 5/2/24 - Form 6-K
- 4/29/24 - Form 6-K
- 4/23/24 - Form 6-K
- MT's page on the SEC website