ArcelorMittal 2Q profit more than double ArcelorMittal SA, the world's largest steelmaker, said Wednesaday its second-quarter profit more than doubled as it increased steel prices to defray higher costs for energy and iron ore. 30 Jul 2008
2.
Lakshmi Mittal hops aboard Goldman Sachs board Lakshmi N. Mittal, world's fifth richest man and owner of steel behemoth ArcelorMittal, has been appointed as an independent director of the 13-member board of Goldman Sachs Group Inc, the world's oldest and largest investment bank. 30 Jun 2008
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Mittal to acquire £117 million London home to keep family near A London mansion, located on a street dubbed Billionaires' Row, is being reportedly sold, fully furnished and with an art collection, to steel king Lakshmi Mittal for a whopping £117 million (or $230 million). 24 May 2008
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India makes inroads in Forbes billionaire list Four Indians, including steel behemoth ArcelorMittal's chief Lakshmi N. Mittal and India's biggest listed firm, Reliance Industries Ltd's (RIL) chairman Mukesh Ambani, are among the top 10 richest person in the world, Forbe's annual billionaire's list has revealed. 16 Mar 2008
Mittal says to up Liberia investment to $1.5 billion Arcelor Mittal, the world's largest steelmaker, said on Wednesday it will up investment in an iron ore project in Liberia by $500 million to $1.5 billion in a vote of confidence in President Ellen Johnson-Sirleaf's government. 12 Dec 2007
ArcelorMittal eyes auto steel JV deal with China's Valin Arcelor Mittal plans to set up an auto steel joint venture in China, in which it will take a 30 percent stake, with Hunan Valin Steel Tube and Wire Co Ltd and its parent, a Chinese executive said on Monday. 26 Nov 2007
