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ArcelorMittal maintains global and India demand growth view

In its short-range outlook released last month, the World Steel Association said that it expects global demand to go up by 1.7% on year. AMNS India – in which ArcelorMittal has a 60% equity interest – produced 1.98 million, and sold 2.02 million tonne of steel during the March quarter. ....

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ArcelorMittal's Net Income Jumps Over 80% To $4,125 Million In Q1

Global steel giant ArcelorMittal on Thursday posted 80.52 per cent growth in net income at $4,125 million (about Rs 31,350 crore) for the first quarter ended March 31, 2022. ....

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ArcelorMittal Names Aditya Mittal CEO, Resumes Dividend Payouts

ArcelorMittal Names Aditya Mittal CEO, Resumes Dividend Payouts
ArcelorMittal Names Aditya Mittal CEO, Resumes Dividend Payouts
The new CEO is the son of the founder of the steelmaking giant, Lakshmi Mittal, 70, who takes on the role of executive chairman
Aditya Mittal is the new chief executive officer of ArcelorMittal
ArcelorMittal reinstated its dividend and named Aditya Mittal as its new chief executive officer after a rebounding steel market helped the company shrug off the impact of the pandemic.
The new CEO is the son of the founder of the steelmaking giant, Lakshmi Mittal, 70, who becomes executive chairman. The 45-year-old, formerly chief financial officer and head of the company s European business, has spent an apprenticeship of more than two decades preparing for the role. In 2006, at the age of just 30, Aditya Mittal also spearheaded the steel industry s biggest ever deal. ....

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