The move comes two weeks after India's top court said ArcelorMittal's bid for Essar Steel would become valid only if the acquirer cleared outstanding debt of Uttam Galva Steels and KSS Petron.
Arcelormittal Mining News
ArcelorMittal, the world's largest steel producer, has agreed the sale of plants in the Czech Republic, Romania, Macedonia and Italy.
ArcelorMittal signed a preliminary agreement last year to buy Ilva, which has the largest steel-producing capacity in Europe.
Canada will consider a safeguard action on seven steel products to protect domestic producers from imports since the United States imposed tariffs in March.
ArcelorMittal Temirtau, will suspend the export of hot-rolled steel coils to Iran due to the re-imposition of U.S. sanctions
Italy's new government has postponed its handover of the heavily polluting Ilva steel plant to ArcelorMittal by two and a half months to Sept.
Sean Donnelly, CEO of the company, added that the Canadian government must put resources in place to ensure that cheap steel is not diverted to Canada.
ArcelorMittal South Africa, which has agreed to pay a 1.5 billion rand ($116.85 million) fine for colluding to fix steel prices in five instalments.
Coal miners at ArcelorMittal's Kazakh unit ended their sit-in and emerged from the mines after offers of a pay rise and the threat of legal action.
A sit-in by miners of ArcelorMittal's Kazakh unit widened to all of the firm's coal mines on Tuesday as hundreds of workers demanded a 100 percent wage rise.
South Africa has granted the miner, a unit of Anglo American, previously disputed mining rights at the operation, ending a seven-year dispute.
The steel giant has agreed to sell both operations to Black Diamond Capital Management for an undisclosed sum.
The company has now at least 60 days to come up with a plan to address and fix pollution problems tied to its operations Tubarão, one of Vale's most important ports.
PennEnvironment claims the steelmaker has repeatedly violated the federal Clean Air Act at its Monessen coke plant since the facility reopened last year.
The company now expects earnings before interest, tax, depreciation and amortization, which is a more closely watched metric than net income in the steel industry, to be between $6bn and $7bn.
The assets include the coal mines of Berezovskaya and Pervomaskaya, which together produce 700,000 tonnes of coal a year.
Report shows there are 39 assets in production within the Ebola-affected region.
Deutsche Bank warned Friday that gold producers are the most vulnerable to a further spread of the deadly disease.
The ore mined will be shipped during the open water season of 2015.
A group of 11 chief executives of firms operating in West Africa have called for more international support to combat the deadly virus.
Tighter border controls are set to disrupt the flow of essential supplies and even workers trying to get to work at the African country's mining operations, companies say.
After the WHO declared the current outbreak an “international public health emergency.”
The deposit in the south of Guinea boasts 935 million tonnes of 63.5% direct shipping ore.
The plunge in iron-ore prices is damping profits at the firm’s mining unit.
They would be going for the northern portion of the massive iron ore deposit, seized from Israeli billionaire Beny Steinmetz and mining giant Vale in April.