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Arcelormittal

January 15, 2008

An accident that has occurred at a mine belonging to family-owned steel giant ArcelorMittal has claimed 30 lives.

An accident that has occurred at a mine belonging to family-owned steel giant ArcelorMittal has claimed 30 lives. The firm announced in a statement that the accident, which happened last week, took place at its Abaiskaya mine in Kazakhstan.

Lakshmi Mittal (pictured), CEO and president, has expressed his sincerest condolences to the families and loved ones of the victims and has  travelled to the country to offer his personal support.

November 15, 2007

Family-owned steel giant ArcelorMittal has acquired a 100% stake in Galvex OÜ, the Estonian privately-owned steel galvanising line

Family-owned steel giant ArcelorMittal has acquired a 100% stake in Galvex OÜ, the Estonian privately-owned steel galvanising line located on the Baltic Sea, for an undisclosed sum.

Speaking today, Michel Wurth, member of the group management board of ArcelorMittal, said: "We look forward to bringing our expertise to Galvex OÜ as it joins our Central and Eastern Europe portfolio, which has already proved very successful, accounting for 18% of ArcelorMittal's steel production in 2006."

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