President of the Point Lisas Industrial Port Development Corporation Ltd (Plipdeco) Ashley Taylor said there was never any signal from ArcelorMittal that the steel plant […]
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Month: March 2016
What game is Mittal playing?
The decision by ArcelorMittal to permanently mothball its steel producing complex on the Point Lisas Industrial Estate is due more to the Luxemburg-based company’s desire […]
Read moreArcelorMittal cannot compete with Chinese steel
If ArcelorMittal, the world’s largest steel manufacturing and mining company with its wealth of professional staff and experience is unable to compete in price with […]
Read moreArcelorMittal tackles US$16bn debt
The ArcelorMittal plant at Point Lisas, central Trinidad, is just the latest to be closed by the global steel giant in recent months. Since the […]
Read moreArcelorMittal offers Govt its $1.3 billion debt for $1
The Steel Workers Union (SWUTT) is not accepting ArcelorMittal’s claims that it was incurring losses since 2009, which subsequently led to the company being forced […]
Read moreArcelorMittal $1.3b in debt
The jubilation that hundreds of steel workers experienced on Thursday when the Industrial Court granted them victory over ArcelorMittal turned to grief yesterday, after the […]
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