Arcelor Mittal Bursaries Available 2018 – SA Bursaries 2019

By | January 3, 2018

Arcelor Mittal Bursaries

Arcelor Mittal bursaries offered by South Africa’s largest steel producer on the African continent, with a production capacity of 7.8 million tonnes of liquid steel per annum. ArcelorMittal  has bursaries available, below are the requirements and how to apply.

Arcelor Mittal Bursaries Available

Qualifications
S4
  •      Electrical Engineering
  •      Metallurgical Engineering
  •      Mechanical Engineering
  •      Information Technology
  •      Chemical Engineering
  •      Instrumentation Engineering
3rd Year
  •      BSC Environmental
4th Year
  •     Electrical Engineering
  •     Metallurgical Engineering
  •     Chemical Engineering

Bursaries Requirements

  •      CV
  •      Certified relevant  results and
  •      A certified ID document

How to Apply

E-mail: [email protected]: 016 889 3300
Enquiries: Chantel Smith, Tel: 016 889 2278
Closing Date: 30 August 2018

About

ArcelorMittal was created by the takeover of Western European steel maker Arcelor (Spain, France, and Luxembourg) by Indian-owned multinational steel maker Mittal Steel in 2006, at a cost of €40.37 per share, approximately $33 billion total. Mittal Steel launched a hostile takeover bid which replaced a previous planned merger between Arcelor and Severstal, which had lacked sufficient shareholder approval. The resulting merged business was named ArcelorMittal and was headquartered in Luxembourg. The resulting firm produced approximately 10% of the world’s steel, and was by far the world’s largest steel company. Total revenues in 2007 were $105 billion.

The company earned revenues of $105 billion in 2007. By February 2008, the company had 320,000 employees in 60 countries.[8] In October 2008, the market capitalisation of ArcelorMittal was over $30 billion, after peaking at $32.5 billion in September 2008. At the end of 2008, the company reported operating income of around $12 billion.

In December 2008, ArcelorMittal announced several plant closings, including the Bethlehem Steel plant in Lackawanna, New York, and LTV Steel in Hennepin, Illinois.[citation needed] After purchase of Kryvorizhstal, Ukraine’s largest steel producer, employment was scaled back from 57,000 employees to 30,000