Manchester — ArcelorMittal has named Aditya Mittal its new CEO, marking a generational shift as a leaner steelmaker emerges from the pandemic.

The 45-year-old served a two-decade apprenticeship under his father Lakshmi, who becomes executive chair of the steelmaking giant he founded in 1976. During that period, the new CEO made his mark, spearheading the $34bn takeover of Arcelor in the steel industry’s biggest-ever deal. Now he faces an equally daunting challenge: maximising investor returns while making polluting steel plants green...

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