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Mittal to buy stake in Chinese steel co

 The world's largest steelmaker, Mittal Steel Co. will buy 36.7 per cent stake for $316 million in China's Hunan Valin Steel Tube & Wire Co.The Rotterdam-based Mittal would become Hunan Valin's......

Mittal Steel buys stake in Chinese firm

 Mittal Steel on Friday announced that it had bought a 37.17 stake in Hunan Valin Steel Tube Wire, a subsidiary of Hunan Valin Iron & Steel of China for $314 million. The deal was the first large......

Arcelor Mittal, Chinese co JV plan fails

Steel magnate Lakshmi Mittal's demand for a 50 per cent stake in China's Baotou Iron and Steel Group has led to collapse of talks for a joint venture as Beijing will not allow foreign steel giants......

Is ArcelorMittal winning or losing ground in China?

 At the zenith of his success in capacity consolidation marked by acquisition of Arcelor in June 2006, and, in the process creating a steel behemoth of over 100 million tonnes (MT) capacity,......

'Arcelor deal to be finalised by June'

 Mittal Steel, owned by NRI steel tycoon Lakshmi Mittal, has said that opposition to its controversial takeover bid of Luxembourg-based Arcelor is softening and the whole deal could be finalised by......

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