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 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......
NRI steel baron L N Mittal-run ArcelorMittal and China's Valin Group will fund a new 4.4 million tonnes strip mill and a 2 million tonnes cold rolled steel mill of Lianyuan Steel, through a JV......
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......
One of China's largest steel companies, Baotou Iron & Steel is in talks with the world's top steel maker, Arcelor Mittal over the possible sale of 49 per cent stake, the official media reported on......