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Valin Steel

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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......

ArcelorMittal to aid Chinese mill expansion

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......

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......

Chinese co may sell 49% to Arcelor Mittal

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......

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