NEW YORK/LONDON, Sept 16 (Reuters) - The private equity owner of Phoenix Services LLC, which provides services to global steel producers including ArcelorMittal SA , is exploring a sale that it hopes...
Sept 15 (Reuters) - ArcelorMittal and Gerdau said on Monday they were selling their Gallatin Steel U.S. joint venture to Nucor Corp for $770 million.
borrowings. Gallatin Steel is a joint venture in which ArcelorMittal and Gerdau each hold a 50% interest. It has been on ..... steel products in North America and was expendable to ArcelorMittal because the company is focused on reducing its net
the equity of Gallatin Steel from ArcelorMittal (NYSE: MT ) and Gerdau (NYSE: GGB ) for ..... valued finished goods inventories. MT and GGB each owned 50% interests in Gallatin. NUE +0.9% , MT -0.5% premarket. Post your
BRUSSELS, Sept 15 (Reuters) - ArcelorMittal , the world's largest steel maker, and Brazil's Gerdau on Monday announced they would sell their 50-50 joint venture Gallatin Steel to U.S. producer Nucor...
* ArcelorMittal and Gerdau agree to sell Gallatin Steel for $770 mln
month, shares of steelmaker ArcelorMittal (NYSE: MT ) have gained some momentum ..... as relief for investors, as ArcelorMittal has been under pressure in ..... market conditions can help ArcelorMittal get better. ArcelorMittal
By Ajay Palekar : ArcelorMittal (NYSE: MT ) is an integrated steel ..... sustainable steel, have guided ArcelorMittal through its first five ..... and safety." - Lakshmi Mittal , Chairman and CEO, ArcelorMittal The focus that Lakshmi
the world, ArcelorMittal only has ..... likelihood that ArcelorMittal will ever ..... chairman Lakshmi Mittal turned Mittal Steel from a family ..... became one as Mittal Steel acquired Arcelor for EUR 29 ..... Rating to ArcelorMittal . To reconsider ..... merger of Arcelor and Mittal Steel , the two ..... the time, ArcelorMittal now produces
representing 17% of overall revenue, includes a steel plant and coke production facilities in Slovakia. ArcelorMittal (NYSE: MT ), with a strong presence in the area, also +2.7% ; the other U.S. steel producers - AKS , CMC , NUE