|
|
|
|
 |
|
ArcelorMittal denies intention to sell Brazilian assets
Feb 6, 2009
There were rumors in the market that ArcelorMittal is planning to sell its assets in Brazil to Usiminas Siderúrgicas de Minas Gerais S.A.
However, ArcelorMittal recently denied all such rumors and said the rumors were false and that the company had no intention to sell the assets to anyone.
"It's just not the right time for that," a brazilian analyst told STEEL GRIPS. "How can someone sell an asset in the current economic scenario and at what price?"
Usiminas refused to comment.
In addition, make sure to read these articles:
Double capacity for ArcelorMittal Monlevade LD Steel Works, Brazil
ArcelorMittal Monlevade S.A. , Brazil, orders two-strand high-capacity wire rod mill
ArcelorMittal Hochfeld, Germany, orders high-capacity wire rod mill
New air separating unit for ArcelorMittal Gent, Belgium
New blast furnace for ArcelorMittal Monlevade, Brazil
Personnel changes at ArcelorMittal
ArcelorMittal plans rebar JV in Northern Iraq
ArcelorMittal South Africa to upgrade electric arc furnace equipment
Industeel, Belgium, orders cold plate leveler
ArcelorMittal crane operator credited with averting disaster
|
 top of page
back
Tell a friend
print
read times
© 2009 GRIPS Intermedia GmbH All rights reserved. Reproduction in whole or in part without permission is prohibited.
|
|
 All external sites will open in a new browser.
GRIPS media does not endorse external sites.
|
|
