Entries tagged "ArcelorMittal"
Luxembourg-based ArcelorMittal is continuing its push into the raw materials used in steelmaking, especially in Brazil. The world's No. 1 steelmaker once again picked up Wednesday iron ore miner London Mining South America Ltd. of Brazil for $810 million. ...
The world is getting smaller for ArcelorMittal. The world's No. 1 steelmaker agreed Monday to acquire a 49% stake in Brazilian iron ore and manganese miner Mineração Pirâmide Participações Ltda., days after announcing plans to expand in South America's biggest steel market....