Posts Tagged ‘ArcelorMittal’

ArcelorMittal announced JV in China

ArcelorMittal the largest Steel producer in the world announced on Friday that they would launch a flat carbon steel JV partnership with Hunan Valin Group and Hunan Valin Steel.   Hunan Valin Steel will own 34 percent in the new joint venture while ArcelorMittal and Hunan Valin Group will each have a 33 percent stake.   This […]

ArcelorMittal to buyout Bayou Steel Corp.

The Luxembourg steelmaker ArcelorMittal said Monday it will buy Bayou Steel Corp. One of ArcelorMittal Steel mill’s below       Bayou Steel Corp. operates a minimill on the Mississippi River in LaPlace, and has a rolling mill in Harriman, Tenn.  They also run an automobile shredder at the LaPlace plant, barge wrecking and scrap yards in LaPlace, and […]