ArcelorMittal in talks with an Indian steel

Posted in features, international, opinions, resources, top news by admin on March 18th, 2010

The steelmaker ArcelorMittal, through Christopher Cormier, a member of the board of directors of the group, and Pierre Gugliermina, who is the chief technology officer, met in New Delhi, officials of the Indian society unlisted Bhushan Power & Steel, reports the Indian business daily The Economic Times.

Discussions would focus on acquisition by ArcelorMittal of a stake in the company Bhushan Power & Steel to access a steel plant and certain mining rights of the latter in the region of Orissa best payday advance! !!???!!!???!!!. ArcelorMittal did not have access to the mines of this region.

The chairman of Bhushan Power & Steel, Sanjay Singal, denied the existence of such a project and he said ArcelorMittal had not approached.Currently the group headed by Lakshmi Mittal does not comment.

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