Tag: interview
Possible stainless plant in India
Acerinox SA in association with Japan-based stainless company Nisshin Steel Co. is studying the possibility of building a stainless steel plant in India to tap rising demand from makers of automobiles and houses.
Arcelor Mittal to sell Dofasco
Arcelor Mittal supervisory board head Mr LN Mittal told the Financial Times that he hopes to find a way to sell Canadian steel company Dofasco to ThyssenKrupp AG by the end of this year.
Arcelor’s worth at EUR 33.7 to 40.7 billion
In an interview published in Le Figaro, Arcelor CEO Mr Guy Dolle said that Arcelor is worth five to six times expected EBITDA at EUR 33.7 billion to 40.7 billion and that is much more than the EUR 20.5 billion bid by Mittal Steel.
Mittal says Chinese steel output set to slow down
Mr LN Mittal CEO of Mittal Steel during a recent interview said that soaring Chinese steel production will slow as rising raw material prices ify the country's labour cost advantage.
Arcelor CEO believes that he can fend off Mittal
Arcelor SA still believes it can fend off the Mittal Steel Co. NV takeover bid, but does see the need for consolidation in the steel industry, CEO Mr Guy Dolle said according to the press release of an interview to appear in Die Welt.
Arcelor CEO gives no chance to Mittal Steel bid
Arcelor will succeed in fighting off Mittal Steel's USD 23 billion hostile takeover bid Arcelor's Deputy CEO said 24 February 2006.