Tag: stainless steel business
ThyssenKrupp deals with stainless future
ThyssenKrupp has announced that it is on the verge of a deal to trim but retain its stainless steel business, seeming to end speculation about the future of the loss making division.
ArcelorMittal denies stainless steel JV
ArcelorMittal has announced that it has no intention to dispose of its stainless steel business despite a Financial Times report saying it was considering either a disposal or a joint venture of its stainless steel division.
Mittal to keep Arcelor stainless for 18 months
Mr Lakshmi Mittal told the Belgian government on 19 April that Mittal Steel would retain Arcelor’s stainless steel business for 18 months if it succeeds in acquiring the world’s No 2 steel producer.
