ArcelorMittal Sells 15% of Stake in Canadian Mining Subsidiary
Posted on January 04, 2013 at 01:31 AM EST
ISTANBUL--January 4, 2012--Researched by Industrial Info Resources (Sugar Land, Texas)-- ArcelorMittal (NYSE:MT) (Luxembourg, Luxembourg), the world's biggest steelmaking firm, agreed to sell some of its stake in ArcelorMittal Mines Canada to an Asian consortium that includes South Korea's steelmaker POSCO (NYSE:PKX) (Seoul, South Korea) and China Steel of Taiwan (TW:2002) (Taiwan, Taiwan).