Archive for March 11th, 2008
EU approves ArcelorMittal’s buy of Galvex
BRUSSELS, March 10 (Reuters) - ArcelorMittal , the world’s largest steelmaker, won permission from the European Commission on Monday to buy Galvex, an Estonian steel galvanising line.
The proposed merger would create an overlap in the market for galvanised strip and coils, where both ArcelorMittal and Galvex are active, the Commission, top competition regulator of the [...]
Posted: March 11th, 2008 under Steel News.
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Steel demand to remain strong in 2008?
Whilst economists talk widely of recession, the Steel manufacturers continue to "talk up" demand.
LONDON, March 10 (Reuters) - Global steel demand shows no signs of slowdown and is expected to remain strong, at least in the first half of this year, a steel industry official told Reuters on Monday.
"Things are going very strongly in the [...]
Posted: March 11th, 2008 under Steel News.
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