07
Nov
09:17
ArcelorMittal plans to increase VAMA stake to 50%
ArcelorMittal plans to increase its share in Valin ArcelorMittal Automotive (VAMA) from 49% to 50%, according to Hunan Valin Group. ArcelorMittal previously sold all its shareholdings in Valin Group as the Chinese company is undergoing a major asset swap, Kallanish notes.
“ArcelorMittal will keep working closely with Valin Group in terms of its autosheet project; more new technology, liquidity and a stronger management team will be introduced to …
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Anonymous
Very good overview of the weekly steel market.
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