Deal would create no. 1 steelmaker

Article Abstract:

Lakshmi Mittal and his son Aditya Mittal, owners of steel companies Ipsal International NV and LMN Holdings NV, are planning a merger between Ipsal, LMN, and International Steel Group Inc. of Richfield, Ohio. If the consolidation proceeds, the newly formed Mittal Steel Co. would be one of the largest steel producers in the world.

United Kingdom, United States, Netherlands, Foreign operations, Management dynamics, Executive changes & profiles, India, Securities issued, listed, Capacity, Analysis, Management, Officials and employees, Acquisitions and mergers, Securities, Company business management, Company securities, International Steel Group Inc., Mittal, Lakshmi N., Mittal, Aditya, LNM Group, Mittal Steel Company N.V.

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Midwest disclosure spurs talk of bid from Sinosteel

Article Abstract:

Australian iron ore firm Midwest Corp. announced a potential transaction, leading to speculation that China's Sinosteel Corp. may be making an all-cash bid to counter an already existing offer made by Murchison Metals Ltd. It is believed that the Sinosteel offer values Midwest at $1.11 bil.

China, Strategy & planning, Planning, Australia, Company business planning, Murchison United

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Outokumpu to buy Avesta, creating giant steelmaker

Article Abstract:

Outokumpu Oyj, Finland-based mining and metals group, announced it would acquire Sweden's Avesta Sheffield AB in a billion-dollar (Euro1.13 billion) agreement to create the second biggest stainless steel manufacturer in the world.

Finland, Asset sales & divestitures, Iron and Steel Mills, Sweden, Primary Metal Manufacturing, Blast Furnaces & Steel Mills, Metals, Metals (Materials), Outokumpu Oyj Espoo, Avesta Sheffield AB

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