Severstal Mulls Buying ArcelorMittal Unit

Moscow Times 31 October 2012 Severstal is interested in buying French steel producer Florange, a subsidiary of ArcelorMittal, according to unnamed sources cited by French newspaper Les Echos, Interfax reported Tuesday. Talks began two weeks ago, and a representative...

Severstal Mulls Buying ArcelorMittal Unit

Moscow Times 31 October 2012 Severstal is interested in buying French steel producer Florange, a subsidiary of ArcelorMittal, according to unnamed sources cited by French newspaper Les Echos, Interfax reported Tuesday. Talks began two weeks ago, and a representative...

Mechel Puts Multibillion-Dollar Assets Up for Sale

Moscow Times 27 September 2012 Coal and steel conglomerate Mechel announced it will sell its assets in eastern Europe and some Russian holdings and might also sell a 25 percent interest in its mining division, Mechel Mining. Mechel expects to raise $1.5 billion to $2...