ArcelorMittal believes that due to the cost increases in raw materials and steel equipment, steel pricing will continue to remain structurally strong.
Yesterday’s announcement from South Africa reflects specific currency developments and local price mechanisms. However globally ArcelorMittal will generally maintain its Q3 pricing levels into Q4. The Company is currently engaged in negotiating 2009 contracts [...]

ArcelorMittal and Primex (Germany) have reached an agreement whereby ArcelorMittal Stainless International is acquiring the 35% stake in Uginox Sanayi ve Ticaret Limited Sirketi (“Uginox”) which was owned by Primex.
Uginox was formed in 1997 as a 65/35 joint venture between Arcelor and Primex. Uginox operates a coil processing and service centre in Gebze, close to [...]

ArcelorMittal, the world’s largest integrated metals and mining company, announces that it intends to acquire 60% of the entire issued share capital of DSTC FZCO, a newly incorporated company located in the Dubai free zone.
Together with DSTC FZCO, ArcelorMittal is widening its offering in the Middle Eastern area. DSTC FZCO will acquire the main business [...]