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SteelNews.com is a publication created by the Association for Iron and Steel Technology (AIST) for the steel community. We are the leading source for technological and innovative news on the people, producers and suppliers in the North American and international steel communities.

 

ARCELOR HEADLINES

Steel Producers / Arcelor
Latest News:
Arcelor to Enhance Offer for Dofasco Acquisition
Dec. 26, 2005 - Arcelor SA announced last week its intention to make an enhanced all-cash offer to acquire all of the outstanding common shares of Canadian steelmaker Dofasco Inc. at C$63.00 per share.
Dofasco and ThyssenKrupp Announce Mailing of Bid Circular
Dec. 6, 2005 - ThyssenKrupp AG has mailed its bid circular to Dofasco shareholders regarding its offer to acquire all of Dofasco's outstanding common shares in a friendly, all-cash transaction.
Paulson Announces Slate for Algoma Shareholder Meeting
Dec. 2, 2005 - Paulson & Co. Inc., a major shareholder of Algoma Steel Inc., has announced its nominees for the Algoma board of directors. In November, Paulson had requisitioned a special shareholder meeting to replace a majority of current Algoma directors.
Arcelor to Buy Stake in Two Costa Rican Long Carbon Steel Producers
Dec. 1, 2005 - Arcelor's Brazilian unit Arcelor Brasil has signed an agreement to buy a 50% stake of the capital of the Costa Rican companies Laminadora Costarricense SA and Trefileria Colima from Grupo Pujol Marti.
Arcelor Enters Into Strategic Partnership for Erdemir
Dec. 1, 2005 - Arcelor and the Turkish pension fund Ordu Yardimlasma Kurumu (OYAK) have agreed that Arcelor will acquire 41% of Ataer Holding AS, a wholly owned OYAK subsidiary that was founded to acquire a 49.29% equity stake of Eregli Demir ve Celik Fabrikalari AS (Erdemir).
Arcelor Extends Take-Over Bid for Dofasco
Nov. 24, 2005 - Dofasco Inc.’s Board of Directors is reviewing an unsolicited all-cash takeover bid from Arcelor SA for all outstanding Dofasco common shares.
Dofasco and ThyssenKrupp Announce Friendly All-Cash Deal
Nov. 1, 2005 - Dofasco and ThyssenKrupp have reached an agreement for ThyssenKrupp to acquire Dofasco in a friendly, all-cash transaction.
Arcelor to Increase Stake in Brazilian Stainless Steel Producer Acesita
Nov. 1, 2005 - Arcelor recently entered into a definitive agreement with two Brazilian pension funds regarding its acquisition Acesita SA common shares representing 25% of the Brazilian stainless steel producer's voting capital and 8% of its total capital stock.
Arcelor, Baosteel and Nippon Celebrate Opening for Automotive Sheet Facility
Nov. 1, 2005 - Arcelor, Baosteel and Nippon Steel recently celebrated the opening of their automotive steel sheet joint venture, Baosteel-NSC/Arcelor Automotive Steel Sheet Co., Ltd. (BNA) in Shanghai.
AIST Lecturer Encourages PUC Students to Consider Steel Opportunities
Oct. 14, 2005 - Association of Iron and Steel Technology (AIST) 2005 John F. Elliott Lecturer Henri Gaye recently addressed chemistry and engineering students at Purdue University Calumet.
Arcelor Included in Dow Jones Sustainability Index
Oct. 1, 2005 - Arcelor has been included in the Dow Jones Sustainability Index (DJSI) World, one of the most important and recognized global indexes tracking the performances of the leading sustainable development-driven companies worldwide.
Arcelor Inaugurates Medium Section Mill at Belval in Luxembourg
Oct. 1, 2005 - Arcelor recently inaugurated the Belval Medium Sections Mill installed in its Esch-Belval site in Luxembourg.
Arcelor Maintains Focus on Profitable Global Growth
Oct. 1, 2005 - Arcelor participated in the auction for the sale of the 46.12% stake in Turkish steelmaker Eregli Demir ve Çelik Fabrikalari TAS (Erdemir) held by the Turkish Privatisation Administration.
Ugine & ALZ Starts up Carinox Steel Plant
Oct. 1, 2005 - Arcelor’s new Ugine & ALZ Carinox steel plant has produced its first heat.
Arcelor puts Shareholder Value Before Size in KryvorizhStal Auction
Oct. 1, 2005 - Arcelor participated in the auction for the sale of the 93.02% stake in Ukrainian steelmaker KryvorizhStal (KMK) held by the Ukrainian State Property Fund (SPF).
Mittal Steel Acquires 93% Stake in Kryvorizhstal
Oct. 1, 2005 - Mittal Steel Co. NV has agreed to acquire a 93.02% stake in the capital of KryvorizhStal from the State Property Fund of Ukraine following a public auction.
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