Tuesday, February 25, 2014

SEVERSTAL BECAME INTERESTED IN THE PLANT IN A STOPPED LORRAINE

Severstal became interested in the plant in a stopped LORRAINE

The third-largest Russian steel producer Severstal `Company`, is negotiating to buy a steel plant ArcelorMittal, is located in the canton of Floranzh in Lorraine. About this newspaper Les Echo wrote, citing unnamed sources. Official confirmation of this information yet.

The newspaper said the talks began two weeks ago, and `` Severstal has sent a representative to the company. Newspaper sources claim that the French asset ArcelorMittal is claimed by the two companies, but their names were not disclosed.

Plant in Florange, employing more than 500 people, was closed ArcelorMittal closed in early October. At that time, the corporation announced that he intends to find a buyer for the asset in the next two months.

At the end of this year, several major global steel corporations complained about the decline in demand for their products. In particular, in late September, China Baoshan Iron Steel (Baosteel) has suspended production at its factory in Shanghai.

`` Severstal is one of the world#39;s largest steel and mining companies. She has assets in Russia and Ukraine, as well as in the United States, Latvia, Poland, Italy, Liberia and Brazil. In 2006, Severstal `` pretended to buy Arcelor, but the latter eventually agreed to merge with Mittal Steel, formed ArcelorMittal.