日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

China may have world's biggest steelmaker
(Bloomberg.com)
Updated: 2005-10-03 14:26

Hunan Valin

This hasn't stopped Mittal completing the purchase of a 37 percent stake in China's Hunan Valin Steel Tube & Wire Ltd., its first step into the Asian nation, for $338 million.

``This gives us a new platform to further grow in China,'' said Lakshmi Mittal yesterday ``Progressively they will allow foreigners to participate in a larger way than we are today.''

Arcelor, meanwhile, may buy a majority stake in China's Laiwu Steel Corp., China's second-largest maker of beams used in construction. Chief Executive Guy Dolle says negotiations with regional authorities and central government may take months.

``China will be the most important steel market in the next decade,'' said Dolle in the interview yesterday. ``It's important to us as a world leader to be active in China.''

Close

Typhoon Longwang hits Taiwan National Day "Golden Week" holiday On eve of the National Day

Today's Top News     Top China News
Typhoon Longwang triggers landslide, 59 missing         34 killed in Henan pit explosion         Suicide bombers blamed for carnage on Bali         Two Australians win Nobel Prize in medicine         Wen visits rural residents on National Day         China may have world's biggest steelmaker	Typhoon Longwang triggers landslide, 59 missing       34 killed in Henan pit explosion       'Beauty contests' reflect rising enthusiasm for pets       Sites overflowing with holiday visitors       Typhoon Longwang kills three, weakens later       Gas explosion kills 34 miners in Henan