Arcelor Purchases 88% Share of Dofasco, Stake in Laiwu

March 2006
Metal Center News;Mar2006, Vol. 46 Issue 3, p48
Trade Publication
The article reports that Arcelor SA has completed the acquisition of 88.4 percent of the shares of the Canadian steelmaker Dofasco Inc. and has also agreed to purchase 38.41 percent shares of Chinese steelmaker Laiwu Steel Corp. According to Roland Junck, senior executive vice president of Arcelor, the partnership with Laiwu gives them an opportunity to contribute to the potential development of China. INSET: Metals Industry Supports Scouts at April 5….


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