TITLE

Arcelor Mittal Finalizes Acquisition of Sicarsta

PUB. DATE
May 2007
SOURCE
Metal Center News;May2007, Vol. 47 Issue 6, p49
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the acquisition of Arcelor Mitall company of Mexican producer Sicartsa company from Grupo Villacero. Sicartsa is a fully integrated producer of long steel, with an annual capacity of 2.7 million tons. According to reports, Arcelor Mittal has also entered into a 50/50 commercial joint venture with Grupo Villacerco, active in the distribution and trading of Arcelor Mittal long products in Mexico and on the south-western U.S.
ACCESSION #
25229737

 

Related Articles

  • Arcelor Mittal Acquires Mexican Mill Sicartsa.  // Metal Center News;Jan2007, Vol. 47 Issue 1, p48 

    The article reports on the acquisition of Sicartsa, a steel producer from Grupo Villacero in Mexico by Arcelor Mittal, the world's largest steelmaker. As a fully integrated producer of long steel, Sicartsa produces an annual production capacity of 2.7 million tons from Mexico and Texas. This has...

  • Arcelor Mittal acquires Mexico's Sicartsa.  // Wire Journal International;Feb2007, Vol. 40 Issue 2, p12 

    The article reports that steel producer Arcelor Mittal has purchased Sicartsa, a Mexican integrated steel producer, from its parent company, Grupo Villacero, for around $1.44 billion. According to Mittal officials, the deal with Sicartsa furthers the direction towards more consolidation in the...

  • Steel buy.  // International Construction;Jan/Feb2007, Vol. 46 Issue 1, p15 

    The article reports on the growth of Arcelor Mittal, the world's largest steelmaker in Mexico. The company will expand its Mexican operations with the purchase of steel producer Sicartsa from Grupo Villacero. Sicartsa has an annual production capacity of about 2.7 million tonnes from its...

  • MEXICO.  // Latin Trade (English);Mar2007, Vol. 15 Issue 3, p10 

    The article offers news briefs on businesses in Mexico. Arcelor Mittal has expressed intentions to buy Sicartsa, a Mexican steel producer, from Grupo Villacero for US$1.44 billion. Ica Fluor has signed a US$90 million contract to build an offshore housing facility for Pemex, Mexico's state-owned...

  • BRIEFS.  // Advanced Materials & Processes;Mar2007, Vol. 165 Issue 3, p19 

    The article presents several news brief related to materials technology. Kushan Aluminum Producers Co. Ltd., a joint venture between Alcoa and Yencheng Engraving, has officially opened in China. Arcelor Mittal has acquired Sicartsa, a Mexican integrated steel producer, from Grupo Villacera....

  • 'Reasonable Marriage' of Mittal, Arcelor Gives Birth to Steel Giant.  // Metal Center News;Jul2006, Vol. 46 Issue 8, p44 

    The article focuses on the merger of steel companies Mittal Steel and Arcelor, resulting to the world's largest steel company called Arcelor-Mittal. The terms of the revised offer of Mittal are discussed. An area where no agreement has been reached by the two companies is the future of Canadian...

  • STEEL MAKERS PLAN MERGER TO HEAD OFF MITTAL THREAT. Iskyan, Kim // Global Finance;Jul2006, Vol. 20 Issue 7, p8 

    The article reports on the merger of steel maker Arcelor with Russia's Severstal. The transaction would create a world's largest steel maker and would place Severstal head Alexey Mordashov on top of the global steel industry, as well as would lessen the chances of a Mittal takeover. As part of...

  • STEEL LEADER.  // U.S. Business Review;Dec2008/Jan2009, Vol. 9 Issue 9, p52 

    The article offers information on ArcelorMittal, a steel supplier in Luxembourg. It supplies steel to more than 20 countries and employs more than 310,000 people worldwide. Markets supplied by the company include automotive, construction, household appliances and packaging. Key factor to its...

  • Esmark Negotiating Weirton Purchase from Arcelor Mittal.  // Metal Producing & Processing;Jan/Feb2007, Vol. 45 Issue 1, p4 

    The article reports that steel processor, Esmark Inc. has agreed to acquire the operating assets of Arcelor Mittal's plant in Weirton, West Virginia. The deal covers the Arcelor's hot rolling, cold rolling and strip coating facilities. Esmark Chairman James Bouchard comments on the opportunities...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics