Reuters - ArcelorMittal to Sell Canada Iron Ore Stake
Global steelmaker ArcelorMittal is to sell a $1.1 billion (673 million pounds) stake in a Canadian iron ore mine operator to a consortium that includes South Korean steelmaker POSCO and Taiwan-listed China Steel Corp, writes Reuters. ArcelorMittal formed in 2006 when India-born Lakshmi Mittal's steel business bought European peer Arcelor for $33 billion.





