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Why Is ArcelorMittal Selling Off Its Stake In Gallatin Steel Company?

2014-09-29 15:59:47| Steel - Topix.net

ArcelorMittal has announced its decision to sell its 50% interest in the Gallatin Steel Company, worth $770 million, to Nucor Corporation. ArcelorMittal , which owns a 50% interest in the Gallatin Steel Company, has decided to sell its share to Nucor Corporation for a value of $770 million .

Tags: company selling steel stake

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