Steel
Noble, Posco drop $1.24 billion bid for Australia’s Arrium
31 Oct 2012
Arrium had, on 1 October, rejected the consortium's offer of A$75 cents a share that valued the Sydney-based company at $1-billion
JSPL close to acquiring West African iron ore mine for around $2 bn
22 Oct 2012
After terminating a $2.1-billion iron ore development deal in Bolivia this year, Jindal Steel & Power Ltd (JSPL), controlled by billionaire politician Naveen Jindal, is close to acquiring an iron ore mine in West Africa for $2 billion.
ArcelorMittal bids for ThyssenKrupp’s Americas steel business
22 Oct 2012
ArcelorMittal, the world’s largest steelmaker, is among eight bidders in the race for ThyssenKrupp’s unprofitable US and Brazilian plants