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Posco, China Steel to pick up 15% stake in ArcelorMittal arm

Last Updated: Wednesday, January 02, 2013, 10:56

ArcelorMittal Mines Canada (AMMC), the world's largest steel maker's wholly-owned subsidiary, will retain the rest 85 percent stake in the joint venture, ArcelorMittal said in a statement.

Pro-Posco group president resigns

Last Updated: Monday, June 20, 2011, 16:26

Land acquisition for Posco`s mega steel plant in Orissa`s Jagatsinghpur, which was to have resumed on June 17 and remained stalled, was again put off after the president of a pro-project group resigned.