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Hunan Valin Iron Steel

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Mittal Steel buys stake in Chinese firm

Mittal Steel on Friday announced that it had bought a 37.17 stake in Hunan Valin Steel Tube Wire, a subsidiary of Hunan Valin Iron & Steel of China for $314 million. The deal was the first large......

Mittal Steel's first venture in China

Global steel giant Mittal Steel Co has bought its first stake in China's steel industry, purchasing a 37 per cent share of a state-owned steel mill, a news report said on Friday. The government on......

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