L. Mittal doesn’t plan to sell assets in the Ukraine
Edited by Rhod Mackenzie / 2015-07-13 06:28:32
Arcelor Mittal has denied the information on the sale of its assets in Kazakhstan, the Ukraine and South Africa.
“The conditions of working in these regions are very difficult due to the combination of low economic activity and fall of demand for steel, that in its turn is complicated by a high level of import from China and other countries. The devaluation of the rouble also influences on the competitiveness of Kazakhstan. Due to these factors, Arcelor Mittal now focuses on the implementation of measures directed for the improvement of operational activity of its enterprises”, is reported.
Previously L. Mittal was reported to be likely to sell his assets in Kazakhstan, the Ukraine and South Africa.
