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Arcelor Mittal clears regulatory hurdle for Russian purchases
Journal Staff Report

MOSCOW, March 28 - Arcelor Mittal has now obtained all the necessary regulatory approvals to buy Russia-based coal assets.

Ukraine's Anti-monopoly Committee said it had cleared the world No. 1 steel company's subsidiary Mittal Steel Holdings AG to acquire more than 50% of the shares in the Berezovskaya and Pervomaiskaya mines, both of which produce coking coal in the Kemerovo region; in the Severnaya coal enrichment plant, which is attached to the Berezovskaya mine; in three ancillary transport, maintenance, repair and energy supply enterprises; and Anzherskaya mine.




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