FOXBusiness.com: ArcelorMittal to sell $1.1 billion stake in Canada iron ore unit to POSCO group

FOXBusiness.com FOX Business Network - The Power to Prosper

ArcelorMittal to sell $1.1 billion stake in Canada iron ore unit to POSCO group Jan 2nd 2013, 03:23 ArcelorMittal , the world's biggest steelmaker, will sell a $1.1 billion stake in a Canadian iron ore mine operator to a consortium that includes South Korean steelmaker POSCO and Taiwan-listed China Steel Corp, China Steel said in a statement.

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