Mittal Steel Poland expresses interest in JSW

Friday, 06 January 2006 15:49:47 (GMT+3)   |  

Mittal Steel Poland expresses interest in JSW

Mittal Steel Poland expressed its interest in buying a stake in Jastrzebska Spolka Weglowa (JSW), one of Poland's major coking coal supplier and also a major supplier to Mittal Steel Poland. A spokesman for Mittal Steel indicated that the company would be interested in buying a stake in JSW if an open privatization takes place. As previously reported by SteelOrbis, the Polish government announced plans to prevent Mittal from acquiring a large stake in JSW due to competition concerns.

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