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Arcelor Mittal buys major stake in Chinese steel wire business for US$26.6 million
http://www.iht.com/articles/ap/2007/10/15/...ittal-China.php

ArcelorMittal, the world's largest steel maker, said Monday it bought 90 percent of Chinese steel wire company Rongcheng Chengshan Steelcord for US$26.6 million (€18.8 million).