The world biggest steel company seeks to self-provide with coking coal.
ArcelorMittal has performed due diligence on Yuzhkuzbassugol’s Yerunakovskaya 8 and Yubileynaya mines.
ArcelorMittal also received a proposition to establish a joint-venture producing coal at Donetskstal’s Karagaylinskaya mine, Bloomberg quotes Ivan Shemyakin (ArcelorMittal representative).
Severnyy Kuzbass (ArcelorMittal’s subsidiary in Kemerovo) and Evraz failed to issue comments.