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Dofasco Integration With Arcelor-Mittal to Proceed
Dofasco Integration With Arcelor-Mittal to Proceed.
About this update from Playgon Games, Inc.
[{"type":"text","content":"\n\n\n\nHAMILTON, ON, Feb. 20 /CNW/ - Dofasco President and Chief Executive\nOfficer Jacques Chabanier announced today that, now that the US Department of\nJustice has required Arcelor-Mittal to divest its Sparrows Point facility,\nDofasco's integration with Arcelor-Mittal can proceed.\n\n\n\"Proceeding with the integration of Dofasco and Arcelor-Mittal will allow\nDofasco to benefit from being part of a larger North American business and a\nglobal leader. It will improve our competitive position in North America, and\nput Dofasco on a stronger footing in our markets in terms of our ability to\nserve our customers in this era of steel industry consolidation. Dofasco will\nbe more sustainable as part of the world's leading steel company,\" said Mr.\nChabanier.\n\n\nHe continued, \"Dofasco has an exemplary history of leadership in Canada\nand in its host communities, and with the completion of the ownership\ntransition process, Dofasco is best positioned to continue this leadership.\"\n\n\nDofasco is a leading North American steel solutions provider. Product\nlines include hot rolled, cold rolled, galvanized, Extragal(TM), Galvalume(TM)\nand tinplate flat rolled steels, as well as tubular products and laser-welded\nblanks. Dofasco's wide range of steel products is sold to customers in the\nautomotive, construction, energy, manufacturing, pipe and tube, appliance,\npackaging and steel distribution industries.\n\n\n","length":1470,"tagName":"div"}]