ArcelorMittal (NYSE:MT) To Source Equipment From India and China

  Bangalore, India, Aug 7, 2009 - (ABN Newswire) - ArcelorMittal (NYSE:MT), the world's largest steel producer, is to source more equipment from India and China for its greenfield projects worldwide.ArcelorMittal is increasingly looking at sourcing most of the new equipment for our greenfield plants from India and China. The company is eyeing a 20% cut in equipment cost.  

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