For 610 million dollars: voestalpine sells plant in Texas to ArcelorMittal

The deal is done: After it became known on Sunday that the Austria-based, world’s largest steel group voestalpine was negotiating with the European steel travel company ArcelorMittal about the partial sale of its plant in Texas, the two companies have now come to an agreement. ArcelorMittal receives 80 percent of the shares for 610 million US dollars – voestalpine keeps 20 percent.