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August 22, 2008


EU sets inquiry deadline for ArcelorMittal acquisition of OFZ

According to the European Commission the deadline for its inquiry into steel manufacturer ArcelorMittal's proposed acquisition of Slovak ferroalloy and cored wire maker OFZ is set for February 25th 2008.

OFZ has been a supplier to ArcelorMittal's eastern European steel mills which are near its 150,000 tonne plant in the north of Slovakia. It produced 141,000 tonnes of ferroalloys in 2006.