BlueScope - Arrium Merger a Possibility
Further Reading
A merger between Bluescope Steel (ASX:BSL) and Arrium (ASX:ARI) (formerly OneSteel) may be a possibility.
- Arrium has rejected the unsolicited takeover offer by the Asian consortium, led bouth South Korean, Noble Group.
- Talks may be on the table for the two companies.
- BlueScope and Arrium were both spun off BHP Billiton.
- Arrium has three main businesses: steelmaking, iron ore mining, and a producer for grinding media for the mining industry (after acquiring Mol-Corp).
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