Monday, March 26, 2007

S.Africa's Mittal to unveil $83 mln kilns investment

(Reuters) - South Africa's Mittal Steel, a unit of the world's top steel group, said on Monday it would announce a 600 million rand kilns project at its main Vanderbijlpark plant on Thursday.

Mittal SA, which is 52 percent owned by Arcelor Mittal, has already said it plans to spend 9 billion rand in a capital expenditure programme over a number of years, and the 600 million was part of that amount.


Read more at Reuters Africa

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