Article: ArcelorMittal to acquire Bayou Steel, Astalloy.(Business News)

ArcelorMittal has signed an agreement to acquire Bayou Steel, a producer of structural steel products for $475 million. Bayou Steel operates facilities in LaPlace, La., and Harriman, Tenn., producing billets, equal leg angles, unequal leg angles, flats, channels, standard beams and wide flange beams at its Louisiana facility and merchant-bar shapes at its Tennessee rolling ...

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