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| | Bloomberg.com: North American |
 | | Baotou Steel Union is buying 18 units from its parent including an iron-making factory, rolling plants, coking facilities and a specialty steel factory, the statement, which was issued to the stock exchange, said. |
 | | Baotou Iron and Steel Group, the parent, produced 7 million tons of crude steel last year, more than double the listed unit's output. |
 | | Still, the talks on the Baotou Iron and Steel stake purchase haven't made any progress as Arcelor Mittal is also awaiting Chinese government approval to buy a minority stake in China's Laiwu Steel Corp., Sridhar Krishnamoorthy, Mittal's China manager said Sept. 20. |
| www.bloomberg.com /apps/news?pid=20601089&refer=&sid=aKLhpdBYZ0lM (616 words) |
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