Tuesday, December 04, 2007

ArcelorMittal buys UK steel distributor NSD

ArcelorMittal has acquired NSD Limited, a leading steel distribution company specialising in sales of heavy sections and tubes based in Scunthorpe, North Lincolnshire, UK, in order to increase its commercial presence in the UK market. With 130 000 tpy of sales (100 000 tpy of heavy section + 30 000 tpy of tubes) and 89 M€ (£60 m) of turnover, NSD will form the basis of the drive to gain a significant market share for ArcelorMittal Distribution in the UK.

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