I ever asked myself too many times,if the girl your lovest is me, now i don't want to know.if one day i can't endures to ask you again, you must cheat me,even the girl is not me. Your position:Home->china business-> Baotou-Mittal Talks End in Stalemate Baotou Iron and Steel Group has ended talks with Arcelor Mittal about selling a stake to the world's largest steelmaker, Baotou Chairman Lin Donglu said yesterday. "We are not talking about any actual cooperation anymore," Lin told reporters. "Because Arcelor Mittal wants to take a stake of 50 percent or so in the venture, we failed to negotiate a deal," Lin said, adding the company is now looking at local partners, such as Shanghai-based Baosteel. Baotou Steel is also mulling over a listing plan in Arcelor Mittal is showing growing interest in Arcelor Mittal, which holds a 29.5 percent stake in Hunan Valin, will take 49.3 percent of the 520 million new shares on offer, boosting its holding to 33.3 percent, according to Bloomberg. Hunan Valin will use the 2.3 billion yuan raised from the share sale for growth, the company said yesterday. Shares of Hunan Valin, which last closed at 5.54 yuan in Shenzhen on January 31, have been priced at 4.47 yuan. Hunan Valin made a profit of 547.2 million yuan in 2005 and expects its 2006 profit to rise by 50 to 100 percent as the company shifts to higher-grade production and lowers its costs. (
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