Indian-origin steel magnate Lakshmi Mittal has joined the board of

Lond

London, May 5: ArcelorMittal, the world’s biggest steel producer, is keen to have a 25 percent stake in China’s second largest steel firm, Angang Steel, in an effort to extend its presence in that country.

Lakshmi Mittal, the main owner of ArcelorMittal, is said to have made this proposal to Zhang Xiaogang, Angang’s chairman, in a private meeting just over two months ago.

London, Apr.

London, Feb.29: Indian-born steel magnate Lakshmi Mittal will sell his 40 million pound house in London's "Billionaires' Row" after Barratt Homes was granted permission to build flats next door.