OREANDA-NEWS. July 22, 2010. ArcelorMittal, the world’s largest steel producer, has acquired the OJSC “Berislav Construction Materials Plant”, located in the Kherson region of Ukraine. The acquisition will ensure a more sustainable supply of limestone to ArcelorMittal’s Ukrainian subsidiary, OJSC “ArcelorMittal Kryviy Rih”.

Arnaud Poupart-Lafarge, Executive Vice-President, ArcelorMittal, commented: “This deal will increase ArcelorMittal Kryviy Rih’s self sufficiency in limestone supplies, providing nearly a quarter of the total requirement and providing greater protection against price fluctuations. We will, however, continue to work with our current suppliers as our requirements for different types of limestone cannot be met solely by the newly acquired facility”.

ArcelorMittal intends to fulfill all existing contracts at the new facility whilst also renewing production of limestone, increasing production quality, improving efficiency and increasing the focus on health and safety and environmental protection measures.