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ArcelorMittal continues to sell shares in Erdemir

15 Mar 2023 16:23 reported by Joy Liu

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ArcelorMittal, the world’s leading steelmaker based in Luxembourg, again sold its stake in Erdemir on March 8, with a total nominal value of TRY 6.8 million. The current share in hand was reduced to 4.88%, totaling 170.7 million shares.

The company sold around 2% shares in Erdemir at the beginning of January. It held 12.8% of Erdemir's shares before the transaction.

On March 8, Erdemir shares were closed at TRY 43.02.

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