ArcelorMittal plans steel plant in Iraq
Economical investment strengthen stability
so this is good news.
Source AFP:
The world's biggest steel maker ArcelorMittal said Tuesday it plans to build a 130-million-dollar steel plant in Kurdish northern Iraq in partnership with the Turkish company Dayen.
ArcelorMittal "signed a memorandum of understanding to establish a joint venture with Turkish partner Dayen to build a steel mini-mill with electric furnace in Sulaimaniyah," a city in the Kurdish-administered northern region.
http://news.yahoo.com/s/afp/20100316/wl_mideast_afp/franceiraqsteelindustrycompanymittal_20100316094358 
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