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        <hl1 id="Headline" class="1" style="Headline" MainHead="true">
          <lang class="3" style="Headline" font="Patrika18" fontStyle="Bold" size="15">Mittal eyeing acquisitions in China
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          <lang class="3" style="Byline" font="Patrika18" fontStyle="Bold" size="15">Afp, Brussels
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        <lang class="3" style=".Bodylaser" font="Patrika15 Ultra" fontStyle="Bold" size="130">Steelmaking giant Mittal Steel, which is in the midst of hostile takeover for rival Arcelor, plans on making "several acquisitions" in China, an executive for group said in an interview published Thursday.
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        <lang class="3" style=".Bodylaser" font="Patrika15 Ultra" fontStyle="Bold" size="130">Mittal Steel's head for Europe, Roeland Baan, told Belgian newspaper L'Echo that although with Arcelor the combined group would have annual production of 110 million tonnes, the company aimed to reach 140 million tonnes annually.</lang>
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        <lang class="3" style=".Bodylaser" font="Patrika15 Ultra" fontStyle="Bold" size="130">"We have a project in India to increase our production by 10 million (tonnes). Arcelor also has growth plans. The focus will also be on China. So we can expect several acquisitions in that country," he said.</lang>
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        <lang class="3" style=".Bodylaser" font="Patrika15 Ultra" fontStyle="Bold" size="130">Arcelor announced plans in February to buy a 38.41-percent stake in Chinese steelmaker Laiwu for 218 million euros (275 million dollars).</lang>
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        <lang class="3" style=".Bodylaser" font="Patrika15 Ultra" fontStyle="Bold" size="130">In September, Mittal bought a 36.67-percent state in Hunan Valin Steel Tube and Wire for 338 million dollars (268 million euros).</lang>
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        <lang class="3" style=".Bodylaser" font="Patrika15 Ultra" fontStyle="Bold" size="130">At the end of January, Mittal launched a 18.6-billion-euro cash and share offer for Arcelor, which has fiercely fought the bid.</lang>
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