ASTANA, Dec 8 (Reuters) - Steelmaker ArcelorMittal (MT.LU) has sold its Kazakh assets - the Temirtau steel mill and the Aktau pipe plant - for $286 million to a Kazakh state-owned fund, Kazakhstan's industry ministry said on Friday.

At the same time, industry minister Kanat Sharlapayev said the government has agreed with local car tycoon Andrei Lavrentyev that he would take over the steel mill.

https://www.reuters.com/markets/commodities/kazakhstan-says-close-taking-over-arcelormittal-unit-2023-10-31/