Swedish pension funds may exclude global steel giant after high death toll in coal mine
A serious mining accident in Kazakhstan has made the AP7 default fund and pension firm Skandia question safety measures taken by steel and mining company ArcelorMittal.
by KIM WIESENER
Up to 70 miners in Kazakhstan have died during the past two years in coal mines owned by a subsidiary of ArcelorMittal. The high death toll may make a couple of Swedish pension investors in the multinational steel and mining giant reconsider their investments.
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