Mittal Steel to hunt for acquisitions

Mittal Steel’s hunt for acquisitions will shift to China and India once the company has pulled off its planned USD 22.1 billion takeover of Arcelor citing CFO Mr Aditya Mittal. Mr A Mittal said the world’s biggest steel maker would have enough assets in Europe and North America once it completes the takeover. The merger would create a steel company 3 1/2 times as big as its nearest rival.

Previous articleStainless steel FRL units
Next articleNew vacuum arc remelt furnace
Stainless Steel World Publisher
Stainless Steel World is part of The KCI Media Group, a group of companies focused on building and sustaining global communities in the flow control industries. We publish news on a daily basis and connect business-to-business professionals through our online communities, publications, conferences and exhibitions.