Archive for February 6th, 2006
North American Steel snippets
In the midst of the Mittal takeover bid, I am sure that Arcelor would not be pleased to see that the subject of their own takeover bid, the Canadian Steel Producer Dofasco has reported a 71% drop in profits.
In view of falling steel prices this is hardly a shock, I suspect this is the only [...]
Posted: February 6th, 2006 under Steel.
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Coq au Vin or Chicken Madras?
The furore over the Mittal bid for Arcelor seems to be settling down, with fewer aggressive statements from the French C.E.O. appearing in press reports.
That is not to say that there has been any reduction in activity. Guy Dolle met with Akio Mimura of Nippon last week amidst speculation that Arcelor were seeking an ally in [...]
Posted: February 6th, 2006 under Steel.
Comments: none