Archive for July 6th, 2006
Stock consolidation in the Steel industry
In the wake of the successful Mittal “takeover” Arcelor we have seen a recent flurry of major steel manufacturers consolidating their own stockholdings. Thyssenkrupp, Nippon and now Tata steels have increased or are about to increase the shares they hold in their companies. This will presumably make them less vulnerable as targets for other steel companies [...]
Posted: July 6th, 2006 under Steel Comment.
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