Smelting point: in uncertain outlook, a test for world's largest steel mogul

Article Abstract:

The management strategy of British billionaire and steel industry mogul Lakshmi Mittal, and the family-run empire he has built through an aggressive acquisition policy, is discussed. The increased scrutiny of Mittal Steel by the public at large and the company's investors is also examined.

United Kingdom, China, Europe, Acquisitions & mergers, Foreign operations, Management dynamics, Executive changes & profiles, Public affairs, India, Management, Officials and employees, Mergers, acquisitions and divestments, Company acquisition/merger, Family, Public relations, Company business management, Family-owned business enterprises, Family-owned businesses, Company public relations, Family corporations, Capitalists and financiers, Mittal, Lakshmi

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Arcelor to fortify steelmaking might with Turkish deal

Article Abstract:

Arcelor of Luxembourg is to increase it's stake to 41 percent in Ataer Holding A.S. of Turkey, the company that owns Eregli Iron & Steel Works Co. of Turkey. The $1 billion investment boosts the steel giants ranking to be the world's largest steel company.

Luxembourg, Company investment, Investments, Holding companies, Arcelor

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Steelmakers seek new tie-ups that are short of true mergers

Article Abstract:

In an effort to compete against potential rivals, steel companies in Asia are seeking to form parterships. Such alliances include joint ventures and technology-licensing agreements, but do not include mergers.

Joint ventures, Asia, Alliances, partnerships, Company joint venture, Alliances and partnerships

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