Take over

Jan 27, 2006 17:01

Mittal now has his eyes set on Arcelor. Arcelor is the biggest steel co in terms of revenue. This man is going to monopolize steel. The scary thing is once he does it , he controls steel prices. Not long before he would surpass Sir William.

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Comments 2

ragh_dr January 28 2006, 06:15:57 UTC
I was under the impression that Mittal has already acquired all major steel companies and has a monopoly now itself...

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zoombiee January 28 2006, 10:23:16 UTC
Nopes , Arcelor has a major pie in Automative steel , which is the most profitable of all steel that is sold.

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