TATA has acquired Corus....YEAH!
This is ONE of the BEST moments in Indian biz history.... I am proud of you, Sir.Ratan Tata!
Heres the leaderboard standing after the deal....
TOP TEN GLOBAL STEELMAKERS
Rank - Company Name - Capacity
1 Arcelor-Mittal (Luxembourg) 109.7 MT
2 Nippon Steel (Japan) 32.0 MT
3 Posco (South Korea) 30.5 MT
4 JFE (Japan) 29.9 MT
5 Tata-Corus (India) 23.8 MT
6 Baosteel (China) 22.7 MT
7 US Steel (USA) 19.3 MT
8 Nucor (USA) 18.4 MT
9 Riva (Italy) 17.5 MT
10 ThyssenKrupp (Germany) 16.5 MT
WE WON..... suckers!!!
As one of my close friend says, "EAT SHIT!"... rather "EAT STEEL!" (demonic laugh..)
Read More:
1. Rediff - Full Coverage
2. Reuters
3. BusinessWeek
4. Business Standard
