India's steel industry steps onto world stage
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Tata Group's new status as the world's fifth-largest steel firm signals a milestone for the Indian economy.
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Arcelor Mittal, the biggest steel group in the world, said it had agreed to revise an accord giving it access to major resources of iron ore in Liberia, in particular by increasing its investment.
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Steel Technologies continues to grow on the back of a cyclical boom.
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LONDON: Head of the world&#39;s largest steel company Lakshmi Mittal is keen to have his firm&#39;s presence in India and China as his ultimate objective is to supply to global customers.
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Close on the heels of acquiring 37 per cent share in a leading Chinese steel firm, Mittal Steel Company headed by NRI steel tycoon Lakshmi Mittal plans to acquire three more steel plants in Eastern Europe and ...
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Increased Chinese steel exports give the industry indigestion.
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RIO DE JANEIRO (Dow Jones)--After jumping 9% in 2003 and 19% in 2004, iron ore prices appear likely to rise another 20% or more in 2005 as the world&#39;s biggest steelmakers
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Remnants of Bethlehem Steel will live on under foreign ownership in a $4.5 billion deal announced Monday. A privately owned Dutch steelmaker led by billionaire Lakshmi Mittal is acquiring International Steel
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Steel companies are feeling the pressure to be big or consolidate after the merger of the worldÂs largest and second-largest steel producers.
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America&#39;s biggest steel maker, International Steel Group, agreed to a $4.5 billion buyout bid from a Dutch concern in a multipart transaction that will create the world&#39;s largest steel company.
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India's Tata Steel is set to become the  world's fifth-biggest steelmaker after winning a bid battle for  Anglo-Dutch steelmaker Corus Group by agreeing to pay 5.75  billion pounds ($11.3 billion).
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The steelmaker isn't having a blast, but it is buttressed against adversity.
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Australia's largest steelmaker BlueScope is to build three manufacturing plants in India, as part of an ongoing expansion across Asia.
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[World News]: New York, Oct 25 : Global steel major Ispat International Monday announced it was acquiring LNM Holdings of the Netherlands to become the world&#39;s largest steel producer.
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Key developments this quarter all point to tighter integration at the steelmaker.
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AMSTERDAM/NEW YORK  - Steel magnate Lakshmi Mittal  on Monday agreed to buy International Steel Group Inc. ISG.N  for $4.5 billion and merge it with his other assets, creating  the industry's largest player at a time when steel prices are  soaring.
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LONDON: NRI business tycoon Lakshmi N Mittal-owned Ispat International on Monday became the world&#39;s largest steelmaker with a new American acquisition that enables the newly-named Mittal Steel Company straddle four continents and 14 countries.