World&#39;s largest steelmaker formed
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ROTTERDAM - Dutch-Indian steel group Ispat International announced on Monday that it had agreed to merge with Dutch LNM Holdings and US International Steel Group to form the world&#39;s largest steelmaker, which would be known as Mittal Steel.
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International Steel Group Inc. saved the jobs of thousands of US steelworkers when it was formed two years ago. Analysts say its sale last week to a Dutch steelmaker
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London: NRI business tycoon Lakshmi N Mittal, who is set to control the world&#39;s largest steelmaker, has emerged as the richest man in Britain.
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LAKSHMI MITTAL, the Indian steel tycoon and one of Britainâs richest men, was poised to become head of the worldâs biggest steel company after merging his two businesses
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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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Shares in Africa's biggest steel producer surge to a record high on the back of strong interim profits
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Steel giants Arcelor and Mittal Steel, which are to combine to create by far the biggest world steel group, said their joint net profit was 1.310 billion euros in the second quarter.
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Mittal Steel said it had signed a deal to take a 37 percent stake in one of China's leading steelmakers, giving the group its first production platform in the world's fastest growing steel market.
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Arcelor  said on Friday it  has agreed to buy Russia&#039;s Severstal  to create the  world&#039;s biggest steelmaker, in a move that threatens to block  Mittal Steel&#039;s  bid for the European group.
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The $17.8 billion, three-way deal that Lakshmi N. Mittal, a financier based in London, announced this week would put him at the head of the largest, most geographically diverse steel company in the world.
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LONDON/MUMBAI  - India's Tata Steel  is set to become the world's fifth-biggest steelmaker after winning a battle for Anglo-Dutch steelmaker Corus Group  with a 6.2 billion pounds ($12 billion) offer.
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London - Indian-born billionaire Lakshmi Mittal has agreed to acquire the US&#39;s International Steel Group for about $4.5 billion (R27.
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A Dutch steelmaker led by billionaire Lakshmi Mittal is buying U.S.-based International Steel Group Inc. for about $4.5 billion in cash and stock in a deal that would make it one of the largest steel companies in the world.
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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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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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Tycoon Lakshmi N. Mittalâs $4.5 billion purchase of International Steel Group will create a colossal powerhouse in the world steel industry with the capabilities of producing 70 million tons of steel annually.
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ESSEN, Germany  - Germany's largest steelmaker, ThyssenKrupp , will go through with the 2.3 billion euro ($3.04 billion) construction of a downstream steel mill in the United States irrespective of whether it can acquire Canada's Dofasco.