Steel titans CSN and Tata begin final battle for Corus
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Tata Steel of India and rival CSN of Brazil battled for control of Anglo-Dutch steelmaker Corus in a takeover auction which pits two emerging economic superpowers against each other for a major chunk of the European steel industry.
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LONDON/MUMBAI  - India's Tata Steel  is set to become the world's fifth-biggest steel maker after winning a dramatic bid battle for Anglo-Dutch group Corus   with a 6.2 billion pound ($12.2 billion) offer.
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Bid target Corus sees a sharp rise in third-quarter profits due to strong demand for steel in Europe.
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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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The world's biggest steelmaker stacks up impressively against the competition.
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Nippon Steel, Japanâs leading steelmaker, has agreed to pay a record price of more than $120 per tonne for coking coal from next spring to Australiaâs BHP Billiton Mitsubishi
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By Christopher Hope, Business Correspondent (Filed: 26/10/2004). Lakshmi Mittal, Britain&#39;s fifth-richest man and a prominent Labour donor, is now the boss of the world&#39;s biggest steel company, after a $21billion
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Tata Steel topped an offer from Brazilâs Companhia SiderÃºrgica Nacional to win a heated auction for its European rival, the Corus Group.
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Steelmaker Corus is ordered to pay nearly Â£300,000 following the death of one of its workers at its Trostre plant.
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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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LONDON (Dow Jones/AP) -- Corus Group PLC, one of the world&#39;s largest makers of steel, Thursday reported a profit for the first time in its five-year history.
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India's Tata Steel  raised its bid for Anglo-Dutch steelmaker Corus  to an agreed 4.7 billion pounds ($9.2 billion) on Sunday as it seeks to head off a potential counterbid from Brazil's CSN .
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Mumbai, Aug. 22: Ratan Tata rousted industry shoguns out of their Sunday siestas with the announcement that Tata Steel would reduce prices by Rs 2,000 per tonne in a decision that takes immediate effect.
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Mittal Steel, the new company to be formed by a merger of British billionaire Lakshmi Mittal&#39;s considerable steel holdings with the International Steel Group, will ship about 57 million tons
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ThyssenKrupp Stahl, Germany's biggest steel maker, is mulling the possibility of a merger with Anglo-Dutch rival Corus.
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Anglo-Dutch steel firm Corus accepts a revised takeover offer from Brazil's CSN, hours after backing a Tata bid.
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Steel firm Corus goes on trial for safety failures after three men died at its Port Talbot works in 2001.