Bellwether Report.com is Observing Mittal Steel Company NV.

0 Comments | M2 Presswire, September, 2006

M2 PRESSWIRE-29 September 2006-bellwetherreport.com: Bellwether Report.com is Observing Mittal Steel Company NV(C)1994-2006 M2 COMMUNICATIONS LTD RDATE:29092006 The Bellwether Report Takes Notice of Mittal Steel Company NV (Nyse:MT) Many metal makers lack the mettle of Mittal Steel. Mittal was forged in 2004 when publicly traded Ispat International (of which the Mittal family owned 70) purchased LNM Holdings (wholly owned by the Mittals) for $13.3 billion.

When the dust settled, the combined entity stood as the largest steel company in the world, with annual steel production of 50 million tons. The company manufactures flat rolled and long steel products using direct-reduced iron, which is cheaper than using iron ore or scrap iron. Customers include Ford...

Read the rest of this article with a Free Trial at HighBeam Research.
Premium Content Partnership | HighBeam Research provides an in-depth online archive library of reference works. HighBeam Research
 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:
  1. You are currently: a Guest |
  4.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)