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Steel barons battle for India’s ore

Clipped to the Drawing Board by David Singh  

 Big dollars,  Big projects,  Big profits or losses - Steel is the basic engineering and construction material

LAKSHMI MITTAL and Ratan Tata have a lot in common. They both come from Indian steelmaking families and both transformed the fortunes of their empires.

 

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Jonno (92) Senior board member | 2007-10-26 06:24:44
It has been around since the dawn of the Industrial revolution and steel is still the big one - a basic commodity in just about everything we need - so who controls the steel has a lot of power and that fact is not lost on these guys - interestingly enough, the West seems quite happy to let this commodity go to the developing countries - it might be a bit dirty and a challenge - but I think that it is too important to walk away from -
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Powered by JoomlaCommentCopyright (C) 2006 Frantisek Hliva. All rights reserved.Homepage: http://cavo.co.nr/

Friday 26 October, 2007 05:06 AM
 
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