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TATA LANDS AMONG WORLD'S TOP TEN STEELMAKERS.

AsiaPulse News

| February 01, 2007 | COPYRIGHT 2007 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

NEW DELHI, Feb 1 Asia Pulse - Tata Steel's successful takeover of Corus Group Plc - Europe's second-largest and the world's eight-largest steelmaker - has catapulted it to fifth position among world's top steel producers.

From a mere 5.6 million tonnes, the Corus acquisition will multiply Tata Steel's total production capacity to 23.8 million tonnes.

The deal also leaves domestic major SAIL far behind as the state-run company has a capacity of only 13.4 MT and is ranked 16th in the world.

...

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Source: HighBeam Research, TATA LANDS AMONG WORLD'S TOP TEN STEELMAKERS.

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