Steel Industry

As the Indian steel industry starts feeling the consolidation heat, many small and medium-sized players will view it as an opportunity to exit. But in the era where thespians like Mittal, Nippon and Posco are engaged in nasty bidding wars, do players like Tata and Jindal stand a chance? Surely, they do, but for that these domestic players will have to dive into the very dirt-pool that they’ve been loathe to touch, namely, M&As. Else, they run the risk of being sidelined by the global steel sharks...

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Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006


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