Tata Steel move is a significant shift
The acquisition of Tata Steel and Corus brings a number of benefits to both players
Last month’s acquisition of Tata Steel marks another step in the consolidation of the steel industry, and another big global step by an Indian auto industry supplier. The new group brings an interesting combination of capabilities to the industry. While Corus is known to be a high technology company, Tata Steel is one of the world’s lowest cost manufacturers of steel.
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