the takeover bid of The Tata’s, for CORUS was a Deepawali Gift for India. This is going to be the biggest acquisition by any Indian Company so far.Tata presently ranking in 56th position inproduction of steel will suddenly jump to 5th position, with an accumulated production capacity of 23 milion tonnes.
Tatas are eyeing to aechieve 40 million tonnes by the end of 2010 and this is a big leap forward.
This period seems to be the Golden Period of steel industry and there is lot more to aechieve for the Indian Companies with the economy growing at a steady pace of 9% per year.
Tags: blue tempered steel strips, carbon steel strip, carbon steel strips, cold rolled steel strip, cold rolled steel strips, crca steel strip, crca steel strips, hardened tempered steel strip, hardened tempered steel strips, rolling hard steel strip, sorbitic hardened, spring steel strip, spring steel strips, steel strip, steel strips, textured steel strips