An Indian buys Krivoirosthal ! - Russia.com Discussion Forum

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An Indian buys Krivoirosthal !

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25th October 2005, 18:50

Velu

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Join Date: Feb 2004

Posts: 222

An Indian buys Krivoirosthal !

An Indian steel tycoon L.N.Mittal has beat European Arcelor conglomerate to buy the large
4 million ton steel plant in Ukraine, Krivoirovstal, for , 4.8 billion US $.

He owns steel plants in 6 countries including Mexico,Canada, USA, Germany,Russia.

I was interested in the news since I had visited the plant when I was in USSR as an engineer.

Who said India is not progressive in industry?

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