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Congratulate L N Mittal, the Sultan of Steel

The world seems happy at the Mittal Steel-Arcelor merger. Barring a few like Severstal, Arcelor's former Russian suitor, which has said that it will improve its offer to the Luxembourg-based steel giant to thwart Mittal's move.

Meanwhile, various industry associations in India and abroad have expressed delight at the successful Arcelor-Mittal negotiations. Indian industry bodies have said they are proud of L N Mittal's leadership which has set a new benchmark in a globalising world and raised the banner of the power of Indian business.

Do you think Mittal's takeover will boost Indian entrepreneurship? Tell us. Congratulate L N Mittal on the acquisition of Arcelor.


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