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Opinion on Mittal Steel Company NV N Y Registry (MT) Sector: Basic Materials > Industry: Iron & Steel
MT Enhancing Distribution in Middle East

Jun 30, 2008 11:38 PM GMT

Gloria Ford

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Today, Arceclor Mittal, a company with more than 300,000 employees in 60 countries announced plans to enhance its distribution in the Middle East. http://www.marketwatch.com/news/story/mondays-biggest-gaining... A Market Watch report stated that "ArcelorMittal,

(MT) the world's largest steelmaker, said it would buy 60% of a new Dubai company, which in turn plans to acquire the main business of a steel distributor in the United Arab Emirates, Dubai Steel Trading Co."

MT: This call was made on 06/30/08 @ $94.77

Rating:	$94.77 (06/30/08)
Gain/Loss:	-61.49% in 498 days

Comments (1)

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allstarinvestor

85%

1 point commented 485 days ago reply

this may not have an immediate impact but given MT presence in the area I think long term this gives them a very strong position and competitive advantage in the industry, the world is flat

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Opinion on Mittal Steel Company NV N Y Registry (MT) Sector: Basic Materials > Industry: Iron & Steel MT Enhancing Distribution in Middle East

Opinion on Mittal Steel Company NV N Y Registry (MT) Sector: Basic Materials > Industry: Iron & Steel
MT Enhancing Distribution in Middle East