Lakshmi Mittal tightens grip on Arcelor Mittal steel group

It isn’t clear to me what, if any significance, this will have for customers of the worlds largest steel company. But there’s an old expression, if the elephant sneezes, the mouse catches a cold.

Yahoo! News
Lakshmi Mittal has been named chief executive officer of the steel giant Arcelor Mittal, putting him clearly in control but calling into question what was termed a merger of equals when the group was created four months ago.

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