We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Nickel and diming

31 October 2012 By Quentin Webb

A 73 pct cut will save $850 mln. This is a small but logical step for the world’s biggest steelmaker, which is trying to avoid a rights issue. The aversion is understandable given the industry is at a nadir – and given the demands a capital hike might place on the Mittal family.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)