How will the merger of Mittal & Arcelor affect small steel manufactureres?

Answer 1

I foresee no major change in the existing position of small steel manufacturers , particularly in India, in the coming 5 years, in the wake of Mittal Arcelor merger. These small manufacturers are likely to gain marginally in the firming of steel prices due to this merger in the time to come.

Operational efficiencies would be the key to success for these units.

Answer 2

yes