[lbo-talk] Russian billionaires bet big on U.S. steel market

uvj at vsnl.com uvj at vsnl.com
Wed Apr 9 07:49:30 PDT 2008


Reuters.com

Russian billionaires bet big on U.S. steel market http://www.reuters.com/article/ousivMolt/idUSL0746834220080407?sp=true

Mon Apr 7, 2008

By Robin Paxton - Analysis

MOSCOW (Reuters) - Russia's steel elite, with cash to burn from record profits, has accumulated almost 10 percent of U.S. steelmaking capacity as it bets big that demand in the world's largest economy will ride out a global credit crunch. http://www.reuters.com/article/ousivMolt/idUSL0746834220080407?sp=true



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