Nickname: Vivek Thontadarya

Review: Global consolidation is the key to success of any industry. Whether it is through Mittal or Severstal, Arcelor should merge to help consolidation of the fragmented steel industry. But it looks like Guy Dolle is contradicting his own words everytime. His intensions seem to be save his job, rather than safeguarding either shareholders' or employees' interests. The Mittal offer is very transparent and good for employees, as well as for shareholders. No job losses apart from dodgy Guy Dolle's!

Date reviewed: Jun 3, 2006 3:49 PM

Nickname: B Pauly

Review: If Mittal's money is "monkey money," as Guy Dolle described it, the Russian assets are no better, if not much worse. It remains to be seen if Arcelor's self-interested board wants to deflect a good business proposition in favour of giving up long term control of their company to an unpredictable Russian whose assets don't command the valuation.

Date reviewed: Jun 2, 2006 6:08 AM

Nickname: Mani

Review: The decision made by Arcelor management may be good for them and their pensions, but not for their shareholders. Kremlin will have the final say on what Mordachov does. Time will tell.

Date reviewed: May 30, 2006 2:58 PM

Nickname: marilo

Review: The problem with the Arcelor and Seversthal agreement is that in future--more or less in five years--when the Severstal owner can make his own decisions, he will not take into account Arcelor guidelines and where will he manage the company to? I think that this European company will become just a Russian company.

Date reviewed: May 30, 2006 7:02 AM

Nickname: sam

Review: At the end of the day it's business--a better deal offered is a better deal taken. The world is getting flatter and times are changing, hence protectionsm in any form should make way for progress.

Date reviewed: May 28, 2006 1:43 PM