Many More Mergers

The US metals industry had record levels of mergers and acquisitions last year, accounting for $77 billion in value, or more than 50% of the world total, according to a recent Price-Waterhouse (New York) report. There were 115 deals in the US, a majority of which were in the steel industry.

There were 411 deals in the metals sector globally last year worth $145 billion, up 67% from the previous year's total ...

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