The Indian company TATA STEEL (annual turnover $17 bn with a production of 7 million tonnes of steel) is planning a takeover of the Anglo-Dutch CORUS group, the eighth biggest steel producer in the world worth €6.2 bn on the stock exchange. By buying TATA STEEL it would be propelled from 56th to 6th biggest producer in the world with production of 22.6 million tonnes of steel in 2005. According to the Indian economic press, TATA STEEL is already in advanced negotiations and has made CORUS...