Tata Steel rated world''s best steel company
23 June 2005
New Delhi: Tata Steel has been declared the best steel company in the world in a ranking released in New York by the World Steel Dynamics, a leading steel information service provider.
Based on a set of 20 criteria, ranging from cash operating costs to stock market performance of the last three years, World Steel Dynamics ranked Tata Steel as the best of the 23 world-class steel makers.
South Korean giant Posco, which is gearing up to set up a plant in Orissa, was ranked second, followed by Russian giant Severstal.
Tata Steel is looking at acquiring some more steel companies in South-east Asia and China, after having acquired Singapore's Natsteel.
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