Ukrainian Steel: ArcelorMittal Kryviy Rih

Concorde Capital, July 2008, Pages: 26

Located close to capacious Western European, fast growing CIS, Central and Eastern European markets, ArcelorMittal Kryviy Rih can leverage its upstream advantage to continue bolstering its position within the world's largest steel group.

We see ArcelorMi

TABLE OF CONTENTS

1. Stock market
Steels at a glance
KSTL as a defensive play on the bearish Ukrainian market
Share buybacks by ArcelorMittal
AM Kryviy Rih as a dividend play?

2. Juncture for upstream & downstream expansion
New management team brought i

ArcelorMittal, ArcelorMittal Kryviy Rih, Mechel, BLUESCOPE STEEL LTD, ONESTEEL LIMITED, VOEST-ALPINE AG, SALZGITTER AG, THYSSENKRUPP AG, JFE HOLDINGS INC, KOBE STEEL, LTD.,NIPPON STEEL CORP, NISSHIN STEEL CO, SUMITOMO METAL INDS., YAMATO KOGYO CO., ARCEL

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