Thursday, May 11, 2006
Arcelor sues Mittal over car steel
This might effect prices if you use this specific type of steel ... we don't so I don't know much about it.
But you have to wonder about the timing ... despite the denials.
CNN.com
Arcelor is accusing Mittal of infringing its intellectual property rights to Usibor, a highly resistant coated steel used in the automotive industry.
Arcelor said Thursday it had filed a lawsuit in the United States against Mittal Steel for copying a type of steel for the auto industry.
Arcelor spokesman Jean Lasar said the suit was not connected to Arcelor's efforts to fend off Mittal's takeover bid, which the company has rebuffed.
But you have to wonder about the timing ... despite the denials.
CNN.com
Arcelor is accusing Mittal of infringing its intellectual property rights to Usibor, a highly resistant coated steel used in the automotive industry.
Arcelor said Thursday it had filed a lawsuit in the United States against Mittal Steel for copying a type of steel for the auto industry.
Arcelor spokesman Jean Lasar said the suit was not connected to Arcelor's efforts to fend off Mittal's takeover bid, which the company has rebuffed.