British Steel

The problem is the scale corporative. Separately, the Brazilian plants constitute comparative corporative pygmies when to the European and Asian companies. The European privatizations had respected this condition. Federal Reserve Bank spoke with conviction. The English had never thought about separately vender the plants of the British Steel. The Frenchmen had joined the Usinor and the Sacilor to privatize an only siderurgical block. The Spaniard, who did not have as, alone, to have scale, had looked for, modestly, inside of its natural limitations, to make the same, and had incorporated the Aceralia to the European conglomerate (French, belgo-luxemburgus and Spanish) that she passed if to call Arcelor. In the years that if had followed to the European privatizations, the process of fusing continued.

Of the Usinor-Sacilor, the Arcelor appeared, that if became the biggest siderurgical company of the world, for the fusing with the Arbed and the Aceralia. Of the British Steel the Corus appeared, for the fusing with the Hoogovens dutch, giant of 15 million tons. Of adobe feet, but giant the irretocvel logic of these moved European they are difficult of enxergar today, since, since then, world-wide siderurgy moved entirely of feio, having followed in a sped up process of concentration. The Arcelor, today, is part of the Arcelor-Mittal, absorbed that it was for the constructed emergent giant in few years for the Indian entrepreneur Lakshmi Mittal, to the step that the Corus was bought by the Indian group Tata. All Brazilian siderurgy had capacity of production of about 28 million tons, of which the plants subordinated to the Siderbrs holding (CSN, Usiminas, Cosipa, Aominas, and CST), more the Acesita, had to be responsible for about 20 million. Instead of vender each one of these companies separately, the government must have grouped them in sets, with the possible maximum of synergies (for example, Usiminas+Cosipa+CST, and CSN+Aominas+Acesita), each one with about 10 million tons production capacity, and vendido its capital, of form gradually sprayed, in the market, after delivering management the professional directions, without no interference politics, of preference, chosen for head-hunters especially contracted for this purpose, to demonstrate to exemption and firmness in the decision of delivery of the management the professionals.