This agreement led to another dramatic demonstration of power: a bidding war for Corus between Tata Steel and Brazil's CSN group, which broke out in late 2006.

这份协议导致了另一个场戏剧性的巨头角力：塔塔钢铁和巴西CSN集团对Corus的竞购。 2006年末，CNS在竞购中失利出局。

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In this investment, reported in December by Barron's, Mr. Usmanov used the money to buy shares in a struggling British steel company, Corus Group, according to documents of the deal.

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Corus, part of the Tata Group which also owns Jaguar and Land Rover, has 42, 000 workers around the world and says it will try to achieve the 3, 500 cuts through voluntary redundancies.

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Earlier this month, Corus, an Anglo-Dutch steel group, said it will lay off 6, 000 workers and cut production by one-fifth in Britain, where operations have been ravaged by sterling's strength.

ECONOMIST: The steel industry