Iift 2015 Question 91

Option A is false as given in the passage " And to its long-suffering shareholders, starved of decent dividends, Arcelor was at last moving in the right direction, after the blood, sweat and tears of shifting from public to private sector." We can infer that Arcelor had not delivered good returns.
Option B is correct as throughout the latter half it is mentioned that Mittal and Arcelor were the only competitors in the market.
Option C is false as in the second paragraph it is given "By the beginning of 2005, the world steel industry was on a high, after decades of moving from apocalypse to break-even and then back to apocalypse. "
Option D cannot be inferred as "Over-capacity and low steel prices continued to play havoc through the 1970s and 1980s and politicians began to lose their belief that the wealth of a nation was directly coupled to its steel production."