18
Jan
14:39
ArcelorMittal Mining, JSPL eye Indian Steel Corporation acquisition
ArcelorMittal Mining and Jindal Steel and Power (JSPL) are among the four bidders who have submitted an expression of interest (EOI) to acquire debt-ridden Indian Steel Corporation (ISC). ISC’s lenders are looking to recover at least 40% of their dues, Kallanish notes.
According to the resolution professional (RP), authorities have received EOIs from ArcelorMittal Mining, Jindal Steel and Power, Metro Global and Khandwala Finstock.
“Yes, we have submi…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous