05
May
14:08
Essar to re-enter steel in Indian joint venture
The Andhra Pradesh government has picked Essar Group to be the new joint venture partner for the prospective YSR Steel plant in Kadapa, according to Indian press reports. This comes after authorities dropped previous pick Liberty Steel due to its renowned financial troubles.
The move would represent Essar Group’s return to the steel business after it was forced to relinquish its circa 10 million tonnes/year capacity flat steelmaking operation to Arcelor…
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Anonymous
Very good overview of the weekly steel market.
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