Author: Admin Operation
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AM/NS India’s acquisition of Essar’s infra assets to boost steel capacity expansion plans
Integrated steel producer AM/NS India has reached an agreement to acquire the port, power, logistics and other infrastructure of Essar Group for $2.4 billion, according to latest updates available with SteelMint. The assets are either captive, such as the ports in Gujarat, Andhra Pradesh and Odisha, or are allied to AM/NS India’s steelmaking, which is…