Tag: Arcelor Mittal submits bids for Essar Steel

ArcelorMittal, the world’s largest steel maker has announced that its subsidiary ArcelorMittal India Private Limited (AMIPL) has today submitted an offer for Essar Steel India Limited (‘Essar’), the Indian steel company, in-line with the corporate insolvency resolution process for Essar. In its offer, AMIPL set out a detailed industrial plan for Essar aimed at improving…