16
Dec
14:03
ArcelorMittal, Nippon Steel joint venture acquires Essar Steel
ArcelorMittal has completed its acquisition of Essar Steel (ESIL). It has simultaneously established a joint venture with Nippon Steel – called ArcelorMittal Nippon Steel India Limited (AM/NS India) – to own and operate ESIL.
ArcelorMittal president and chief financial officer Aditya Mittal has been appointed AM/NS India chairman, with Essar Steel managing director Dilip Oommen appointed chief executive.
“India has long been identified as an att…
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Anonymous
Very good overview of the weekly steel market.
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