03
Apr
10:51
JSW Steel joins Nu Metal bid for Essar
JSW Steel has joined Nu Metal’s bid to acquire Essar Steel in the capacity of an investor, Kallanish learns from the Indian steelmaker. The re-bidding process for insolvent Essar Steel was held this week after the first round ended without result last month.
“As part of its growth strategy, while expanding its capacities through brownfield expansions, it is also evaluating opportunities for inorganic growth,” JSW Steel says of its joining …
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Anonymous
Very good overview of the weekly steel market.
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