Mumbai : JSW Steel is likely to make a bid for ArcelorMittal’s Galati plant in Romania, according to sources. The world’s biggest steelmaker ArcelorMittal has had to put six European assets up for sale to get approval from European competition authorities for its purchase of Italy’s giant Ilva plant. Ukraine’s Metinvest and Italy’s Marcegaglia are also in the fray for the Galati plant. The combined value of the assets up for sale is estimated to be $752-940 million and Galati.
JSW Steel plans bid for Arcelor’s Romanian plant
RECENT STORIES
UK Flags Safety Concern After Air India Dreamliner Incident
How Deepak Parekh & HDFC Pioneered Home Loans In India
RVNL Q3 Revenue Rises To ₹4,684 Cr From ₹4,567 Cr, EBITDA Falls To ₹221 Cr From ₹239 Cr
Hindustan Copper Q3 Profit Jumps To ₹156 Cr From ₹63 Cr, Income Rises To ₹687 Cr From ₹328...
Rupee Rises 14 Paise To Close At 90.33 Against US Dollar