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
Gold Falls ₹600 To ₹1,31,600/10g On Muted Global Trends, Rate-cut Jitters
Over 31.38 Crore Unorganised Workers Registered On e-Shram Portal; NCS Records 6.02 Crore Jobseekers
Sberbank Launches First-India Mutual Fund Linking Russian Investors To Nifty50 Index
PM Vishwakarma Scheme: 23.09 Lakh Artisans Trained, 6.8 Lakh Receive ₹22 Crore Incentives
VIDEO: 'India-Russia Trade Must Be More Balanced,' Says Minister Piyush Goyal; Target USD 100...