ArcelorMittal has entered into a joint venture pact with Nippon Steel & Sumitomo Metal Corporation to jointly acquire the assets of Essar Steel. The company's arm ArcelorMittal India has submitted a resolution plan for Essar Steel on February 12. CNBC-TV18’s Anshu Sharma caught up with Brian Aranha, the Executive Vice President, Arcelor Mittal to get more insights into the bid.
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ArcelorMittal has entered into a joint venture pact with Nippon Steel & Sumitomo Metal Corporation to jointly acquire the assets of Essar Steel. The company's arm ArcelorMittal India has submitted a resolution plan for Essar Steel on February 12. CNBC-TV18’s Anshu Sharma caught up with Brian Aranha, the Executive Vice President, Arcelor Mittal to get more insights into the bid.
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