ArcelorMittal Revises Bid For Essar Steel, Willing To Offer Rs 42,000 Crore
Cooling water pours on to red hot steel slabs in the slab casting shop at a factory in Hisar, Haryana, India. (Photographer: Udit Kulshrestha/Bloomberg)

ArcelorMittal Revises Bid For Essar Steel, Willing To Offer Rs 42,000 Crore

ArcelorMittal, in partnership with Japan’s Nippon Steel & Sumitomo Metal Corporation, is said to have offered Rs 42,000 crore to repay creditors of Essar Steel Ltd. under the insolvency and bankrup...
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