ArcelorMittal and NSSMC form joint venture to acquire Essar Steel India

ArcelorMittal signed a joint venture formation agreement with Nippon Steel & Sumitomo Metal Corporation to jointly acquire Essar Steel India Limited. The bid was submitted on February 12, 2018.

“Partnering with NSSMC for Essar Steel was always our intention and adds further strength to our offer.”globenewswire.com

• 1 source
• globenewswire.comAgreement between ArcelorMittal and NSSMC regarding jointArcelorMittal S.A.Mar 2, 2018

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