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17 Apr
20:43

ArcelorMittal secures Indian Steel Corporation takeover approval

ArcelorMittal India Pvt Ltd. says it welcomes the National Company Law Tribunal (NCLT)’s order to approve subsidiary AM Mining India Private Ltd.’s Resolution Plan for Indian Steel Corporation Limited (ISC). With an annual capacity of 600,000 tonnes, Gujarat-based ISC is a steel processing company with operations spanning cold-rolled, galvanised, and colour-coated steel products. The port-based facility caters to the automotive, construction, home appl…
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