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Workers missing after ArcelorMittal S Africa site accident

Workers missing after ArcelorMittal South Africa site accident

ArcelorMittal Nippon Steel India Inks Rs 5,000 Crore Pact With POSCO Maharashtra Steel To Supply Hot Rolled Coils

ArcelorMittal Nippon Steel India inks Rs 5,000 crore pact with POSCO Maharashtra Steel to supply hot rolled coils While AM/NS India is a 60:40 joint venture between Luxembourg-based ArcelorMittal and Japan s Nippon Steel, POSCO Maharashtra Steel is the Indian subsidiary of South Korean steel major POSCO. PTI January 29, 2021 / 01:59 PM IST Essar Steel case: The Supreme Court cleared ArcelorMittal s takeover of Essar Steel. The judgement is key because it is likely to help facilitate the biggest takeover of bad debts in Indian corporate history. It also ruled that the Committee of Creditors will have the final say in the resolution plans under the Insolvency and Bankruptcy Code (IBC) and that the National Company Law Tribunal (NCLT) and National Company Law Appellate Tribunal (NCLAT) cannot interfere with CoC’s commercial decisions.

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