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Why ArcelorMittal Is Focusing on Essar Steel

Mark O'Hara
Why ArcelorMittal Is Focusing on Essar Steel

ArcelorMittal (MT) subsidiary ArcelorMittal India Private has bid to acquire Essar Steel. According to ArcelorMittal CEO Lakshmi Mittal, “Essar provides a compelling opportunity for ArcelorMittal to enter the high growth Indian steel market.”