AMIPL submits offer for Essar

ArcelorMittal and Nippon Steel & Sumitomo Metal Corporation (‘NSSMC’) have announced that ArcelorMittal’s subsidiary ArcelorMittal India Private Limited (‘AMIPL’) has recently submitted an offer in the re-bidding process for Essar Steel India Limited (‘Essar Steel’) in connection with the joint venture between ArcelorMittal and NSSMC to jointly acquire and manage Essar Steel.