JSW Steel with Nu Metal bid for Essar Steel

 

JSW Steel Limited in the capacity of an investor has joined Nu Metal & Steel Private Limited in submitting a binding bid for Essar Steel Ltd, which is under the corporate insolvency resolution process as per the provisions of Insolvency Bankruptcy Code 2016.

JSW Steel Limited, a leading producer of steel in India with an installed capacity of 18 MTPA and is a part of the diversified US$ 11 billion JSW Group, which has a presence in Steel, Energy, Infrastructure, Cement, Ventures and Sports. JSW Steel’s plant at Vijayanagar in Karnataka is the largest single location steel producing facility in the country with a capacity of 12 MTPA.

NewsBarons is now active on WhatsApp. To receive news and updates on your handset, please click here and press send to subscribe.

Latika Bhargava
Latika Bhargava successfully manages the dual responsibility of news and website management at Newsbarons. Latika prides herself at her expertise on social media planning and management. An entrepreneur at heart, Latika is a quick learner, analytical and enjoys reading on technology innovation.
latika@newsbarons.com
banner4