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03-Apr2018

JSW Steel with Nu Metal submits bids for Essar Steel

JSW Steel in the capacity of an investor joined Nu Metal & Steel in submitting binding bid for Essar Steel, which is under the corporate insolvency resolution process as per the provisions of Insolvency Bankruptcy Code 2016. This step has been taken by the company as part of its growth strategy, while expanding its capacities through brown-field expansions.

JSW Steel is a part of the diversified $12 billion JSW Group, which has a presence in Steel, Energy, Infrastructure, Cement, Ventures and Sports.



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