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Indian group interested in ArcelorMittal's plant in Romania
JSW Steel will submit offer for taking over Galati's plant
23 June, 17:04
(ANSA) - BUCHAREST - JSW Steel, the biggest steel producer in
India, will submit an offer for taking over ArcelorMittal's
steel plant at Galati in Romania, as Romania-Insider.com
reports.
JSW will compete with Ukrainian group Metinvest and Italian
group Marcegaglia for this asset.
ArcelorMittal, the biggest steel producer in the world, has put its plant at Galati on sale together with five other assets, to get the European Commission's clearance to take over the Ilva steel plant in Italy, the biggest in Europe. ArcelorMittal Galati has an annual production capacity of 3.4 million tons of steel and some 5,600 employees. In 2017, the plant had a turnover of over EUR 1 billion and EUR 33 million in losses.
(ANSA).
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ArcelorMittal, the biggest steel producer in the world, has put its plant at Galati on sale together with five other assets, to get the European Commission's clearance to take over the Ilva steel plant in Italy, the biggest in Europe. ArcelorMittal Galati has an annual production capacity of 3.4 million tons of steel and some 5,600 employees. In 2017, the plant had a turnover of over EUR 1 billion and EUR 33 million in losses.
(ANSA).
