The Much-awaited JV Between Steel Giant ArcelorMittal And State-run SAIL

- Sep 15, 2017-

The much delayed plans of the country's largest steel maker SAIL to set up a Rs 5,000-crore joint venture with ArcelorMittal seem to be coming to fruition. All hurdles in the formation of a joint venture (JV) between the steel giants have been removed and a final agreement in this regard may be signed next month, Union Steel Minister Chaudhury Birendra Singh said on Sunday.

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