Essar Steel IRP declares Numetal, ArcelorMittal bids as ineligible
Lenders led by State Bank of India voted for another round of bids for Essar SteelBSE 0.41 % after the resolution professional (RP) concluded that both offers — by ArcelorMittal and Numetal — are ineligible under the current Insolvency and Bankruptcy Code (IBC).
Other Steel Videos
Tata Steel signs 500 million pound-deal with UK govt for Port Talbot steel plant
TV Narendran on Tata Steel Q3 Results: 'India volume, margin expansion to continue'
Jyotiraditya Scindia discusses rationale behind steel export duty rollback
Sajjan Jindal on steel exports duty roll back: 'Welcome move by steel industry; will continue to make in India for world'
Watch: TV Narendran of Tata Steel expresses his views on rising steel prices
