ArcelorMittal confirmed the National Company Law Tribunal had approved the takeover of the 10 million tonne steel plant of Essar Steel by itself and Japan's Nippon Steel & Sumitomo Metal Corp, paving the way for the first major foreign participation in India's steel sector. ArcelorMittal has been trying to enter India's fast-growing steel market.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2HjBbMG
