ArcelorMittal-SAIL venture to be finalised soon
The proposed ₹5,000 crore investment plan of ArcelorMittal and SAIL for an automotive steel plant in India is likely to be finalised during Steel Minister Chaudhary Birender Singh’s upcoming visit to London and Luxembourg. Further, the Minister on Thursday said the joint venture would be “operational” by year-end. This deal was agreed upon by the firms over a year ago.