Robust steel demand and high prices are powering private steelmakers to vie for the public sector steel companies, which are up for sale under the Modi government's 2021-22 disinvestment plan.
Ever since India’s bankruptcy law came into being, several businessmen have sprung up with ‘eye-popping’ offers for their fallen stars at the risk of delaying the insolvency process.
The re-entry of the world’s largest steel player, ArcelorMittal, into the country will not only change the dynamics of the steel industry but also bring far greater innovation.
