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JSW Steel planning to bid for ArcelorMittal’s Galati plant in Romania

22 Jun 2018 Evaluate

JSW Steel is planning to make a bid for ArcelorMittal’s Galati plant in Romania. ArcelorMittal has had to put six European assets up for sale to get approval from European competition authorities for its purchase of Italy’s giant Ilva plant.

JSW Steel is one of the largest steel manufacturing companies in India having units in Karnataka and Maharashtra producing crude steel, long steel and flat steel products.

Peers
Company Name CMP
JSW Steel 1230.00
Tata Steel 183.40
Steel Authority 173.15
Jindal Stainless 724.60
APL Apollo Tubes 2115.85
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