21.15 (1.73%) 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.