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11 Nov
11:48

AM Mining India acquires Uttam Galva Steels

ArcelorMittal and Nippon Steel joint venture AM Mining India on 10 November completed the acquisition of Uttam Galva Steel, a downstream steel manufacturer based in Maharashtra, Kallanish notes. This follows the recent approval by the National Company Law Tribunal, Mumbai, of a resolution plan for Uttam Galva Steels submitted by AM Mining India, under the Insolvency and Bankruptcy Code. “I warmly welcome Uttam Galva Steels’ employees into the fol…
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