19
Feb
14:47
Bhushan Steel confirms three bids
Bhushan Steel has received insolvency resolution plans from Tata Steel, JSW Steel and a group of its own employees, the Indian steelmaker confirms.
Bhushan’s resolution professionals (RPs) will now review the three plans to make sure they conform to regulations. Once this is completed the committee of creditors will meet again to consider the compliant plans for selection. Bhushan makes no mention of a reported post-bidding deadline offer from another…
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Anonymous
Very good overview of the weekly steel market.
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