Battle for Essar steel: SC rejects pleas by operational creditors.
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The following news item appeared in the international steel industry press.

Title: Battle for Essar steel: SC rejects pleas by operational creditors
Date: Mon, 11 Feb 2019 00:00:00 GMT

Report: In a big setback to operational creditors of Essar Steel, SC today rejected their plea for a stay against Feb 11 NCLAT order which paves the way for Arcelor Mittal's buyout of Essar. ET NOW explains SC's major observations and tells how soon can the deal
Keywords: deal, essar, steel, operational, creditors

Source: The Economic Times, Haryana, India.
Press release: see full report.

Related: For further information related to Essar Steel, see our South Asia steel sector news page. was first registered in September 2000, and the website went live in September 2001. The steel industry news and information portal is independently owned, and is managed from offices near London, UK.