Essar Steel lenders to meet ArcelorMittal and NuMetal today: Sources-March 2024-www.financetom.com

Essar Steel lenders to meet ArcelorMittal and NuMetal today: Sources

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Essar Steel lenders to meet ArcelorMittal and NuMetal today: Sources

May 2, 2018 2:24 AM

Sources tell CNBC-TV18 that Essar Steel's committee of creditors (CoC) will be meeting ArcelorMittal and NuMetal on Wednesday.

Both ArcelorMittal and NuMetal will be making their presentations to CoC on what exactly their offers are.

ArcelorMittal has been asked to clear the debts of KSS Petron and Uttam Galva Steels in order to qualify as a bidder for Essar Steel.

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