Essar Steel is India's third-largest steelmaker

AFP Thursday May 1, 02:15 PM
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A security guard stands at the entrance to the headquarters of the Essar group in Mumbai in 2007. Indian steelmaker Essar Steel has said it plans to acquire US steel company Esmark, valuing the deal at 1.1 billion dollars, as it pushes ahead with an aggressive North American expansion drive. A security guard stands at the entrance to the headquarters of the Essar group in Mumbai in 2007. Indian steelmaker Essar Steel has said it plans to acquire US steel company Esmark, valuing the deal at 1.1 billion dollars, as it pushes ahead with an aggressive North American expansion drive.

AFP