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ArcelorMittal entry set to heat up India’s steel industry

ArcelorMittal entry set to heat up India’s steel industry

MUMBAI: The entry of ArcelorMittal, the world’s largest steelmaker, into the Indian market will force existing private sector players to increase efficiency and control costs, analysts say. A third steel producer, after Tata Steel Ltd and JSW Steel Ltd, with both financial heft and expertise, is expected to be good for the domestic market. On Friday, […]