Essar Steel: London court dismisses ArcelorMittal plea against Essar
In an 81-page judgment, High Court Judge Andrew Henshaw on Monday found no merit in the case being brought by ArcelorMittal to enforce a worldwide freeze on Essar's assets to protect them from "dissipation" while the former pursues parallel legal remedies.
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Essar Steel manufactures carbon steel products such as welded beams, hot and cold steel rollings, primed plates and pipes for the shipbuilding sector.
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