No clue about Arcelor move, says Uttam Galva

ArcelorMittal, Mexico, world largest steelmaker, Donald Trump, United States, NAFTA, ArcelorMittal Mexico, united nations Uttam Galva on Wednesday said they have no information regarding ArcelorMittal clearing the company dues.

Uttam Galva on Wednesday said they have no information regarding ArcelorMittal clearing the company dues. “In this regard, we would like to inform you that the company has not received any communication either from its lenders or ArcelorMittal,” the company said in a notification in response to a query from the stock exchanges. Uttam Galva owes Rs 5,654 crore to 18 banks, largest among them is State Bank of India (SBI).

Source: Financial Express