Wish you the best for Essar Steel: Essar Group to new owner ArcelorMittal

Essar Group, led by the Ruia family, wished ArcelorMittal and Nippon Steel the very best for their entry into India after the Supreme Court allowed them to acquire bankrupt Essar Steel. "They're acquiring a world-class facility in a market that has a long runway for growth," Essar added. Lakshmi Mittal-led ArcelorMittal said it's looking forward to completing the acquisition soon.